SOLD
RECENT ADVICE
Sold on 01 Jun 2024 for $1,700,000

34 Pur Pur Avenue
Lake Illawarra NSW 2528

Bedrooms: 3
Bathrooms: 2
Car spaces: 3
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Property Details for 34 Pur Pur Ave, Lake Illawarra

34 Pur Pur Ave, Lake Illawarra is a 3 bedroom, 2 bathroom House with 3 parking spaces. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 3 bedroom House sold in Lake Illawarra in the last 12 months.

Building Type
House
Local Government
Shellharbour
Lot/Plan
17/C/DP11044

Last Listing description (June 2024)

Offered for the first time in over 70 years, this is an exciting opportunity to create your dream coastal retreat with redevelopment opportunities to upgrade the existing home or build a new dream residence, additionally, the block has coveted R3 zoning and presents an amazing opportunity for the savvy investor or developer to seek council approval to subdivide to construct 2 luxury homes or request multi-dwelling approval to build 4-5 townhouses subject to council approval. With views out to Lake Illawarra and the South Pacific Ocean, the home is full of charm and is move-in ready with recent renovation completed, perfect for owner-occupier buyers or investors with the property ready to hit the market for short or long-term rental.

The bright and light open plan interiors feature a large lounge and dining area with water views, the kitchen has been upgraded with a breakfast bar and flows to the dining area. Currently, with 3 bedrooms all with wardrobes, the home has the potential to redevelop the undercroft to add additional bedrooms or a lounge area that flows to the rear garden subject to council approval.

+ Separate studio ideal to be used as a working-from-home office or kid's rumpus room

+ The perfect canvas with a 20-meter frontage and 50-meter depth
+ Potential to capitalise with a huge 1000m2 level block & coveted R3 zoning
+ Easy access to transport links, schools, Stockland and Marina precinct

ABOUT THE LOCATION...
Nestled in the most sought-after area of Lake Illawarra, bordering Warilla it's a mere 500 meters to Warilla Beach & footsteps to playgrounds at the new Reddall Reserve promenade, 900 meters away from Warilla Grove shopping centre with Woolworths, Aldi & many other retailers & approx. 20-25 minutes from Wollongong CBD

Co-Agent
Monique Napper of Belle Property Berry
0423 491 538 | monique.napper@belleproperty.com

Property History for 34 Pur Pur Ave, Lake Illawarra, NSW 2528

A timeline of how this property has performed in the market
Last Sold
$1,700,000
01 Jun 2024
Listed for Rent
$750/w
11 Oct 2024
  • 11 Oct 2024
    Listed for Rent $750 / week
  • 01 Jun 2024
    Sold for $1,700,000
  • 08 May 2024
    Listed for Sale Auction by the Cary & Napper Team
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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, 95 properties were sold in the past 12 months in Lake illawarra.

Suburb Insights for Lake Illawarra 2528

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Contact agent
Andrew Cary
Show contact details
Ray White - Paddington (NSW)
Preferred contact:
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.