OFF MARKET

2 Corona Avenue
Lake Illawarra NSW 2528

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 112m2
Land area: 575m2
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Property Details for 2 Corona Ave, Lake Illawarra

2 Corona Ave, Lake Illawarra is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1965. The property has a land size of 575m2 and floor size of 112m2. While the property is not currently for sale or for rent, it was last sold in May 2020.

Building Type
House
Year Built
1965
Floor Size
112m2
Land Size
575m2
Local Government
Shellharbour
Lot/Plan
1/DP216974

Last Listing description (May 2020)

Another SOLD by Right Choice, make us your choice...

One level block from the lakes edge, with north facing water views from the front sunroom, this home offers the ideal opportunity to secure your future. This corner block situated on 575sqm and R3 zoned has the potential to build a second dwelling or granny flat on the rear (STCA), whilst also keeping the existing home and rental income.


The fully renovated three-bedroom family home features: polished timber floors, near new polyurethane kitchen with stainless steel appliances, new modern bathroom and reverse cycle air conditioning to the living room. Outside, the level yard has plenty of parking with an oversized double garage and side access with automated gate. A level walk to both primary and high schools and so close to the lake and ocean, this home is a must see. The perfect buy now and an astute future investment.

Premium position, perfect potential, pounce on it!

***Available 7 Days by Appointment***

- For more detailed information please call the Sales Team at Right Choice Real Estate

Property History for 2 Corona Ave, Lake Illawarra, NSW 2528

A timeline of how this property has performed in the market
Last Sold
$605,000
28 May 2020
Listed for Rent
$420/w
19 Feb 2019
  • 28 May 2020
    Sold for $605,000
  • 19 Mar 2020
    Listed for Sale Price Range: $599,000 - $619,000
  • 08 Feb 2019
    Listed for Rent $420 / 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 2,016 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 5 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.

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.