FOR SALE
$499,000-

1/29 Girraween Avenue
Lake Illawarra NSW 2528

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 79m2
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Perfect Investment Property Under $500,000 in Lake Illawarra

Discover the perfect blend of comfort and convenience in this delightful 2-bedroom single level unit, ideally located in the serene neighborhood of Lake Illawarra. With a generous internal building area, this property offers a cozy retreat with modern features and a welcoming atmosphere.
Property Highlights include:
� Bedrooms: 2 spacious bedrooms, both featuring built-in robes for ample storage.
� Bathroom: 1 well-appointed bathroom with a relaxing bath, perfect for unwinding after a long day.
� Enjoy the airy ambiance created by beautiful floorboards throughout the unit.
� Kitchen: The functional kitchen comes equipped with a dishwasher, making meal prep and cleanup a breeze.
� Outdoor Living: Step outside to your sunny rear courtyard, ideal for entertaining guests or enjoying a quiet morning coffee.
� The property also features a nice rear yard in which you have additional outdoor space to read a book.
� Parking: Open parking space available for your convenience right near your property.
Some Additional Features include:
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Property Details for 1/29 Girraween Ave, Lake Illawarra

1/29 Girraween Ave, Lake Illawarra is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a floor size of 79m2. The place is currently for sale with LJ Hooker Albion Park Rail.

Building Type
Unit
Floor Size
79m2

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About Lake Illawarra 2528

The size of Lake Illawarra is approximately 2.1 square kilometres. It has 11 parks covering nearly 24% of total area. The population of Lake Illawarra in 2011 was 3,087 people. By 2016 the population was 3,167 showing a population growth of 2.6% in the area during that time. The predominant age group in Lake Illawarra is 50-59 years. Households in Lake Illawarra are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Lake Illawarra work in a trades occupation. In 2011, 46% of the homes in Lake Illawarra were owner-occupied compared with 46.8% in 2016.

Lake Illawarra has 2,016 properties. Over the last 5 years, Houses in Lake Illawarra have seen a 67.42% increase in median value, while Units have seen a 47.53% increase. As at 31 August 2024:

  • The median value for Houses in Lake Illawarra is $854,696 while the median value for Units is $627,054.
  • Houses have a median rent of $570 while Units have a median rent of $515.
There are currently 12 properties listed for sale, and 15 properties listed for rent in Lake illawarra on OnTheHouse. According to CoreLogic's data, 89 properties were sold in the past 12 months in Lake illawarra.

Suburb Insights for Lake Illawarra 2528

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Craig Hyde
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LJ Hooker Albion Park Rail
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.