Back 77 Parkes Street
Off Market

77 Parkes Street

Oak Flats NSW 2529

3
1
1
697 m²
House
Last sold for $1,040,000
Josh KingJosh King, last sold this property on 19 May 2025 after 56 days on market.

Overview

Prime Development Opportunity in Oak Flats!

Another SOLD by Right Choice, make us your choice... 697m² Flat Block with DA Approval for 3 Townhouses! An incredible opportunity awaits with this perfectly positioned property, offering both immediate rental income and exceptional future development potential. Whether you're an investor, builder, or developer, this site provides a rare chance to capitalise on a premium location. Key Features: - DA approved for 3 townhouses – Save time and costs with approvals already in place - Flat 697m² block – Ideal for an easy build with minimal site preparation - Existing 3-bedroom home – Currently leased for $750 per week, providing immediate cash flow - Walking distance to Lake Illawarra’s scenic foreshore and Oak Flats town centre - Close to Oak Flats Train Station, major shopping centres, schools and transport links - Strong rental demand & capital growth potential - Develop now, land bank for the future, or renovate the existing home This is an unmissable opportunity in a high-growth suburb, offering lifestyle and convenience in one of the Illawarra’s most sought-after locations. Secure this exceptional investment or development opportunity today! ***Available 7 Days by Appointment*** - For more detailed information please call the Sales Team at Right Choice Real Estate

Features

3 bedrooms
1 bathroom
1 carspace
1 garage space
697 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Oak Flats over the last 12 months, the estimated median property value of 77 Parkes Street is $956.5k.

Median value
$956.5k
Estimated value range
$810k - $1.6m
Median days on market
22
Estimated value trend
13%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Oak Flats. 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 77 Parkes Street

2025
Rented
Undisclosed
Leased on 08 Dec 2025 by Right Choice Real Estate
2025
Sold
$1,040,000
19 May 2025 by Josh King, of Right Choice Real Estate
2024
Rented
Undisclosed
Leased on 11 Oct 2024 by Right Choice Real Estate

Happy sellers in Oak Flats

73%
73% of sellers in Oak Flats reported that their sale price either exceeded or met their price expectations.

Oak Flats stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 8 reviews in Oak Flats over the last 12 months.

Local market activity for 3 bedroom houses in Oak Flats

In the last 12 months, 40 three-bedroom houses similar to 77 Parkes Street, have been sold.

This represents a 26% increase in three-bedroom houses sales when compared to the previous 12 months.

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