FOR SALE
$649,000

11/5 Commerce Drive
Lake Illawarra NSW 2528

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 115m2
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Discover the Perfect South Coast Lifestyle

Immerse yourself in the relaxed South Coast lifestyle with this delightful two-bedroom townhouse, perfectly positioned between the tranquil Lake Illawarra foreshore and the beautiful Warilla Beach.
The upper level includes two spacious bedrooms with built-in wardrobes and a well-appointed main bathroom. The lower level features a comfortable lounge room, a dining area, and a classic kitchen that offers potential for your personal touch. Additionally, there is a convenient second bathroom in the laundry.
Outside, you'll enjoy an open courtyard that's perfect for relaxing in the fresh air or hosting intimate gatherings, along with a single lock-up garage for added convenience.
This property combines charm and opportunity in a sought-after location. Don't miss your chance to make this inviting South Coast townhouse your own.

Property Details for 11/5 Commerce Dr, Lake Illawarra

11/5 Commerce Dr, Lake Illawarra is a 2 bedroom, 2 bathroom Townhouse with 1 parking spaces. The property has a floor size of 115m2. The place is currently for sale with Illawarra Estate Agents.

Building Type
Townhouse
Floor Size
115m2

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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 9 properties listed for sale, and 13 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.

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Suburb Insights for Lake Illawarra 2528

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Petreace Bush
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Meagan Biletic
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Illawarra Estate Agents
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