OFF MARKET

6 Parkes Street
Oak Flats NSW 2529

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 130m2
Land area: 697m2
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Last updated 16 Sep 2024
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Property Details for 6 Parkes St, Oak Flats

6 Parkes St, Oak Flats is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 697m2 and floor size of 130m2. While the property is not currently for sale or for rent, it was last sold in February 2022.

Building Type
House
Floor Size
130m2
Land Size
697m2
Local Government
Shellharbour
Lot/Plan
125/B/DP13638

Last Listing description (June 2022)

This lovely four bed cottage with study and two bathrooms sits on an impressive level parcel of land at just under 700 sqm in size. The location is superb on a quiet street and only a few streets from the water's edge of Lake Illawarra, with local shops and transport also a short walk away. The home is very liveable now but also provides endless opportunities for some DIY reno's or a full refurbishment or even a knock down re-build with Develop opportunity's (SCA) There is also the option of adding a granny flat accommodation/work from home space/or extra rental income (dependent on all relevant approvals), or you could even consider adding a swimming pool and alfresco entertaining zone.

The property has features from a by-gone era with high ceilings and beautiful detailed cornicing and a slow combustion wood burner. The kitchen has been updated with gas cooking and gas hot water and one of the bathrooms has been fully renovated. Vinyl flooring planks have been updated in the living areas with the original timber still underneath, that could easily be re-instated. There is ample side access with the ability to drive into the back backyard and an enormous double garage ideal for storing boats, water sports equipment, or even a home gym.

Oak Flats is a sought after community and particularly the location of this home, with the area having much to offer including easy access to lakes, beaches and parklands. The new Waterfront Marina precinct and Shellharbour Village are both about 5 minutes away with Stockland Shopping Centre and Movie Precinct also nearby. Oak Flats train station is just down the road. Wollongong is only 24kms away, 13 minutes to Kiama and 15 minutes to Jamberoo Action Park. The new Shellharbour Airport is just 6 minutes away providing regular flights to Melbourne and Brisbane each week. It is also only a 1 hour drive to the Southern suburbs of Sydney.

Property History for 6 Parkes St, Oak Flats, NSW 2529

A timeline of how this property has performed in the market
Last Sold
$955,000
15 Feb 2022
    No history found for this property.

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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 3,513 properties. Over the last 5 years, Houses in Oak Flats have seen a 62.87% increase in median value, while Units have seen a 43.05% increase. As at 31 August 2024:

  • The median value for Houses in Oak Flats is $903,843 while the median value for Units is $655,252.
  • Houses have a median rent of $620 while Units have a median rent of $620.
There are currently 14 properties listed for sale, and 12 properties listed for rent in Oak flats on OnTheHouse. According to CoreLogic's data, 169 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.