FOR SALE
$600,000 - $615,000

2/9 Grove Circuit
Lake Illawarra NSW 2528

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
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Affordable Opportunity Walking Distance to the Beach

Ideally positioned a short distance to Lake Illawarra Foreshore and Warilla Beach, this charming two-bedroom townhouse boasts practicality and comfort.
Offering two welcoming bedrooms with built-in wardrobes, an additional bathroom downstairs and two separate living spaces this residence provides ultimate convenience. Upstairs living potential to be used as guest bedroom.
Whether you are seeking a first home or looking for an investment property, this home is a perfect opportunity in a sought-after location walking distance to the beach, shops and cafes.
Current rent: $500 per week
Council rates: $435 per quarter
Water rates: $202 per quarter
Strata fees: $1,010.65 per quarter
Property Features:
- 2 bed I 2 bath I 1 car
- Built in wardrobes
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Property Details for 2/9 Grove Cct, Lake Illawarra

2/9 Grove Cct, Lake Illawarra is a 2 bedroom, 2 bathroom Townhouse with 1 parking spaces. The place is currently for sale with Ray White Shellharbour City.

Building Type
Townhouse

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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.

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Suburb Insights for Lake Illawarra 2528

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Bradley Schlick
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Ray White Shellharbour City
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