OFF MARKET

49 Barina Avenue
Lake Heights NSW 2502

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 91m2
Land area: 558m2
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Property Details for 49 Barina Ave, Lake Heights

49 Barina Ave, Lake Heights is a 2 bedroom, 1 bathroom House with 2 parking spaces and was built in 1960. The property has a land size of 558m2 and floor size of 91m2. While the property is not currently for sale or for rent, it was last sold in December 2021.

Building Type
House
Year Built
1960
Floor Size
91m2
Land Size
558m2
Local Government
Wollongong
Lot/Plan
186/DP201106

Last Listing description (October 2023)

Rental return :
- 2 bedroom house $550 a week
- Studio apartment $290 a week

A neighbourhood that truly has it all, Lake Heights benefits from the ultimate geographical position - encircled by the white sand of Port Kembla Beach, the sparkling blue of Lake Illawarra, and lush green wilderness of the Escarpment.

This well-proportioned 556sqm property with wide 18.29m frontage in an ideal elevated location comes complete with DA consent for a 4 bed, 2 bath, 2 car home, PLUS separate 2 bed self-contained granny flat. Imagine the possibilities.

In a community that grows more cosmopolitan by the day, there is no end of activities to enjoy close by. Yacht and Golf Clubs, thriving Warrawong shopping centre, parks and picnic areas, schools and playgrounds.
The existing cottage in neat original condition will serve perfectly for as long as necessary, while plans are tweaked or funds secured.

In a community that grows more cosmopolitan by the day, there is no end of activities to enjoy close by. Yacht and Golf Clubs, thriving Warrawong shopping centre, parks and picnic areas, schools and playgrounds.
The existing cottage in neat original condition will serve perfectly for as long as necessary, while plans are tweaked or funds secured.

The future looks bright indeed in spectacular Lake Heights.

- New Kitchen installed since listed
- 2 Bathrooms recently renovated
- Develop or simply Land Bank this potential-packed parcel
- Council approved plans for handsome new 4 bedroom home + 2 bedroom flat
- Convenient family-friendly location handy to beach, lake and CBD
- Comfortable existing 2 bedroom cottage with 2 car garage plus storage
- Solid investment reaping rental return or build your Forever Home

Development plans supplied, Contact Agent

Property History for 49 Barina Ave, Lake Heights, NSW 2502

A timeline of how this property has performed in the market
Last Sold
$600,000
01 Dec 2021
Listed for Rent
$410/w
16 Mar 2022
  • 31 Aug 2023
    Listed for Sale Price Guide $749,000
  • 26 May 2023
    Listed for Sale Price Guide $749,000
  • 10 Nov 2022
    Listed for Sale Price Guide $690,000
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About Lake Heights 2502

The size of Lake Heights is approximately 1.6 square kilometres. It has 11 parks covering nearly 11.8% of total area. The population of Lake Heights in 2011 was 3,260 people. By 2016 the population was 3,853 showing a population growth of 18.2% in the area during that time. The predominant age group in Lake Heights is 0-9 years. Households in Lake Heights are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Lake Heights work in a trades occupation. In 2011, 74% of the homes in Lake Heights were owner-occupied compared with 69.8% in 2016.

Lake Heights has 1,853 properties. Over the last 5 years, Houses in Lake Heights have seen a 66.05% increase in median value, while Units have seen a 48.72% increase. As at 31 October 2024:

  • The median value for Houses in Lake Heights is $822,810 while the median value for Units is $689,816.
  • Houses have a median rent of $625 while Units have a median rent of $450.
There are currently 10 properties listed for sale, and 4 properties listed for rent in Lake heights on OnTheHouse. According to CoreLogic's data, 62 properties were sold in the past 12 months in Lake heights.

Suburb Insights for Lake Heights 2502

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.