OFF MARKET

79 Parkes Street
Oak Flats NSW 2529

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 92m2
Land area: 914m2
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Property Details for 79 Parkes St, Oak Flats

79 Parkes St, Oak Flats is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1960. The property has a land size of 914m2 and floor size of 92m2. While the property is not currently for sale or for rent, it was last sold in August 2023.

Building Type
House
Year Built
1960
Floor Size
92m2
Land Size
914m2
Local Government
Shellharbour
Lot/Plan
201/B/DP13638

Last Listing description (October 2023)

Unique, Rare opportunity. R3 corner blocks of this size are running out. This won't be available again.

Discover the hidden gem at 79 Parkes Street, Oak Flats - a truly original 3 bedroom home nestled on a generous 910.5m block of land. Zoned R3. If you're seeking a property with character, space, and the opportunity to create your dream living space, this is your chance!

Located in the heart of Oak Flats, this property offers the best of both worlds: a tranquil retreat within reach of urban conveniences. Enjoy proximity to local shops, schools, parks, and the picturesque Lake Illawarra. The stunning beaches of the South Coast are just a short drive away, making this location a true haven for both relaxation and adventure.

Bring your imagination and turn this original gem into your ideal home! Renovators will relish the chance to enhance and modernise the existing layout, infusing the residence with contemporary touches while preserving its unique character. Savvy investors, on the other hand, will recognise the potential for adding significant value in a sought-after neighbourhood.

Perfect development site of between 4-5 units STCA.

Seize this unique opportunity to shape your ideal living space and invest in a property with incredible potential. For inquiries and inspections, contact Alex on 0427 785 000

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Property History for 79 Parkes St, Oak Flats, NSW 2529

A timeline of how this property has performed in the market
Last Sold
$1,170,000
22 Aug 2023
  • 22 Aug 2023
    Sold for $1,170,000
  • 14 Aug 2023
    Listed for Sale Auction Tues 12th Sept
  • 18 May 1992
    Sold

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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.

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