55 Lake Avenue

Cringila NSW 2502

1471 m²

House

Last sold for $655,000

Leanne Brailey, last sold this property on 20 June 2025 after 30 days on market.

Overview

SOLD AT AUCTION

Calling all investors and renovators! This charming original home, nestled on a substantial 1470m² block in Cringila, is a blank canvas ready for your personal touch. Conveniently located near artillery roads, it offers easy access to the CBD, as well as northbound routes to Sydney and southbound to Shellharbour. With plenty of potential to add value, this property is perfect for those looking to capitalize on its generous land. Inside, you'll find three bedrooms with BIR's, alongside a refurbished kitchen and a neat bathroom that maintains the home's original character from its 1950s construction. The standout feature is the custom-built soundproof studio, ideal for musicians, podcasters, or a home office/theatre. This property caters to astute investors and first-time home buyers alike. With a little creativity, you can transform it into your dream home. Bring your paintbrush and gardening tools to unleash its full potential! Situated within easy reach of Cringila Community Park and the favoured Cringila Hills playground. Daily errands are a breeze with essential amenities nearby, and Wollongong CBD, along with its stunning beaches, is just a short drive away, providing a vibrant escape. This is an opportunity not to be missed! Key Features- - Three Bedrooms: Spacious with BIR's and natural sunlight - Music Room: Fully renovated and dedicated space for music/podcast or theatre room. - Two Bathrooms: Servicing the household. - Spacious Land Size: Approximately 1470m2, providing ample outdoor space development opportunities (STCA). - Covered Garage: Providing convenient off-street parking. - School Catchment: Within the Cringila Public School and Warrawong High School catchments. Disclaimer: Whilst every effort has been made to ensure the accuracy and thoroughness of the information provided to you, we cannot guarantee the accuracy of the information provided by our vendors, and as such, First National Wollongong makes no statement, representation or warranty, and assumes no legal liability in relation to the accuracy of the information provided. Interested parties should conduct their own due diligence in relation to each property they are considering purchasing. All photographs, maps and images are representative only, for marketing purposes.

Features

3 bedrooms

2 bathrooms

2 carspaces

1 carport space

1 garage space

1471 m² lot size

House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Cringila over the last 12 months, the estimated median property value of 55 Lake Avenue is $780k.

Median value

$780k

Estimated value range

$655k - $955k

Median days on market

Estimated value trend

11%

increase over the last 12 months

Average days on market is based on recent, comparable sales in Cringila. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 55 Lake Avenue

2026

Rented

Undisclosed

Leased on 26 Jan 2026 by First National Wollongong

2025

Sold

$655,000

20 Jun 2025 by Leanne Brailey, of First National Wollongong

Happy sellers in Cringila

We have insufficient information to provide an overview of customer satisfaction for Cringila. Viewing the agent profiles, reviews and sales for Cringila can provide insights for this location.