OFF MARKET

104 Addison Avenue
Lake Illawarra NSW 2528

Bedrooms: 4
Bathrooms: 1
Car spaces: 2
Floor area: 162m2
Land area: 650m2
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Last updated 11 Nov 2024
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Property Details for 104 Addison Ave, Lake Illawarra

104 Addison Ave, Lake Illawarra is a 4 bedroom, 1 bathroom House with 2 parking spaces and was built in 1970. The property has a land size of 650m2 and floor size of 162m2. While the property is not currently for sale or for rent, it was last sold in September 2022.

Building Type
House
Year Built
1970
Floor Size
162m2
Land Size
650m2
Local Government
Shellharbour
Lot/Plan
110/DP24325

Last Listing description (February 2023)

Situated on a near level block this 645 sqm property is zoned R3 making it the perfect opportunity to develop, renovate or extend, STCA. The home is located in a prime position of an easy relaxed lifestyle suburb.

DA Plans in Council for 3 Townhouses - 3 Bedrooms, 2 Bathrooms, 2 Car garages
DA approval imminent as there are minor engineering adjustments required

The home is in a good condition to obtain a rental income whilst the plans are being approved

RENOVATE AND EXTEND

- This three bedroom clad home offers a good sizing living room
- Compact kitchen with separate dining area
- Main bathroom includes shower bath and toilet
- Internal laundry, plus second toilet/powder room
- Main bedroom is generous in size with a built in wardrobe
- Bedrooms two and three offer built in robes whilst the fourth bedroom could be used as a second lounge area
- Only minutes to a major shopping centre, schools, hospitals, transport
- Close to several of the best beaches the Illawarra coast has to offer
- The new Shell Cove Marina precinct is less than 10 minutes away

In this current market, considering location and development potential we certainly don't expect it to last long. Put this property on your shopping list and contact Rob Gansl today on 0418 695 956.

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Property History for 104 Addison Ave, Lake Illawarra, NSW 2528

A timeline of how this property has performed in the market
Last Sold
$900,000
21 Sep 2022
Listed for Rent
$420/w
17 Feb 2022
  • 21 Sep 2022
    Sold for $900,000
  • 25 Jul 2022
    Listed for Sale $880,000-$930,000
  • 02 Sep 2021
    Listed for Rent $620 / week
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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 2,018 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 6 properties listed for sale, and 7 properties listed for rent in Lake illawarra on OnTheHouse. According to CoreLogic's data, 93 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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