62 Barina AvenueLake Heights NSW 2502
Property Details for 62 Barina Ave, Lake Heights
62 Barina Ave, Lake Heights is a 4 bedroom, 3 bathroom House with 3 parking spaces and was built in 1980. The property has a land size of 543m2 and floor size of 214m2. While the property is not currently for sale or for rent, it was last sold in November 2019.
Last Listing description (November 2019)
This is a great investment opportunity. Subject to Council approval there is the possibility of converting this home into two separate units with the potential to increase your rental return.Some of the homes features include;- Potential to be a 3 bedroom home with an attached 1 or 2 bedroom flat at the rear.- Currently rented at $560 per week with a long lease in place till July next year.- Low maintenance brick and tile home.- Perfectly located - nearby schools, approximately only 5 minutes to major shopping centre, restaurants, movie theatres and medical facilities.- The 556m2 approx block is on the high side of the street overlooking a park. - Less than 4 min to lake Illawarra. Port Kembla beach is approximately only 10 minutes away, which is an added attraction for tenants.Come and have a look at a solid investment in a very convenient Illawarra location. An excellent property for your consideration.
Property History for 62 Barina Ave, Lake Heights, NSW 2502
- 18 Nov 2019Sold for $630,000
- 18 Oct 2019Listed for Sale $630,000 - $665,000
- 03 May 2017Listed for Rent $550 / week
Recent sales nearby
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About Lake Heights 2502
The size of Lake Heights is approximately 1.6 square kilometres. There are 11 parks, covering nearly 11.8% of the 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 0-9 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 1,888 properties. Over the last 5 years, Houses in Lake Heights have seen a 27.08% increase in median value, while Units have seen a 25.42% increase. As at 30 September 2026:
- The median value for Houses in Lake Heights is $889,648 while the median value for Units is $715,695.
- Houses have a median rent of $680 while Units have a median rent of $565.
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