88 Barina AvenueLake Heights NSW 2502
Property Details for 88 Barina Ave, Lake Heights
88 Barina Ave, Lake Heights is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1960. The property has a land size of 991m2 and floor size of 150m2. While the property is not currently for sale or for rent, it was last sold in August 2021.
Last Listing description (September 2021)
An unprecedented investment opportunity on handy 986sqm block. Renovated throughout and centrally positioned with lock-up garage and enormous divided yards. This solid duplex is in outstanding condition and offers the ability to further maximise (stca.)
- Renovated two bedroom units with polished timber floors
- New kitchens throughout and freshly painted interiors
- Separate single garages and individual external laundries
- A potential annual rental return of between $38k - $42k
- Property is large enough to fit a granny flat to rear (stca)
- Impressive Torrens Title duplex in handy central location
Council Rates: $533.40 per quarter (approx.)
Water Rates: $177.12 per quarter (approx.)
Potential Rent: $380.00 per unit per week (approx.)
Property History for 88 Barina Ave, Lake Heights, NSW 2502
- 12 Aug 2021Sold for $850,000
- 04 Aug 2021Listed for Sale Expressions of Interest
- 29 Apr 2011Listed for Rent - Price not available
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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.
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