30 Burke WayBerkeley NSW 2506
Property Details for 30 Burke Way, Berkeley
30 Burke Way, Berkeley is a 1 bedroom, 16 bathroom House with 12 parking spaces. The property has a land size of 1931m2. While the property is not currently for sale or for rent, it was last sold in December 2021.
Last Listing description (December 2021)
A rare opportunity presents for astute investors looking to value add their investment portfolio or self-managed superfund with this established residential block that incorporates a mix of 16 one bedroom and/or bed-sits flats - all minutes’ walk to local community shops, clubs, council pool, schools and Tuggerah Bay boat ramp, Lake Illawarra.
With a projected gross annual rent of approximately $155,000pa*, the block comprises two separate full brick buildings for a total building area of 575sqm over two combined lots totalling 1948sqm - WCC Zoning R2 Low Density Residential.
Considerable scope exists to further develop the site and/or maximise rental returns with timely refurbishments when they fall due and/or the construction of additional further dwellings or similar.
For further details and inspection please call David Meikle direct on 0412 422 294
WCC Rates $7500pa | Water $11,500pa | Land Size 1948 sqm | Zoning R2 - Low Density Residential
* - projected rent income on newly completed 12 month leases based on mostly 6 monthly turnkey rental increases.
Property History for 30 Burke Way, Berkeley, NSW 2506
- 17 Dec 2021Sold for $3,250,000
- 16 Nov 2021Listed for Rent $240 / week
- 05 Nov 2021Listed for Sale Sold - $3,250,000
Recent sales nearby
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About Berkeley 2506
The size of Berkeley is approximately 7.2 square kilometres. It has 18 parks covering nearly 20.4% of total area. The population of Berkeley in 2016 was 7605 people. By 2021 the population was 7798 showing a population growth of 2.5% in the area during that time. The predominant age group in Berkeley is 50-59 years. Households in Berkeley are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Berkeley work in a trades occupation.In 2021, 58.60% of the homes in Berkeley were owner-occupied compared with 59.30% in 2016.
Berkeley has 3,622 properties. Over the last 5 years, Houses in Berkeley have seen a 55.60% increase in median value, while Units have seen a 47.52% increase. As at 30 November 2025:
- The median value for Houses in Berkeley is $794,477 while the median value for Units is $750,621.
- Houses have a median rent of $625 while Units have a median rent of $550.
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