OFF MARKET

7/5 Madden Street
Oak Flats NSW 2529

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 68m2
Land area: 2089m2
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Property Details for 7/5 Madden St, Oak Flats

7/5 Madden St, Oak Flats is a 2 bedroom, 1 bathroom Townhouse with 1 parking spaces and was built in 1989. The property has a land size of 2089m2 and floor size of 68m2. While the property is not currently for sale or for rent, it was last sold in July 2022.

Building Type
Townhouse
Year Built
1989
Floor Size
68m2
Land Size
2089m2
Local Government
Shellharbour
Lot/Plan
7/SP34801

Last Listing description (August 2022)

Representing outstanding value in today's market this solid brick and tile villa is sure to grab the attention of all investors with a quality tenant in a signed lease until 2023 and staying on as a part of the contract.

Whilst perfectly set in the heart of Oak Flats the property is within walking distance to town, the picture-perfect foreshore of Lake Illawarra, parklands, local shops and the Oak Flats train station.


An inspection will reveal:
- 2 bedrooms, each with floating floorboards, ceiling fans and large built-in robes.
- A newly renovated bathroom and separate toilet with a gorgeous marble theme throughout. From thick marble vanities to tiled marble walls leaves little space for disappointment.
- An air-conditioned living room situated towards front of the villa and facing northwest with endless amounts of summer sun and picturesque sunsets.
- Recently updated, a clean and tidy kitchen features all the modern-day amenities you may need. Including a 900mm gas stove, plenty of storage, also fitted with trendy plantation shutters.
- Other standout features include, single level lock up garage, plantation shutters throughout, split system air conditioning in the living area and much more.

Step down into the little to no maintenance backyard with a covered area perfect for year-round entertainment. Hurry! This villa is certainly not to be missed!

Property History for 7/5 Madden St, Oak Flats, NSW 2529

A timeline of how this property has performed in the market
Last Sold
$497,000
19 Jul 2022
  • 19 Jul 2022
    Sold for $497,000
  • 20 Jun 2022
    Listed for Sale Price Guide $480,000
  • 17 Mar 2021
    Sold for $428,000
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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 3,510 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, 175 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.