FOR SALE
$650,000

4/78 Addison Avenue
Lake Illawarra NSW 2528

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
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Modern Unit in Prime Lakeside Suburb

Discover your new home with this spacious 2-3 bedroom unit, perfectly situated above a cute complex of shops, offering convenience and lifestyle at your doorstep.
Featuring:
• Generous open-plan living and dining area, perfect for relaxing or entertaining.
• Modern well-appointed kitchen with sleek cabinetry, ample storage and bench space, gas cooking and dishwasher.
• Light filled master suite with built-in robe and huge ensuite with bath tub and access to alfresco area.
• Additional 2 bedrooms feature built-in wardrobes.
• Stylish family bathroom with contemporary fixtures.
• Alfresco area with raised garden beds perfect for the avid gardener.
• Bonus 3x3m storage plus secure undercover carspace.
A short 350m walk will have you at the shores of Lake Illawarra with lush parklands, cycle and walking tracks and sports fields.
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Property Details for 4/78 Addison Ave, Lake Illawarra

4/78 Addison Ave, Lake Illawarra is a 2 bedroom, 2 bathroom Apartment with 1 parking spaces. The place is currently for sale with First National Wollongong - Rentals.

Building Type
Apartment

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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 2,019 properties. Over the last 5 years, Houses in Lake Illawarra have seen a 73.27% increase in median value, while Units have seen a 55.51% increase. As at 31 October 2024:

  • The median value for Houses in Lake Illawarra is $889,660 while the median value for Units is $662,315.
  • Houses have a median rent of $580 while Units have a median rent of $540.
There are currently 7 properties listed for sale, and 11 properties listed for rent in Lake illawarra on OnTheHouse. According to CoreLogic's data, 94 properties were sold in the past 12 months in Lake illawarra.

Suburb Insights for Lake Illawarra 2528

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Rachael Griffin
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First National Wollongong - Rentals
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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.