OFF MARKET

54 Ranchby Avenue
Lake Heights NSW 2502

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 87m2
Land area: 644m2
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Last updated 11 Nov 2024
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Property Details for 54 Ranchby Ave, Lake Heights

54 Ranchby Ave, Lake Heights is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 644m2 and floor size of 87m2. While the property is not currently for sale or for rent, it was last sold in October 2023.

Building Type
House
Floor Size
87m2
Land Size
644m2
Local Government
Wollongong
Lot/Plan
2/DP28802

Last Listing description (April 2024)

Discover the perfect blend of space, convenience, and potential in this charming 3-bedroom + study home located in Lake Heights. Occupying a large 644m2 block with an adaptable floorplan, there is endless potential with the opportunity to renovate the existing dwelling or knock down/re-build to add further value (STCA).

Features include:
- 3 bedrooms & office space

- Well proportioned single level layout showcasing separate living, kitchen and dining zones
- Large family / common room
- Beautiful high ceilings throughout
- Original kitchenette with potential to renovate and modernize
- External workshop space & laundry
- Generous 644m2 block
- Fenced backyard with plenty of yard for the kids to play in
- Potential dual occupancy (STCA)
- Represents a fantastic opportunity for first homebuyers and investors alike

Located in an ideal picturesque and sought-after location. 10 minutes drive to Wollongong and Shellharbour City and only a short drive to Port Kembla beach. Local shops, schools, bus, bike path and boat ramp are all within arms reach, it has all the benefits from a geographical position.

The property is presented by Rise Property Group, for further information please contact Daniel Kostovski 0402 037 940 or Elena Gould 0436 366 606.

Whilst every effort has been made to ensure the accuracy and thoroughness of the information provided to you in our marketing material, we cannot guarantee the accuracy of the information provided by our vendors, and as such, Rise Property Group makes no statement, representation or warranty, and assumes no legal liability in relation to the accuracy of the information provided. Interested parties should conduct their own due diligence in relation to each property they are considering purchasing. All photographs, maps, and images are representative only, for marketing purposes.

Property History for 54 Ranchby Ave, Lake Heights, NSW 2502

A timeline of how this property has performed in the market
Last Sold
$664,000
14 Oct 2023
  • 14 Oct 2023
    Sold for $664,000
  • 19 Sep 2023
    Listed for Sale AUCTION - Guide $670,000
  • 08 May 2023
    Sold

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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 11 properties listed for sale, and 3 properties listed for rent in Lake heights on OnTheHouse. According to CoreLogic's data, 61 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.