SOLD
Sold on 28 Aug 2024 for $825,000

5/16 The Esplanade
Oak Flats NSW 2529

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 121m2
Land area: 141m2
Sold By
A-List Property Group
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Property Details for 5/16 The Esplanade, Oak Flats

5/16 The Esplanade, Oak Flats is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 2020. The property has a land size of 141m2 and floor size of 121m2. 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 Oak Flats in the last 12 months.

Building Type
House
Year Built
2020
Floor Size
121m2
Land Size
141m2
Local Government
Shellharbour
Lot/Plan
5/SP101727

Last Listing description (October 2024)

Stunning Town home across from the Lake in a Boutique Complex

Proudly presenting this architecturally designed three-bedroom town home, located in a boutique complex across from the Lake Illawarra, offering a low maintenance lifestyle with the added benefit of space and convenience, ideal for the first home buyer, investor or downsizer.

This stunning three-bedroom town-home will tick all the boxes, offering a light filled interior with three generous sized bedrooms all with built in wardrobes and fans, ensuite and air conditioning to the master, floor to ceiling tiled bathrooms with the latest fixtures and fittings, modern kitchen with stone bench tops and stainless steel appliances, open plan living and dining, internal laundry with additional toilet, double lock up garage with internal access and a beautiful covered north facing alfresco area with a low maintenance court yard providing the perfect opportunity and lifestyle.

Located across from Lake Illawarra, walking tracks, parks and only a short stroll to the local Oak Flats shops, schools, public transport and within 5 min drive to Shellharbour Stockland?s shopping centre and within 10min drive to Shellharbour beach.

Features:

- Three generous sized bedrooms with BIW and ceiling fans
- Main bedroom with ensuite, extra-large BIW and air conditioning
- Stylish kitchen with gas cooking, dishwasher and ample cupboard space
- Open plan living and dining area
- Main bathroom with separate shower and bath
- Internal laundry with additional toilet plus linen closet
- North facing alfresco area with low maintenance courtyard
- Double garage with internal access

Rental Appraisal $750 per week - $775 per week (approx)

Outgoings:

Council Rates $368 per quarter (approx)
Water Rates $172 per quarter (approx)
Strata Fees $504 per quarter (approx)

*** Sold by Anthony Sorace - 0413 690 459 - A-List Property Group***

Disclaimer:
Whilst A-List Property Group has made every effort to ensure the information supplied to you in our marketing material is correct, we cannot guarantee the accuracy of the information provided by our Vendors, and as such, A-List Property Group makes no statement, representation, or warranty, and assumes no legal liability in relation to the accuracy of the information provided. Interested parties should conduct their own due diligence in relation to each property they are considering purchasing. All photographs, maps and images are representative only, for marketing purposes.

Property History for 5/16 The Esplanade, Oak Flats, NSW 2529

A timeline of how this property has performed in the market
Last Sold
$825,000
28 Aug 2024
  • 28 Aug 2024
    Sold for $825,000
  • 22 Jul 2024
    Listed for Sale Price Guide $795,000
  • 26 Jun 2020
    Listed for Sale $583,000
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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 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 5 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.

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.