124 Lake Avenue, Cringila, NSW 2502 | Property Value & History | OnTheHouse
FOR SALE

124 Lake Avenue
Cringila NSW 2502

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 94m2
Land area: 751m2
This property is currently on the market
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Property Details for 124 Lake Ave, Cringila

124 Lake Ave, Cringila is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1960. The property has a land size of 751m2 and floor size of 94m2.This Property is currently listed for sale with The Agency Wollongong

Building Type
House
Year Built
1960
Floor Size
94m2
Land Size
751m2
Local Government
Wollongong
Lot/Plan
356/DP15952

Last Listing description (May 2026)

Set on an impressive 62m deep block, this is a property that offers far more than just a place to live. With established fruit trees, a full-length driveway running deep into the site, and a U-turn bay already in place, the rear of the block opens the door to exciting future potential, including space to explore a granny flat addition (STCA).

The home itself is something truly different.

From the moment you step inside, it feels less like a standard residence and more like a carefully curated boutique stay. Rich in character, the home showcases high ornate ceilings, hand-painted Art Deco features, and a level of personality rarely found in today's market. It is a home with atmosphere, charm and a sense of theatre.

Offering three bedrooms, one of the standout features is the bedroom with French doors opening onto a covered deck, creating a beautiful connection between indoors and out. Adding to its distinct presence, the home is watched over by gargoyles, giving the property a bold and unforgettable identity.

This is the kind of home that will speak to buyers looking for something with heart, creativity and flexibility.

Positioned in Cringila, a suburb many believe stands to benefit from the flow-on effects of the Port Kembla Master Plan, this property also presents an opportunity for buyers thinking beyond the home itself. With the rear access and depth of land, there is scope to consider dual-income potential in the future, and the possibility of appealing to corporate or contractor-style accommodation demand during major construction phases associated with the broader Port Kembla precinct (STCA).

A rare mix of character, land size and future upside 124 Lake Avenue, Cringila is a home that will charm, inspire and reward the right buyer.

Property History for 124 Lake Ave, Cringila, NSW 2502

A timeline of how this property has performed in the market
Last Sold
$190,000
24 Feb 2004
  • 28 Apr 2026
    Listed for Sale Price Guide | $920,000
  • 24 Feb 2004
    Sold for $190,000
  • 05 May 1989
    Sold for $69,000
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About Cringila 2502

The size of Cringila is approximately 1.8 square kilometres. It has 5 parks covering nearly 6.2% of total area. The population of Cringila in 2016 was 2198 people. By 2021 the population was 2156 showing a population decline of 1.9% in the area during that time. The predominant age group in Cringila is 20-29 years. Households in Cringila are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Cringila work in a labourer occupation.In 2021, 70.40% of the homes in Cringila were owner-occupied compared with 68.50% in 2016.

Cringila has 871 properties. Over the last 5 years, Houses in Cringila have seen a 49.73% increase in median value, while Units have seen a 48.98% increase. As at 30 April 2026:

  • The median value for Houses in Cringila is $823,080 while the median value for Units is $645,204.
  • Houses have a median rent of $580 while Units have a median rent of $550.
There are currently 6 properties listed for sale, and 4 properties listed for rent in Cringila on OnTheHouse. According to Cotality's data, 39 properties were sold in the past 12 months in Cringila.

Suburb Insights for Cringila 2502

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Cotality Copyright and Legal Disclaimers about Property Data
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.