SOLD
Sold on 05 Apr 2024 for $820,000

114 Lake Entrance Road
Oak Flats NSW 2529

Bedrooms: 4
Bathrooms: 2
Car spaces: -
Floor area: 88m2
Land area: 696m2
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Property Details for 114 Lake Entrance Rd, Oak Flats

114 Lake Entrance Rd, Oak Flats is a 4 bedroom, 2 bathroom House and was built in 1960. The property has a land size of 696m2 and floor size of 88m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 4 bedroom House sold in Oak Flats in the last 12 months.

Building Type
House
Year Built
1960
Floor Size
88m2
Land Size
696m2
Local Government
Shellharbour
Lot/Plan
57/DP24576

Last Listing description (June 2024)

Nestled on an expansive 696 sqm block, this residence embodies the essence of the picturesque Illawarra region. Within a short stroll, discover the vibrant Main Street of the village, surrounded by charming cafes, restaurants, public schools, and essential amenities. Welcome to Lakeview Cottage, a beautiful home on the stunning south coast.

Boasting generous light-filled interiors, a well-kept kitchen with modern flooring, and complemented by a sizable backyard, this property presents an enticing opportunity for those entering the real estate market.

The added convenience of side access enhances accessibility to the spacious backyard, offering ample room for storage or additional parking. Situated in a tranquil neighbourhood, this residence provides a peaceful haven in a location that embraces the best the Illawarra has to offer.

Property Features -
- 10 min walk to Lake Illawarra Shellharbour Square and Oak Flats station
- 10 min drive to Shellharbour beach
- 70 mins from Sydney
- 4 bedrooms. 2 bathrooms. Converted garage / rumpus room.
- Land Size - 696 sqm.
- Possibility for development subject to council approval

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Property History for 114 Lake Entrance Rd, Oak Flats, NSW 2529

A timeline of how this property has performed in the market
Last Sold
$820,000
05 Apr 2024
  • 05 Apr 2024
    Sold for $820,000
  • 09 Jan 2024
    Listed for Sale $799,000 - $839,000
  • 08 Oct 2021
    Sold for $799,000
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About Oak Flats 2529

The size of Oak Flats is approximately 3.7 square kilometres. It has 17 parks covering nearly 11.9% of total area. The population of Oak Flats in 2011 was 6,310 people. By 2016 the population was 6,377 showing a population growth of 1.1% in the area during that time. The predominant age group in Oak Flats is 50-59 years. Households in Oak Flats are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Oak Flats work in a trades occupation. In 2011, 76.4% of the homes in Oak Flats were owner-occupied compared with 75.8% in 2016.

Oak Flats has 3,514 properties. Over the last 5 years, Houses in Oak Flats have seen a 66.20% increase in median value, while Units have seen a 41.86% increase. As at 30 September 2024:

  • The median value for Houses in Oak Flats is $934,266 while the median value for Units is $665,142.
  • Houses have a median rent of $630 while Units have a median rent of $600.
There are currently 15 properties listed for sale, and 11 properties listed for rent in Oak flats on OnTheHouse. According to CoreLogic's data, 168 properties were sold in the past 12 months in Oak flats.

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