Back 80 Parkes Street
Off Market

80 Parkes Street

Oak Flats NSW 2529

5
2
2
695 m²
House
Last sold for $1,100,000
Amanda BonniciAmanda Bonnici, last sold this property on 12 February 2026 after 122 days on market.

Overview

Two Freestanding Homes in Prime Oak Flats Location!

A rare dual-income opportunity awaits at 80 Parkes Street, Oak Flats, now showcasing a fully renovated front residence alongside a modern two-bedroom granny flat, with a projected combined rental return of $1100 per week. Perfectly positioned just minutes from Lake Illawarra, quality schools, Oak Flats Village, the train station, and a short drive to Stockland Shellharbour and pristine beaches, this property offers the ultimate balance of lifestyle and investment. Set on a generous 695sqm (approx.) parcel of land, the property presents exceptional versatility. Investors will appreciate the strong dual-income stream, while owner-occupiers may value the opportunity to run a home-based business, with the granny flat easily adaptable into a salon, office, or guest accommodation. The property features: • Renovated front home with three bedrooms, engineered timber flooring, spacious lounge, sleek modern kitchen, stylish new bathroom, alfresco entertaining and level yard • Secondary dwelling offering two bedrooms, open-plan living, neat kitchen and bathroom, shed, carport, and private yard • Excellent development potential (STCA) • Only 350m to the foreshore of Lake Illawarra With tenants already in place and happy to remain, this is a secure and high-performing asset in one of the Illawarra's most sought-after suburbs. Whether you're expanding your investment portfolio, securing a property for your super fund, or seeking dual-living flexibility, opportunities of this calibre are rare. Contact Amanda Bonnici 0457 088 911 for further details.

Features

5 bedrooms
2 bathrooms
2 carspaces
2 open car spaces
695 m² lot size
House

Estimated Value

Based on this property and similar 5 bedroom houses sold in Oak Flats over the last 12 months, the estimated median property value of 80 Parkes Street is $1.3m.

Median value
$1.3m
Estimated value range
$1.1m - $1.9m
Median days on market
31
Estimated value trend
-38%
decrease 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 80 Parkes Street

2026
Rented
Undisclosed
Leased on 26 Mar 2026 by Ray White Shellharbour City
2026
Sold
$1,100,000
12 Feb 2026 by Amanda Bonnici, of Ray White Shellharbour City
2022
Rented
Undisclosed
Leased on 16 Jun 2022 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 5 bedroom houses in Oak Flats

In the last 12 months, 6 five-bedroom houses similar to 80 Parkes Street, have been sold.

This represents a 600% decrease in five-bedroom houses sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Oak Flats

or
Skip the list and find your ideal agent to sell your propertyFind My Agent
© 2026 RateMyAgent