16 Peterborough AvenueLake Illawarra NSW 2528
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.
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
- 08 Aug 2015Sold for $525,000
- 22 Jul 2015Listed for Sale Not Disclosed
- 23 Aug 2011Listed for Rent - Price not available
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0About 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.
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