16 Albert StreetLake Illawarra NSW 2528
Property Details for 16 Albert St, Lake Illawarra
16 Albert St, Lake Illawarra is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1960. The property has a land size of 591m2 and floor size of 82m2. While the property is not currently for sale or for rent, it was last sold in January 2023.
Last Listing description (January 2023)
Are you looking for your first home or adding to your investment portfolio? Look no further, this three-bedroom home could be the one for you! With plenty of street appeal, this lovely home is sitting on a large 588sqm (approx.) parcel of land, in a quiet street and offers plenty of room for the kids to play or to entertain family and friends in the backyard all year round.
This single-level home features the following:
* 3 bedrooms
* Open-plan lounge room
* Recently renovated kitchen with dining area
* Recently renovated bathroom
* Great sized full fenced front and back yard
* Internal laundry
* Single-car garage
* Off-street parking for an additional 2 cars
* Situated moments from schools, shops, parks, and our beautiful local beaches this residence is ideal for first-home buyers, investors, and retirees alike
Water Rates $160.18 approx pq
Council Rates $523.00 approx pq
Property History for 16 Albert St, Lake Illawarra, NSW 2528
- 09 Jan 2023Sold for $700,000
- 28 Oct 2022Listed for Sale UNDER CONTRACT
- 10 Dec 2020Sold for $550,000
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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 2,014 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.
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