5 Derowie CrescentLake Heights NSW 2502
Property Details for 5 Derowie Cres, Lake Heights
5 Derowie Cres, Lake Heights is a 5 bedroom, 1 bathroom House with 4 parking spaces and was built in 1974. The property has a land size of 561m2 and floor size of 157m2. While the property is not currently for sale or for rent, it was last sold in October 2022.
Last Listing description (November 2022)
Talk about good old fashion bang for your buck value, is this five bedroom family home on the hill with swimming pool and views to the ocean. A perfect upgrade for the growing family who want lifestyle within a budget. A history of warmth and happiness for its current family bringing up 4 children complete with all their friends.
- located on a low maintenance block perched above all others with views to the ocean
- upstairs bedrooms filled with northern sun and spill off to a large family room
- three bedrooms downstairs allow for easy access and potential to work from home
- functional open plan kitchen joins a family meal area
- low maintenance rear yard meant for entertaining. a sparkling in ground pool taking centre stage
- side driveway allows for easy access to the rear, great for jet skis, trailers, caravans and the like.
- with such an affordable price range not only does it fit perfectly with the growing family but also as an investment
- short walk to parks and schools in the area
Property History for 5 Derowie Cres, Lake Heights, NSW 2502
- 25 Oct 2022Sold for $717,000
- 05 Aug 2022Listed for Sale $715,000 to $735,000
- 30 Nov 1998Sold for $160,000
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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 1,849 properties. Over the last 5 years, Houses in Lake Heights have seen a 66.18% increase in median value, while Units have seen a 51.99% increase. As at 31 August 2024:
- The median value for Houses in Lake Heights is $817,672 while the median value for Units is $698,537.
- Houses have a median rent of $600 while Units have a median rent of $448.
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