5 Waratah Ave, Lake Grace is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1980. The property has a land size of 809m2 and floor size of 119m2. While the property is not currently for sale or for rent, it was last sold in May 2022.
SUBSTANTIAL HOME
5 WARATAH AVENUE IS A SUBSTANTIAL BRICK AND IRON RESIDENCE IN EXCELLENT CONDITION HAVING 3 ROOMY BEDROOMS ALL WITH WALK IN ROBES. THE GOOD SIZED KITCHEN WITH A WALK IN PANTRY ADJOINS THE DINING ROOM WHICH IS HEATED BY A TILE FIRE. THE LARGE AIR - CONDITIONED FORMAL LOUNGE CONNECTS TO THE FAMILY ROOM WHICH IN TURN PROVIDES ACCESS TO THE PATIO AREA AND REAR YARD. A BIG LAUNDRY / IRONING ROOM ALSO HOUSES A SECOND TOILET. THERE IS AMPLE CUPBOARD AND STORAGE AREAS IN THE HOUSE. CONNECTED TO THE REAR OF THE HOUSE IS A RAINWATER TANK AND IN THE REAR YARD ARE 2 METAL GARDEN SHEDS. AT THE FRONT IS A DOUBLE CARPORT WHICH ALSO HOUSES A BUILT IN STORAGE AREA. HOT WATER IS PROVIDED BY LPG GAS. THE PROPERTY IS CONNECTED TO DEEP SEWERAGE. THIS WELL ESTABLISHED HOME PROVIDES A UNIQUE OPPORTUNITY FOR A FAMILY OR EVEN FIRST HOME BUYERS TO ACQUIRE A QUALITY HOME.
The size of Lake Grace is approximately 96.2 square kilometres. There are 5 parks, covering nearly 1.1% of the total area. The population of Lake Grace in 2016 was 548 people. By 2021 the population was 523 showing a population decline of 4.6% in the area during that time. The predominant age group in Lake Grace is 0-9 years. Households in Lake Grace are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Lake Grace work in a managers occupation.In 2021, 63.20% of the homes in Lake Grace were owner-occupied compared with 61.10% in 2016.
Lake Grace has 468 properties. Over the last 5 years, Houses in Lake Grace have seen a 108.43% increase in median value, while Units have seen a 9.88% increase. As at 31 July 2026:
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