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Investment Property Lake Illawarra, NSW, 2528

Suburb Snapshot

Lake Illawarra is a suburb in the Shellharbour Region of New South Wales. Lake Illawarra has a population of 3,162 people and 41.61% of its occupants live in rental accommodation. The median listing price for houses is $850,000 and this has changed 3.65% over the past year and changed 7.59% over 2 years.

The median rent in Lake Illawarra for houses is $600 per week and the median rental yield is 3.67%. Stock on the market for houses/townhouses has changed -15.79% compared to last year and the average time to sell a house/townhouse is 57 days.The median listing price for units is $562,500 and this has changed 6.33% over the past year. The average unit takes 60 days to sell and the median rent for a unit in Lake Illawarra is $470 per week, producing a rental yield of 4.34%.

Supply & Demand in Lake Illawarra, Shellharbour

1.24%

Current vacancy rate


24

Rental stock available


3,162

Population


41.61%

Rental population


0.64%

Current vacancy rate


229

Rental stock available


68,456

Population


24.22%

Rental population


1.02%

Current vacancy rate


37,155

Rental stock available


7,480,223

Population


27.79%

Rental population


This is information is brought to you by realestateinvestar.com.au - The online home for property investors

Statistical data for Lake Illawarra, Shellharbour

  House Townhouses Units
Median listing price $850,000 $749,500 $562,500
Median price change - last quarter 0.05% 0.13% 2.27%
Median price change - 1 year 3.65% 0.67% 6.33%
Median price change - 2 years 7.59% 8.62% 12.61%
  House Townhouses Units
Median weekly rent $600 $650 $470
Median yield % 3.67% 4.50% 4.34%
Median rent change - 1 year 7.14% 12.06% 6.81%
  House Units
Previous month sales 5 0
Stock on market previous month 16 1
Stock variance vs. last year -15.79% -75.00%
Average days on market 57 60

Lake Illawarra investment property listings

Showing 5 of 27 investment properties found in Lake Illawarra on realestateinvestar.com.au

67A Addison Ave, Lake Illawarra

$1,250,000

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Executive Living Near the Lake

Positioned in Lake Illawarra just moments from the water, this exceptional residence presents a standout opportunity for executive family living. Located approximately 300 metres from the shores of Lake Illawarra and only minutes to Warilla Beach and the foreshore precinct, the home delivers an ...

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House

NSW 2528


4/11 Reddall Pde, Lake Illawarra

$1,175,000

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Effortless Lakeside Living in a Designer Townhouse

Quietly positioned in a tightly held boutique complex of just four, 4/11 Reddall Parade is a townhouse that truly defies expectations. From the street, its modest façade gives little away, yet step inside and you are immediately met with a completely transformed interior that feels ...

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Townhouse

NSW 2528


4/46-48 Peterborough Ave, Lake Illawarra

$649,000

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Peaceful Lakeside Living in a Quiet Complex

A charming and low-maintenance residence perfectly positioned for relaxed coastal living. This well-presented 2-bedroom, 1-bathroom home offers comfort, convenience, and an easy lifestyle in a quiet, well-kept complex. Ideal for first home buyers, downsizers, or investors, the property features a ...

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Unit

NSW 2528


2/39 Reddall Pde, Lake Illawarra

$725,000

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Updated Single Level Villa in a Prime Lakeside Setting

Breathtaking lake views, a beautifully updated interior and an unbeatable lifestyle address combine in this impressive lakeside unit, delivering an outstanding opportunity for first home buyers, downsizers and investors alike. Perfectly positioned in a sought-after waterfront setting, this ...

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Unit

NSW 2528


48 Addison Ave, Lake Illawarra

$1,500,000

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Endless Potential on 1,055sqm in a Prime Coastal Pocket

Set on a substantial 1,055.9sqm (approx.) parcel, this versatile property presents an exceptional opportunity for families, investors, and developers alike. Positioned in one of Lake Illawarra's most convenient and lifestyle-driven locations, the possibilities here are as impressive as the land ...

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NSW 2528


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