70-74 Lake Avenue, Cringila, NSW 2502 | Property Value & History | OnTheHouse
 
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70-74 Lake Avenue
Cringila NSW 2502

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Bathrooms: -
Car spaces: -
Land area: 2210m2
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Last updated 3 Nov 2025
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Property Details for Lot 41/70-74 Lake Ave, Cringila

Building Type
Land
Land Size
2210m2
Local Government
Wollongong

Last Listing description (November 2025)

Dyvine Property @realty proudly presents an outstanding opportunity to acquire a significant development site in a rapidly growing part of the Illawarra region.

Set on approx. 2,210m of land, this site offers immense potential for future development, with a Development Application lodged for a 100-place childcare centre plus upper-level space designed for Specialist Disability Accommodation (SDA) or a disability day program (STCA).

Perfectly positioned within minutes of local schools, Cringilas shopping precinct, public transport, and just a 7-minute drive to Wollongong CBD and beaches, this location offers strong long-term growth prospects and community demand.

Features:
- Large 2,210m (approx.) site
- R2 Low Density Residential zoning
- DA lodged for a childcare centre + disability support space (approval pending)
- Versatile development potential (STCA)
- Minutes to shops, schools, and public transport
- Short drive to Wollongong CBD and beaches
- Excellent opportunity in a sector backed by ongoing government support
- Ideal for developers, childcare operators, and NDIS service providers

This is a rare chance to secure a well-located, high-potential site in an area undergoing transformation. Whether youre looking to expand your childcare portfolio, invest in disability housing, or explore residential options (STCA), this property offers outstanding potential.

Contact Vicky for more details or to request a copy of the proposed plans.

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Property History for Lot 41/70-74 Lake Ave, Cringila, NSW 2502

A timeline of how this property has performed in the market
  • 22 Oct 2025
    Listed for Sale Contact Agent
  • 15 Dec 2022
    Listed for Sale Contact Agent
  • 25 Jan 2022
    Listed for Sale Price Guide $840,000
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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 872 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, 30 properties were sold in the past 12 months in Cringila.

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Cotality Copyright and Legal Disclaimers about Property Data

© 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.

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.

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