4/4 Lyne StreetOak Flats NSW 2529
Property Details for 4/4 Lyne St, Oak Flats
4/4 Lyne St, Oak Flats is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 2 bedroom Unit sold in Oak Flats in the last 12 months.
Last Listing description (June 2024)
This beautifully presented two bedroom unit is within walking distance of Lake Illawarra foreshores, schools and the local shops. Currently leased for $450 per week. Features included a modern looking kitchen with open plan living, polished timber floorboards, decent sized bedroom with a mirrored built-in wardrobe. Quiet neighbourhood, in a complex of only 4. Flat block. Shared laundry. Short drive to Stockland Shopping Centre, Train Station and beaches.
Rental Appraisal: $470 - $490 per week
Shellharbour Council Rates: $416.00 per quarter
Strata: $767.50 per quarter
Property History for 4/4 Lyne St, Oak Flats, NSW 2529
- 02 Jul 2024Listed for Rent $450 / week
- 30 May 2024Sold for $495,000
- 16 May 2024Listed for Sale $450,000 to $495,000
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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 3,506 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.
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