5 Lake Entrance Rd, Warilla is a 4 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1990. The property has a land size of 477m2 and floor size of 132m2. While the property is not currently for sale or for rent, it was last sold in March 2019.
Here is a great opportunity to acquire 2 x two bedroom homes situated in the heart of Warilla. Both units feature updated kitchens, polished floorboards, internal laundries, reverse cycle air conditioning, good sized bedrooms and great tenants. Sitting on approximately 588m2 level block and currently bringing in a combined rental return of approximately $33,000 per annum, this is your chance to secure a healthy investment. Conveniently located to enjoy a short walk to the shops and cafes on George Street not to mention both the Olympic Pool and the patrolled beaches of Warilla with a bus stop just steps away to enjoy the ease of public transport.
The size of Warilla is approximately 2.6 square kilometres. It has 19 parks covering nearly 10.9% of total area. The population of Warilla in 2011 was 6,407 people. By 2016 the population was 6,435 showing a population growth of 0.4% in the area during that time. The predominant age group in Warilla is 50-59 years. Households in Warilla are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Warilla work in a trades occupation. In 2011, 56.4% of the homes in Warilla were owner-occupied compared with 54.8% in 2016.
Warilla has 2,935 properties. Over the last 5 years, Houses in Warilla have seen a 74.24% increase in median value, while Units have seen a 40.16% increase. As at 31 October 2024:
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