31 Lake Avenue, Cringila, NSW 2502 | Property Value & History | OnTheHouse
 
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31 Lake Avenue
Cringila NSW 2502

Bedrooms: -
Bathrooms: 1
Car spaces: 4
Land area: 550m2
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Property Details for 31 Lake Ave, Cringila

Building Type
Commercial
Land Size
550m2
Local Government
Wollongong
Lot/Plan
112/DP16051

Last Listing description (August 2013)

Now Sold!
Presenting a commercial investment opportunity with a solid key tenant and long lease with options. Currently showing a 9% gross return on investment, this may be a suitable, stable investment, ideal for the self managed superfund.
Features include:

- Lease until 2018 with a 5 + 5 year option.
- Tenant pays $36,000 per annum + all outgoings.
- Positioned in a high traffic area with great exposure.
- Modern fit-out.
- Commercial shop front with rear two bedroom house with carport and double garage.
For an inspection and a copy of the lease please contact Adrian on 0402224559 or email at adriand@dougmal.com.au

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Property History for 31 Lake Ave, Cringila, NSW 2502

A timeline of how this property has performed in the market
Last Sold
$385,000
12 Jun 2013
  • 12 Jun 2013
    Sold for $385,000
  • 06 May 2013
    Listed for Sale 400000
  • 06 Mar 2008
    Sold for $300,000
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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 57.94% increase in median value, while Units have seen a 66.65% increase. As at 30 November 2025:

  • The median value for Houses in Cringila is $780,331 while the median value for Units is $664,674.
  • Houses have a median rent of $565 while Units have a median rent of $570.
There are currently 3 properties listed for sale, and 3 properties listed for rent in Cringila on OnTheHouse. According to Cotality's data, 32 properties were sold in the past 12 months in Cringila.

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© Copyright 2025. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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