86 Deakin Street, Oak Flats, NSW 2529 sold on 09 September 2026 | OnTheHouse
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Sold on 09 Sep 2026 for $952,000

86 Deakin Street
Oak Flats NSW 2529

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
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Property Details for 86 Deakin St, Oak Flats

86 Deakin St, Oak Flats is a 4 bedroom, 2 bathroom BlockOfUnits with 2 parking spaces. While the property is not currently for sale or for rent, it was last sold in September 2026. There are other 4 bedroom BlockOfUnits sold in Oak Flats in the last 12 months.

Building Type
BlockOfUnits

Last Listing description (September 2026)

Positioned on a substantial 822-sqm block with a wide frontage of over 18 metres, this is an outstanding opportunity for astute investors and developers. Offering potential scenic Lake Illawarra views and excellent future development potential (subject to council approval), the property comprises two self-contained two-bedroom units.

Situated just moments from Stockland Shellharbour Shopping Centre, cinemas, local public schools, sporting fields, and transport links, it is currently fully tenanted. The combined rental return of $860 per week. There is potential for a 10% increase at the beginning of 2027

Whether you choose to hold as a high-yielding investment or unlock its land value through future redevelopment (STCA), this property represents an incredible opportunity in Oak Flats.

Property Features
* Substantial 822-sqm block with an impressive frontage of over 18 metres
* Excellent future development potential with potential Lake Illawarra views (STCA)
* Dual-occupancy property featuring two self-contained, two-bedroom units
* Fully tenanted with a combined rental return of $860 per week
* Comfortable carpeted lounge and dining areas with open-plan layouts
* Outstanding location close to Stockland Shellharbour Shopping Centre, cinemas, public schools, sporting fields, and public transport

Approximate Figures
* Council Rates: $846 per quarter
* Water Rates: $202 per quarter plus usage - unit not separately metered
* Current Rent: $860 total combined rent per week
* Potential Rent $960 per week based on $480 for each unit
* The tenants organise their own electricity accounts

All Residential has made every effort to ensure the accuracy and thoroughness of the information provided in our marketing material, we do not guarantee the accuracy of the information provided by our vendors. Regarding the accuracy of the information provided, All Residential makes no statement, representation or warranty and assumes no legal liability to its accuracy. Interested parties should conduct their own due diligence. All marketing material, including but not limited to, maps, photographs, images, and other visuals are solely for marketing purposes.

Property History for 86 Deakin St, Oak Flats, NSW 2529

A timeline of how this property has performed in the market
Last Sold
$952,000
09 Sep 2026
Listed for Rent
$230/w
20 Aug 2013
  • 09 Sep 2026
    Sold for $952,000
  • 17 Aug 2026
    Listed for Sale Selling
  • 25 Jul 2013
    Listed for Rent - Price not available
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About Oak Flats 2529

The size of Oak Flats is approximately 3.7 square kilometres. There are 17 parks, covering nearly 11.9% of the total area. The population of Oak Flats in 2016 was 6415 people. By 2021 the population was 6840 showing a population growth of 6.6% in the area during that time. The predominant age group in Oak Flats is 60-69 years. Households in Oak Flats are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Oak Flats work in a trades occupation.In 2021, 73.70% of the homes in Oak Flats were owner-occupied compared with 75.80% in 2016.

Oak Flats has 3,620 properties. Over the last 5 years, Houses in Oak Flats have seen a 28.37% increase in median value, while Units have seen a 37.58% increase. As at 31 August 2026:

  • The median value for Houses in Oak Flats is $995,525 while the median value for Units is $784,903.
  • Houses have a median rent of $725 while Units have a median rent of $720.
There are currently 29 properties listed for sale, and 8 properties listed for rent in Oak flats on OnTheHouse. According to Cotality's data, 166 properties were sold in the past 12 months in Oak flats.

Suburb Insights for Oak Flats 2529

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Perry Beebe
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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.