OFF MARKET

3 Kotari Parade
Lake Illawarra NSW 2528

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
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Last updated 2 Sep 2024
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Property Details for 3 Kotari Pde, Lake Illawarra

3 Kotari Pde, Lake Illawarra is a 3 bedroom, 1 bathroom House with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in August 2023.

Building Type
House
Local Government
Shellharbour
Lot/Plan
36/DP218223

Last Listing description (March 2024)

Located in a whisper quiet cul-de-sac and positioned within reach of the majestic foreshores of Lake Illawarra and golden sands of local beaches, this unique property offers the ultimate combination of coastal convenience and property opportunity! Set on a 556.4 sqm parcel of land and Zoned R3 it represents the freedom to either, renovate and live in, knock-down rebuild or develop!!

Secure your own piece of seaside serenity and revel in coastal lifestyle afforded by this private real estate retreat. The property features include:

- Property dimensions of 18.11m x 30.78m with a 0.7 FSR

- Brick veneer residence with freestanding garage
- Three bedrooms, two featuring built-in-wardrobes
- Open plan lounge-dining-study nook with delightful northern aspect
- Huge outdoor entertainment area with adjoining sunroom
- Quaint kitchen with adjoining laundry/service room
- Single lock up garage with remote roller door
- Perfect for the real estate visionary looking for a renovation opportunity
- Ideal site for a dual occupancy opportunity/Granny Flat site!
- Build your dream Lake house
- Handy access to public transport, local shops, amenities and Warilla CBD
- Enjoy all that the coastal enclaves of Lake Illawarra, Windang & Warilla
- Plus, the quintessential Australian "Backyard Dunny"!!
- Council Rates $545.77 p/q.
- Water Rates $150.99 (plus usage) p/q.

For more information or to arrange your inspection, contact Ben Frawley today on 0425 329 700

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Property History for 3 Kotari Pde, Lake Illawarra, NSW 2528

A timeline of how this property has performed in the market
Last Sold
$820,000
14 Aug 2023
Listed for Rent
$600/w
24 Nov 2023
  • 28 Sep 2023
    Listed for Rent $600 / week
  • 11 Aug 2023
    Sold for $820,000
  • 02 Aug 2023
    Listed for Sale Not Disclosed
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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 2,011 properties. Over the last 5 years, Houses in Lake Illawarra have seen a 65.59% increase in median value, while Units have seen a 56.24% increase. As at 31 July 2024:

  • The median value for Houses in Lake Illawarra is $831,743 while the median value for Units is $618,966.
  • Houses have a median rent of $580 while Units have a median rent of $500.
There are currently 9 properties listed for sale, and 12 properties listed for rent in Lake illawarra on OnTheHouse. According to CoreLogic's data, 92 properties were sold in the past 12 months in Lake illawarra.

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