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80 PARKES STREET, Oak Flats NSW 2529

80 PARKES STREET, Oak Flats NSW 2529

1 / 17

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For sale

Price Guide $1,250,000

80 PARKES STREET, Oak Flats, NSW 2529

5

2

695m²

0m²

house

Property Description

Listed on 13 Oct 2025

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.

Median house price trends

Comparing the price trend of houses in Oak Flats against the state of New South Wales over the last 4 years. Source: CoreLogic

Comparable properties

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Market activity

A snapshot of how quickly properties are selling in the area and how many are currently available.

30 Days

House median days on market

42 Days

Unit median days on market

142 Properties

Sold in last 12 months

21 Properties

Available in the last month

Oak Flats residents

Key characteristics of the residents in the area, view the full breakdown of the suburb here.

60+

Is the most common age range

Outright Owners

Most common occupant type

Families

Most common household profile

Community and Personal Service Workers

Most common occupation

Detached Houses

Most common property type

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Nearby education

Schooling and educational options in the area, for all ages.

Balarang Public School

K - Yr 6

Government

Oak Flats Public School

K - Yr 6

Government

Get a wider view

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Oak Flats

View the suburb data

Shellharbour

View the council data

New South Wales

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Explore surrounding suburbs

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Median House: $789,075

Median Unit: $725,550

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Median House: $1,067,821

Median Unit: $743,825

Median House: $1,710,389

Median Unit: N/A

Median House: $814,702

Median Unit: $733,528

Median House: $948,555

Median Unit: $749,357

Ray White Shellharbour City

Inde Bonnici

Ray White Shellharbour City

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