OFF MARKET

38 Keerong Avenue
Russell Vale NSW 2517

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 152m2
Land area: 729m2
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Property Details for 38 Keerong Ave, Russell Vale

38 Keerong Ave, Russell Vale is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1970. The property has a land size of 729m2 and floor size of 152m2. While the property is not currently for sale or for rent, it was last sold in July 2006.

Building Type
House
Year Built
1970
Floor Size
152m2
Land Size
729m2
Local Government
Wollongong
Lot/Plan
3/DP419665

Last Listing description (September 2022)

Yes indeed, you read that correctly!!

Without doubt, this would have to be one of the most unique & versatile properties to hit the market in a very long time.


With 2 separate dwellings on the one block, the possibilities for any purchaser are endless ..
Perhaps you would like to rent out the 2nd dwelling to bring in a passive income to help pay off your mortgage?
Or looking for a property that can accommodate an extended family?

Located in a gorgeous tree lined street, this 721sqm parcel of land offers 2 completely separate houses - on the one block.

38 Keerong Avenue offers a beautiful family home with a large private backyard, and for those that work from home, you have the ideal downstairs layout - with loads of storage and space!

While 22 Channon Street offers modern, open plan living perfect for a couple or single living on their own, with 2 bedrooms and cleverly designed space and storage plus a large deck for indoor / outdoor flow.

For the savvy investor, with rental property demand being so high, and supply at an all time low, the return of approx. $1300.00pw for both houses is certainly a realistic expectation in today's market. Or live in one, and rent out the other!

Or perhaps you are trying to get into the market and have found you are being priced out of the Northern Suburbs?
This terrific property could allow you to combine resources with another savvy investor or family member to secure your very own home without sacrificing your privacy.

Located within the highly sort after family friendly suburb of Russell Vale, you are located just a short distance from Russel Vale Primary School and in the catchment zone for Woonona High School. Cafe's, the gorgeous beachfont and transport are also just a short distance from your doorstep.

By utilising a smart strategy, careful planning and clear vision, the current Owner has certainly made the very most of this gorgeous piece of land .
Bonus points are added on for the separate street entrances and addresses!

So, whether you are a smart investor, someone who's seeking a work from home situation, or looking for a property that can accommodate an extended family, this could be your chance to live in your dream home, whilst securing your financial future.

What you will love ..

38 Keerong Avenue ( Main Family Home )
* 3 bedrooms
* Freshly polished floors throughout
* Large sunny north facing deck, perfect for entertaining
* Air con & ceiling fans in rooms
* Freshly painted with high ceilings
* Ample neat and tidy living area
* Large storage area / office work space
* Downstairs entertaining area conversion
* Off street secure parking
* Large fully enclosed grassy backyard
* $800 p/w Rental appraisal

22 Channon Street
(separate street frontage) located around the corner
* Gorgeous large sunny front deck with beautiful view over the park
* Private front grassy lawn and tropical garden
* 2 bedrooms with built ins
* Open plan kitchen and living areas with polished hardwood floors
* Sleek and modern Island kitchen
* Back sundeck with leafy outlook
* Ultra modern bathroom
* Crimsafe double sliding doors opening out to front deck
* Air con & ceiling fans in all rooms
* $500p/w rental appraisal


Approx Annual Outgoings:
Council Rates: $2771.60
Water Rates: $177.12

We are open at 12.00 12.30 on Saturday, so feel free to come along and have a look for yourself.

If you would like more information, please don't hesitate to contact JAINE CONNERY on 0410 426 320.

Property History for 38 Keerong Ave, Russell Vale, NSW 2517

A timeline of how this property has performed in the market
Last Sold
$367,000
03 Jul 2006
  • 01 Jun 2022
    Listed for Sale $1,800,000 to $1,900,000
  • 03 Jul 2006
    Sold for $367,000
  • 18 Feb 2006
    Listed for Sale Not Disclosed
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About Russell Vale 2517

The size of Russell Vale is approximately 2.1 square kilometres. It has 5 parks covering nearly 14.5% of total area. The population of Russell Vale in 2011 was 1,517 people. By 2016 the population was 1,548 showing a population growth of 2.0% in the area during that time. The predominant age group in Russell Vale is 0-9 years. Households in Russell Vale are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Russell Vale work in a professional occupation. In 2011, 79.6% of the homes in Russell Vale were owner-occupied compared with 76.5% in 2016.

Russell Vale has 655 properties. Over the last 5 years, Houses in Russell Vale have seen a 63.50% increase in median value, while Units have seen a 36.29% increase. As at 31 October 2024:

  • The median value for Houses in Russell Vale is $1,337,414 while the median value for Units is $829,859.
  • Houses have a median rent of $880 while Units have a median rent of $595.
There are currently 1 property listed for sale, and no properties listed for rent in Russell vale on OnTheHouse. According to CoreLogic's data, 21 properties were sold in the past 12 months in Russell vale.

Suburb Insights for Russell Vale 2517

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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.