82 Lake Avenue,
Cringila NSW 2502

About Berkeley - Lake Heights - Cringila

With an average age of 38, households expect an average monthly mortgage payment of $1,333 or a weekly rent payment of $350. The average family earns a weekly income of $1,204 with a typical household size of 2.8 and a 97.1% employment rate.

In Cringila there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Low average incomes in Cringila is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. Low average earnings from people in Cringila leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. Lower than average industry presence in Cringila we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Cringila a better buying opportunity than it may have been in the past.

Public Transport

Unanderra Wollongong North Wollongong Lysaghts Coniston Cringila Port Kembla Port Kembla North Dapto Kembla Grange

General Points of Interest

Vietnam War Memorial Snake Pit Basket Ball Stadium Multi-Purpose Unit Berkeley Sports & Social Berkeley Sports & Social Lawrence Hargrave Memorial (UOW art collection) Skydive the Beach Sydney Wollongong Kembla Grange Race Course Westfield Warrawong Nan Tien Gratitude Bell Lysaght's Rec Club

Population

(Country of Birth not stated 3%)

Are people healthy?

Local Crime Rates

Incidents Trend State Average

Local Schools

• School Catchments

  Cringila PS Warrawong HS

• Kemblawarra Public School

  Port Kembla, NSW, 2505 State P-6

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• Berkeley Public School

  Berkeley, NSW, 2506 State K-6

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• Lake Heights Public School

  Lake Heights, NSW, 2502 State K-6

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• St Patrick's Catholic Primary School

  Port Kembla, NSW, 2505 Independent K-6

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• Cringila Public School

  Cringila, NSW, 2502 State K-6

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• Warrawong Public School

  Warrawong, NSW, 2502 State K-6

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• St Francis of Assisi Catholic Primary School

  Warrawong, NSW, 2502 Independent K-6

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• Illawarra Sports High School

  Berkeley, NSW, 2506 State 7-12

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• Warrawong High School

  Warrawong, NSW, 2502 State 7-12

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• Berkeley West Public School

  Berkeley, NSW, 2506 State K-6

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Property Story

Local Developments

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• 134 Acme Avenue Street, Town, State

  Description - Details the application. Type and other information pertaining to the development application and more...

  Authority Reference: UX0909823-GOV Website