SOLD
RECENT ADVICE
Sold on 03 Aug 2024 for $1,100,000

9 Buena Vista Avenue
Lake Heights NSW 2502

Bedrooms: 3
Bathrooms: 2
Car spaces: 6
Land area: 1391m2
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Property Details for 9 Buena Vista Ave, Lake Heights

9 Buena Vista Ave, Lake Heights is a 3 bedroom, 2 bathroom House with 6 parking spaces. The property has a land size of 1391m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 3 bedroom House sold in Lake Heights in the last 12 months.

Building Type
House
Land Size
1391m2
Local Government
Wollongong
Lot/Plan
406/DP15174

Last Listing description (August 2024)

Prime lake view position and huge potential on 1,391sqm

Nothing less than extraordinary, with its huge block size in a quiet street with panoramic lake views, this quality property is ready for a fresh start moments from schools and shops, the Illawarra Yacht Club and the water's edge. Explore options for redevelopment (STCA), or bring your executive vision to bear on one of this suburb's best sites and create a luxurious family home with 360-degree water and district views.

- Sensational opportunity for a builder developer (STCA), designer or experienced renovator

- Three-bedroom brick home presently onsite in original condition throughout
- Two lounges plus sunroom, spacious eat-in kitchen, separate outdoor living
- Additional outbuildings including multiple large carports and workshop/storage
- Scope to modernise existing home and build new secondary dwelling to rear (STCA)
- Or take advantage of the superb setting with an entirely new development project (STCA)
- Stroll to transport links, Warrawong Plaza and Port Kembla Beach in easy reach
- Close to skate parks and lake foreshore walk, only 500m to Lake Heights Public School
- Excellent long-term growth prospects a mere 15 minutes from Wollongong CBD

The below rates are provided as a guide:
Council rates $549.51pq approx.
Water rates $172.79pq approx.

To register for this auction, please follow the link below:
https://buy.realtair.com/properties/136158

Property History for 9 Buena Vista Ave, Lake Heights, NSW 2502

A timeline of how this property has performed in the market
Last Sold
$1,100,000
03 Aug 2024
  • 03 Aug 2024
    Sold for $1,100,000
  • 10 Jul 2024
    Listed for Sale $1,100,000
  • 04 Jun 2024
    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 1,847 properties. Over the last 5 years, Houses in Lake Heights have seen a 67.69% increase in median value, while Units have seen a 50.43% increase. As at 30 September 2024:

  • The median value for Houses in Lake Heights is $834,870 while the median value for Units is $690,802.
  • Houses have a median rent of $620 while Units have a median rent of $450.
There are currently 8 properties listed for sale, and 1 property 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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Aaron Dean
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Paul Piacentin
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Stone Real Estate Illawarra
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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.