16 Derwent Cres, Lakelands is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1995. The property has a land size of 450m2 and floor size of 102m2. While the property is not currently for sale or for rent, it was last sold in June 2018.
Located in a desirable cul-de-sac with reserve to the rear ensuring peace and privacy, this single storey home is ideal for a young family or downsizers. Set on a level 450sqm parcel, it's moments to the lake, Hillsborough Road leisure precinct and cafes.
- Sun drenched dual aspect lounge features air conditioning
- Combined kitchen and dining area flows to generous alfresco
The size of Lakelands is approximately 0.8 square kilometres. It has 4 parks covering nearly 23.6% of total area. The population of Lakelands in 2011 was 1,506 people. By 2016 the population was 1,423 showing a population decline of 5.5% in the area during that time. The predominant age group in Lakelands is 50-59 years. Households in Lakelands are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Lakelands work in a professional occupation. In 2011, 88.1% of the homes in Lakelands were owner-occupied compared with 86.7% in 2016.
Lakelands has 549 properties. Over the last 5 years, Houses in Lakelands have seen a 65.45% increase in median value, while Units have seen a 57.52% increase. As at 31 October 2024:
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