4/33 Reddall ParadeLake Illawarra NSW 2528
Property Details for 4/33 Reddall Pde, Lake Illawarra
4/33 Reddall Pde, Lake Illawarra is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1980. The property has a land size of 1094m2 and floor size of 64m2. While the property is not currently for sale or for rent, it was last sold in November 2023.
Last Listing description (February 2024)
This impeccably renovated 2 bedroom unit is located in a highly sought after waterfront location with 180 degree views over Lake Illawarra and the lake's entrance.
Featuring:
- Beautifully designed kitchen with dishwasher.
- Double brick construction.
- New floating floors throughout.
- Built in wardrobes to both bedrooms.
- Full width front balcony is perfect to enjoy the amazing water views.
- Well maintained complex of 8 units.
- Designated carport.
Stroll across the road to the safe swimming lagoon, boat ramp, walking/cycling paths and new playground facilities. A short walk will have you at popular patrolled Warilla Beach. Close proximity to transport, multiple shopping centres and many professional services.
This property would represent a fantastic lifestyle, investment opportunity or family holiday destination. There's nothing to be done, just move in and live every day like you are on holidays.
Strata Fees: $939.75 per quarter
Water Rates: $173.29 per quarter
Council Rates: $432.04 per quarter
Rental potential: $485 per week
Property History for 4/33 Reddall Pde, Lake Illawarra, NSW 2528
- 24 Nov 2023Sold for $662,000
- 25 Oct 2023Listed for Sale $662,000
- 02 Sep 2022Listed for Rent $495 / 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 2,018 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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