Lake Illawarra
NSW, 2528
-
Shellharbour
Thinking about buying in Lake Illawarra? Now could not be a better time, with 2334 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $762,000 with prices in this suburb ranging from $18,000 to $3,468,000. Lake Illawarra is located very near to the coast so expect stunning views of the ocean and access to beaches. Demand is likely to be very strong in this location which will support higher prices
Household Makeup
| Median Weekly Rent | $322.50 |
| Median Monthly Mortgage | $1758.50 |
| Median Persons Per Bedroom | 0.78 |
| Average Household Size | 2.00 |
| Average Age | 42.50 |
| Average Income | $613.75 |
| Average Cars Per Dwelling | 1.60 |
| Average Properties Within 50M | 22 |
Housing Stock
Average Property Prices
| 1 Bed $818,000 |
| 2 Bed $624,000 |
| 3 Bed $869,000 |
| 4 Bed $951,000 |
| 5 Bed $1,251,000 |
| 6 Bed+$1,440,000 |
Lake Illawarra Real Estate Market Outlook
In Lake Illawarra 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 Lake Illawarra 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. The slightly lower than average earnings from occupations in Lake Illawarra changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Lower than average population density constrains growth in Lake Illawarra to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. Lower than average industry presence in Lake Illawarra 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 Lake Illawarra a better buying opportunity than it may have been in the past.
Houses for sale Lake Illawarra
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UNIT 5, 8 PETERBOROUGH AV, LAKE ILLAWARRA, NSW, 2528 |  3 |
 1 |
 1 |
$575,000 |
Local Schools
Lake Illawarra High School
Lake Illawarra South Public School
Warilla North Public School
Windang Public School
Peterborough School
Warilla Public School
Mount Warrigal Public School
Barrack Heights Public School
(While the above schools are located with the suburb of Lake Illawarra there may also be nearby schools whose catchments cover this suburb)Local Crime Rate
Incidents Trend State Average
Lake Illawarra weather - Average Local Climate by month
| (mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
|---|---|---|---|---|---|---|---|
| Jan | 3.6 | 17.6 | 26.7 | 58.6 | 97.6 | 3.6 | 19.8 |
| Feb | 7.6 | 18.0 | 25.6 | 62.8 | 97.6 | 3.6 | 17.0 |
| Mar | 5.2 | 15.6 | 24.6 | 58.2 | 97.5 | 3.4 | 14.2 |
| Apr | 1.0 | 11.2 | 23.5 | 48.4 | 97.2 | 3.2 | 13.2 |
| May | 3.8 | 9.4 | 20.1 | 50.8 | 92.6 | 3.9 | 10.0 |
| Jun | 0.9 | 8.2 | 18.2 | 52 | 91.7 | 3.9 | 9.7 |
| Jul | 6.2 | 7.4 | 17.9 | 53.5 | 94.8 | 4.1 | 9.9 |
| Aug | 4.1 | 7.0 | 19.0 | 42.5 | 89.4 | 4.6 | 12.8 |
| Sept | 0.9 | 9.0 | 21.6 | 43.4 | 93.9 | 4.1 | 16.5 |
| Oct | 3.7 | 12.2 | 22.9 | 54 | 96.6 | 3.6 | 17.6 |
| Nov | 1.2 | 13.2 | 25.8 | 47.3 | 96 | 4.2 | 22.9 |
| Dec | 2.4 | 16.3 | 24.7 | 57.5 | 96 | 4 | 18 |
source: Australian Government Bureau of Meteorology
Recently Sold Properties / House Prices
| 07-11-2024 | $872,000 | 17 KOTARI PDE |
| 01-11-2024 | $660,000 | 8 / 27 REDDALL PDE |
| 30-10-2024 | $200,000 | 1 BEATON ST |
| 30-10-2024 | $910,000 | 178 PUR PUR AVE |
| 11-10-2024 | $600,000 | 7 / 3 COMMERCE DR |
| 11-10-2024 | $1,350,000 | 33 VIEW ST |
| 11-10-2024 | $760,000 | 1 / 18 ADDISON AVE |
| 04-10-2024 | $660,000 | 1 / 39 REDDALL PDE |
| 02-10-2024 | $650,000 | 9 / 30 PETERBOROUGH AVE |
| 25-09-2024 | $820,000 | 76 ADDISON AVE |
| 24-09-2024 | $900,000 | 99 REDDALL PDE |
| 16-09-2024 | $615,250 | 6 / 9 GROVE CCT |
| 11-09-2024 | $739,000 | 3 / 81 REDDALL PDE |
| 06-09-2024 | $781,000 | 43 GIRRAWEEN AVE |
| 27-08-2024 | $535,000 | 6 / 46 PETERBOROUGH AVE |
| 26-08-2024 | $1,700,000 | 34 PUR PUR AVE |
| 09-08-2024 | $980,000 | 13 ADDISON AVE |
| 01-08-2024 | $730,000 | 2 / 54 PUR PUR AVE |
| 26-07-2024 | $474,000 | 1 / 7 WINDLE ST |
| 24-07-2024 | $650,000 | 2 / 30 KING ST |
| 17-07-2024 | $515,000 | 3 / 11 PETERBOROUGH AVE |
| 10-07-2024 | $855,000 | 9 / 27 REDDALL PDE |
| 05-07-2024 | $485,000 | 1 / 14 SHELLHARBOUR RD |
| 28-06-2024 | $560,000 | 3 / 59 PUR PUR AVE |
| 27-06-2024 | $970,000 | 16 ADDISON AVE |
| 25-06-2024 | $740,000 | 4 / 81 REDDALL PDE |
| 19-06-2024 | $1,015,000 | 158 PUR PUR AVE |
| 18-06-2024 | $760,000 | 1 / 29 ADDISON AVE |
| 12-06-2024 | $1,050,000 | 4 STANLEY ST |
| 07-06-2024 | $810,000 | 12 CORONA AVE |
| 07-06-2024 | $470,000 | 5 / 11 WINDLE ST |
| 05-06-2024 | $820,000 | 94 ADDISON AVE |
| 31-05-2024 | $790,000 | 55 THOMAS ST |
| 30-05-2024 | $555,000 | 6 / 8 PETERBOROUGH AVE |
| 30-05-2024 | $810,000 | 2 / 29 ADDISON AVE |
| 17-05-2024 | $981,000 | 160 PUR PUR AVE |
| 17-05-2024 | $695,000 | 3 / 33 REDDALL PDE |
| 15-04-2024 | $595,000 | 1 / 20 ADDISON AVE |
| 15-04-2024 | $240,000 | 5 / 33 REDDALL PDE |
| 05-04-2024 | $740,000 | 87 QUEEN ST |
| 27-03-2024 | $690,000 | 24 THOMAS ST |
| 27-03-2024 | $845,000 | 1 / 23 PUR PUR AVE |
| 19-03-2024 | $750,000 | 28 SHELLHARBOUR RD |
| 11-03-2024 | $600,000 | 4 / 13 GROVE CCT |
| 23-02-2024 | $629,000 | 2 / 30 PETERBOROUGH AVE |
| 23-02-2024 | $890,000 | 111 PUR PUR AVE |
| 16-02-2024 | $30,000 | 4 / 54 PETERBOROUGH AVE |
| 12-02-2024 | $625,000 | 1 / 76 PUR PUR AVE |
| 09-02-2024 | $435,000 | 1 / 5 WHITFIELD PL |
| 29-01-2024 | $1,975,000 | 71 REDDALL PDE |
Internet Speed
Download 25 Mbps / Upload 5 MbpsNearby Suburbs
Public Transport
Minnamurra - Less than 10 KM
Lysaghts - Less than 10 KM
Cringila - Less than 10 KM
Port Kembla - Less than 10 KM
Port Kembla North - Less than 10 KM
Oak Flats - Less than 10 KM
Dapto - Less than 10 KM
Kembla Grange - Less than 10 KM
Albion Park - Less than 10 KM
Shellharbour Junction - Less than 10 KM
General Points of Interest
Boeing 747 City of Canberra - Less than 10 KM
Berkeley Sports & Social - Less than 10 KM
Berkeley Sports & Social - Less than 10 KM
Cowries Beach - Less than 5 KM
Shellharbour City Stadium - Less than 10 KM
Nan Tien Temple - Less than 10 KM
Kembla Grange Race Course - Less than 10 KM
Oak Flats Swimming Pool - Less than 10 KM
Westfield Warrawong - Less than 10 KM
Nan Tien Gratitude Bell - Less than 10 KM
Boston Memorial - Less than 10 KM
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