55 Drake Avenue, Caringbah, NSW 2229 sold on 08 February 2025 | OnTheHouse
SOLD
Sold on 08 Feb 2025 for $1,805,000

55 Drake Avenue
Caringbah NSW 2229

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Land area: 575m2
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Property Details for 55 Drake Ave, Caringbah

55 Drake Ave, Caringbah is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 575m2. While the property is not currently for sale or for rent, it was last sold in February 2025. There are other 3 bedroom House sold in Caringbah in the last 12 months.

Building Type
House
Land Size
575m2

Last Listing description (February 2025)

Set on a generous block in a highly desirable location, 55 Drake Avenue offers exceptional potential for those looking to renovate the existing home or embark on a development project (Subject To Council Approval). Whether you’re a renovator, builder, or investor, this property is a blank canvas ready for transformation.

- Original Home: A solid foundation with classic features, perfect for a creative renovation.
- Generous Block: Set on 575 square metres

- Ample space for extensions, landscaping, or redevelopment opportunities (Subject To Council Approval).
- Zoning R2 Low Density Residential
- Prime Location: Moments to local schools, parks, Caringbah shops, and transport.
- Family-Friendly Setting: Quiet, leafy street surrounded by quality homes.

Unlock the potential of this rare opportunity to add value and create your dream home or investment.

The possibilities are endless!

Property History for 55 Drake Ave, Caringbah, NSW 2229

A timeline of how this property has performed in the market
Last Sold
$1,805,000
08 Feb 2025
  • 08 Feb 2025
    Sold for $1,805,000
  • 17 Jan 2025
    Listed for Sale ONE MORE SOLD BY ONE AGENCY THE SHIRE
  • 21 Jun 1978
    Sold for $43,000
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About Caringbah 2229

The size of Caringbah is approximately 5.0 square kilometres. It has 18 parks covering nearly 4.0% of total area. The population of Caringbah in 2016 was 11658 people. By 2021 the population was 12575 showing a population growth of 7.9% in the area during that time. The predominant age group in Caringbah is 30-39 years. Households in Caringbah are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Caringbah work in a professional occupation.In 2021, 60.00% of the homes in Caringbah were owner-occupied compared with 59.90% in 2016.

Caringbah has 8,638 properties. Over the last 5 years, Houses in Caringbah have seen a 50.88% increase in median value, while Units have seen a 37.48% increase. As at 30 November 2025:

  • The median value for Houses in Caringbah is $1,990,376 while the median value for Units is $967,866.
  • Houses have a median rent of $780 while Units have a median rent of $680.
There are currently 20 properties listed for sale, and 25 properties listed for rent in Caringbah on OnTheHouse. According to Cotality's data, 448 properties were sold in the past 12 months in Caringbah.

Suburb Insights for Caringbah 2229

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Adam Wylie
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Belinda Latta
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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.