OFF MARKET

123 Lakeview Parade
Primbee NSW 2502

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 107m2
Land area: 917m2
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Property Details for 123 Lakeview Pde, Primbee

123 Lakeview Pde, Primbee is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1960. The property has a land size of 917m2 and floor size of 107m2. While the property is not currently for sale or for rent, it was last sold in August 2021.

Building Type
House
Year Built
1960
Floor Size
107m2
Land Size
917m2
Local Government
Wollongong
Lot/Plan
352/DP9753

Last Listing description (November 2024)

Situated in the sought after locale of Primbee, this exceptional 917sqm DA approved site boasts a prime position with an expansive 18-meter frontage and dual street access, offering convenience and potential. Currently adorned with an original 4-bedroom home, a versatile shed, and a self-contained granny flat, this property presents a rare opportunity for astute investors or developers seeking to capitalize on its promising attributes.

The north-facing orientation of the property provides panoramic views over the serene waters of Lake Illawarra, enhancing its allure and desirability. With its tranquil surroundings and captivating vistas, this site offers an idyllic setting for future development or renovation endeavors, promising a lifestyle of unparalleled tranquility and natural beauty.

Having secured development approval, this site stands poised for transformation, offering the possibility to reimagine its potential in alignment with contemporary preferences and requirements. Whether envisaging the creation of luxury residences, a boutique accommodation venture, or a bespoke architectural masterpiece, the canvas is primed for innovation and realization of visionary concepts.

Property History for 123 Lakeview Pde, Primbee, NSW 2502

A timeline of how this property has performed in the market
Last Sold
$1,150,000
13 Aug 2021
  • 13 Feb 2024
    Listed for Sale Price Guide $1,090,000
  • 04 May 2023
    Listed for Sale Price Guide $1,200,000
  • 13 Aug 2021
    Sold for $1,150,000
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About Primbee 2502

The size of Primbee is approximately 3.3 square kilometres. It has 10 parks covering nearly 70.6% of total area. The population of Primbee in 2011 was 1,578 people. By 2016 the population was 1,649 showing a population growth of 4.5% in the area during that time. The predominant age group in Primbee is 50-59 years. Households in Primbee are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Primbee work in a trades occupation. In 2011, 64.7% of the homes in Primbee were owner-occupied compared with 66.8% in 2016.

Primbee has 820 properties. Over the last 5 years, Houses in Primbee have seen a 73.34% increase in median value, while Units have seen a 35.00% increase. As at 31 October 2024:

  • The median value for Houses in Primbee is $1,008,413 while the median value for Units is $613,739.
  • Houses have a median rent of $660 while Units have a median rent of $333.
There are currently 4 properties listed for sale, and 3 properties listed for rent in Primbee on OnTheHouse. According to CoreLogic's data, 31 properties were sold in the past 12 months in Primbee.

Suburb Insights for Primbee 2502

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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.