OFF MARKET

16 Peterborough Avenue
Lake Illawarra NSW 2528

Bedrooms: 3
Bathrooms: 2
Car spaces: 3
Floor area: 134m2
Land area: 674m2
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Property Details for 16 Peterborough Ave, Lake Illawarra

16 Peterborough Ave, Lake Illawarra is a 3 bedroom, 2 bathroom House with 3 parking spaces and was built in 1950. The property has a land size of 674m2 and floor size of 134m2. While the property is not currently for sale or for rent, it was last sold in August 2015.

Building Type
House
Year Built
1950
Floor Size
134m2
Land Size
674m2
Local Government
Shellharbour
Lot/Plan
A/DP349546

Last Listing description (September 2015)

What a site to consider a development. Literally a hop skip and a jump to Warilla Beach and the Lake's Entrance, this property provides the perfect location for building. Boasting an impressive 674sqm within the R3 Zoning warrants the usage of a 70% Floor Space Ratio. Building sites simply cannot get much better than that! Needing work, the property was previously 4 units. Currently accruing $320 per week from two tenancies residing at the property. Call Adam Martin to inspect 0408 411723 today!

Property History for 16 Peterborough Ave, Lake Illawarra, NSW 2528

A timeline of how this property has performed in the market
Last Sold
$525,000
08 Aug 2015
Listed for Rent
$120/w
09 Sep 2011
  • 08 Aug 2015
    Sold for $525,000
  • 22 Jul 2015
    Listed for Sale Not Disclosed
  • 23 Aug 2011
    Listed for Rent - Price not available
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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.
There are currently 7 properties listed for sale, and 4 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.

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