SOLD
RECENT ADVICE
Sold on 06 Jun 2024 for $670,000

6 Karrabah Crescent
Lake Heights NSW 2502

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Land area: 658m2
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Property Details for 6 Karrabah Cres, Lake Heights

6 Karrabah Cres, Lake Heights is a 3 bedroom, 1 bathroom House. The property has a land size of 658m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 3 bedroom House sold in Lake Heights in the last 12 months.

Building Type
House
Land Size
658m2
Local Government
Wollongong
Lot/Plan
280/DP201106

Last Listing description (June 2024)

Ripe for renovation or an inspired reimagining, this 1950's cottage with high ceilings & solid
timber floor boards occupies a substantial 658sqm parcel enjoying an ideal north to rear
aspect, & awaits the next exciting chapter of its life story.

Featuring a wide 15.4m street frontage, the opportunities are many. Renovate the existing
home & reside or rent. Take advantage of dual occupancy potential & construct a second
dwelling at the rear. Or start anew & capitalise with a dynamic duplex development.
Moments from Lake Heights shops & eateries & less than a kilometre from both Warrawong
High School & Warrawong Public School, this is an excellent location for growing families. All
that remains is to assess the possibilities & reap the rewards.
- Well proportioned allotment with an unusually deep northern boundary.
- Recent earthworks & retaining walls front & rear create usable level platforms.
- Brick, clad, & tile home in good structural condition, fully functional, but dated.
- Covered porch. Generous living room at entry with wide picture window.
- 3 bedrooms, 1 including built-in wardrobe, all with window coverings.
- Family bathroom in neat original condition with full size tub & separate shower.
- Light-filled kitchen with electric cooktop & oven & adjoining dining space.
- Laundry at back door plus additional toilet. Under house storage.
- 5.1kW (18 panel) solar system generates free energy.
- Securely fenced perimeter. Electric hot water.
- 500m to sporting fields & Lake Heights Junior Football Club.
- 4 mins to Warrawong shopping, dining, & services.

Property History for 6 Karrabah Cres, Lake Heights, NSW 2502

A timeline of how this property has performed in the market
Last Sold
$670,000
06 Jun 2024
  • 30 May 2024
    Sold for $670,000
  • 25 May 2024
    Sold
  • 14 May 2024
    Listed for Sale $650,000

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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 1,851 properties. Over the last 5 years, Houses in Lake Heights have seen a 70.44% increase in median value, while Units have seen a 57.30% increase. As at 31 July 2024:

  • The median value for Houses in Lake Heights is $830,178 while the median value for Units is $710,691.
  • Houses have a median rent of $600 while Units have a median rent of $440.
There are currently 12 properties listed for sale, and 5 properties listed for rent in Lake heights on OnTheHouse. According to CoreLogic's data, 72 properties were sold in the past 12 months in Lake heights.

Suburb Insights for Lake Heights 2502

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Cristian Cignarella
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Wendy Ristuccia
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The Agency Wollongong
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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.