OFF MARKET

17 David Avenue
Oak Flats NSW 2529

Bedrooms: 6
Bathrooms: 3
Car spaces: 3
Floor area: 58m2
Land area: 725m2
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Property Details for 17 David Ave, Oak Flats

17 David Ave, Oak Flats is a 6 bedroom, 3 bathroom Unit with 3 parking spaces and was built in 1980. The property has a land size of 725m2 and floor size of 58m2. While the property is not currently for sale or for rent, it was last sold in May 1984.

Building Type
Unit
Year Built
1980
Floor Size
58m2
Land Size
725m2
Local Government
Shellharbour
Lot/Plan
414/DP15643

Last Listing description (February 2023)

Introducing an unprecedented investment opportunity in a premium central location. Boasting an excellent rental history, this well-kept blonde brick complex of three is within walking distance to shopping precinct, schools, bowling club and Lake Illawarra.

- Currently returning $52,000pa gross. Current market $56,000 plus.
- Great condition with timber floors throughout, awesome tenants
- Impressive 725sqm block with ample room for kids to play at rear
- Walk to public, secondary schools and the Oak Flats Bowling Club
- Hop skip and a jump to the lake’s foreshore and popular cycle-way
- Positioned in the heart of Oak Flats with an excellent tenancy history

Water Rates: $448.05 per quarter (approx.)
Council Rates: $863.00 per quarter (approx.)

If you would like to follow this listing or make an offer, please follow the link below:

https://buy.realtair.com/properties/100186

For further information, please call or email Adam Martin & Team

Property History for 17 David Ave, Oak Flats, NSW 2529

A timeline of how this property has performed in the market
Last Sold
$94,000
04 May 1984
Listed for Rent
$200/w
13 Jan 2011
  • 15 Aug 2023
    Sold
  • 15 Nov 2022
    Listed for Sale Price Guide $1,300,000
  • 30 Sep 2010
    Listed for Rent - Price not available
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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 3,511 properties. Over the last 5 years, Houses in Oak Flats have seen a 64.33% increase in median value, while Units have seen a 51.86% increase. As at 31 October 2024:

  • The median value for Houses in Oak Flats is $940,513 while the median value for Units is $711,038.
  • Houses have a median rent of $630 while Units have a median rent of $620.
There are currently 15 properties listed for sale, and 12 properties listed for rent in Oak flats on OnTheHouse. According to CoreLogic's data, 176 properties were sold in the past 12 months in Oak flats.

Suburb Insights for Oak Flats 2529

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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.