SOLD
Sold on 24 Nov 2023 for $545,000

11/11 Commerce Drive
Lake Illawarra NSW 2528

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 82m2
Land area: 2142m2
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Property Details for 11/11 Commerce Dr, Lake Illawarra

11/11 Commerce Dr, Lake Illawarra is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1998. The property has a land size of 2142m2 and floor size of 82m2. While the property is not currently for sale or for rent, it was last sold in November 2023. There are other 2 bedroom Unit sold in Lake Illawarra in the last 12 months.

Building Type
Unit
Year Built
1998
Floor Size
82m2
Land Size
2142m2
Local Government
Shellharbour
Lot/Plan
11/SP58083

Last Listing description (December 2013)

A MUST TO INSPECT
2 STOREY, 2 BEDROOM TOWNHOUSE LARGE OPEN PLAN LIVING WITH COURTYARD SPACIOUS KITCHEN WITH AMPLE STORAGE PRACTICAL LAYOUT WITH BEDROOMS UPSTAIRS INTERNAL LAUNDRY AND SINGLE LOCK UP GARAGE

Property History for 11/11 Commerce Dr, Lake Illawarra, NSW 2528

A timeline of how this property has performed in the market
Last Sold
$545,000
24 Nov 2023
Listed for Rent
$320/w
18 Dec 2013
  • 24 Nov 2023
    Sold for $545,000
  • 12 Oct 2013
    Listed for Rent - Price not available
  • 17 Sep 2013
    Listed for Sale OFFERS ABOVE $270,000
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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.

Suburb Insights for Lake Illawarra 2528

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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.