61 Ranchby AvenueLake Heights NSW 2502
Property Details for 61 Ranchby Ave, Lake Heights
61 Ranchby Ave, Lake Heights is a 6 bedroom, 4 bathroom House with 2 parking spaces and was built in 1970. The property has a land size of 1448m2 and floor size of 50m2. While the property is not currently for sale or for rent, it was last sold in July 2022.
Last Listing description (August 2022)
Very, very rarely does a property hit the market that is the ultimate Real Estate opportunity...
At 61 Ranchby Avenue, Lake Heights you have it all rolled into one! Set on 1,410 sqm (approx) of land you have R2 Zoning, a three bedroom house, two bedroom villa, 1 bedroom granny flat, double garage, plus off-street parking for 4+ vehicles. The choice is yours either move in with the big multi-generational family, secure a huge investment income stream or knock down and develop on the huge parcel of land (S.T.C.A.).
The Three Bedroom House features:
- Immaculate three-bedroom house with spacious formal living.
- Master suite with beautiful ensuite and built-in-wardrobes.
- Renovated kitchen and large dining room.
- Immaculately renovated master bathroom.
- Huge sunroom capturing water vistas.
- Split system air-conditioning, fireplace, solar panels, and double garage with workshop space.
- The current rental assessment for the house is $570 p/w.
The Two Bedroom Villa Features:
- Freestanding Villa style residence.
- Two bedrooms both with built-in-wardrobes.
- Open plan living combining living and dining areas.
- Immaculate kitchen with stainless steel appliances and dishwasher.
- Self-contained laundry with second toilet.
- Perfect for mature family members.
- Private courtyard and dual balconies.
- Currently returning $370 p/w.
- Updated Rental Assessment is $460 p/w.
The 'Granny Flat' Features:
- Open plan living incorporating kitchenette.
- Ensuite style bathroom with shower and toilet.
- Split system air-conditioning, private access ideal for independent family.
- Currently returning $270 p/w. + $100 p/q. for utilities.
- Updated rental appraisal at $360 p/w.
The Land Features:
- R2 Zoning.
- 1,410 sqm (approx) of land.
- Dimensions 15.24/14.68m x 98.32/95.79m.
Given the HUGE opportunity and scale of this property, we will be conducting private inspections with qualified buyers only. To register for your private inspection, contact Ben Frawley directly on 0425 329 700 today.
Property History for 61 Ranchby Ave, Lake Heights, NSW 2502
- 15 Jul 2022Sold for $1,500,000
- 22 Mar 2022Listed for Sale Offers Invited
- 20 Dec 2019Listed for Rent $350 / week
Recent sales nearby
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About Lake Heights 2502
The size of Lake Heights is approximately 1.6 square kilometres. It has 11 parks covering nearly 11.8% of total area. The population of Lake Heights in 2016 was 3845 people. By 2021 the population was 4105 showing a population growth of 6.8% in the area during that time. The predominant age group in Lake Heights is 30-39 years. Households in Lake Heights are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Lake Heights work in a trades occupation.In 2021, 68.30% of the homes in Lake Heights were owner-occupied compared with 69.80% in 2016.
Lake Heights has 1,873 properties. Over the last 5 years, Houses in Lake Heights have seen a 45.03% increase in median value, while Units have seen a 51.54% increase. As at 30 November 2025:
- The median value for Houses in Lake Heights is $868,206 while the median value for Units is $748,410.
- Houses have a median rent of $650 while Units have a median rent of $625.
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