8 Madden StreetOak Flats NSW 2529
Property Details for 8 Madden St, Oak Flats
8 Madden St, Oak Flats is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 696m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 3 bedroom House sold in Oak Flats in the last 12 months.
Last Listing description (June 2024)
Boasting 696m2 (approx.) of sought after medium density (Zoned R3) land, situated in a highly desirable area and conveniently located within minutes walk to the town centre, local train station and Lake Illawarra's spectacular foreshores, this opportunity to make your mark in a thriving real estate market it not to be missed.
Whether you are a savvy investor looking to capitalise on the growing market, a homeowner seeking to customise your dream home or a developer in search of a lucrative multi dwelling development site, the possibilities are endless.
The existing three bedroom home offers comfortable living spaces including a functional kitchen and bathroom, two separate living areas, high ceilings with ornate cornices, cypress pine flooring and tiles throughout, internal laundry, a huge 6m x 8.8m remote powered garage, ample off street parking with a separate space for a caravan or boat.
For further information or to arrange a private inspection please don't hesitate to contact Jack Scofield on 0406 343 917.
Property History for 8 Madden St, Oak Flats, NSW 2529
- 14 Jun 2024Sold for $845,000
- 03 Jun 2024Listed for Sale Guide $800,000
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0About 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.
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