4 Alfred Cres, Lake Illawarra is a 5 bedroom, 2 bathroom House and was built in 1965. The property has a land size of 765m2 and floor size of 79m2. While the property is not currently for sale or for rent, it was last sold in September 2023.
Two dwellings, one big block! Currently returning $920 per week and sitting on a near level 765sqm block, positioned at the end of a cul de sac street, opportunities like this don't come along often!
Front dwelling is currently leased for $480 per week and features;
- Air-conditioned living with polished floorboards
Second dwelling is a manufactured home consisting of two bedrooms, both with built in wardrobes, open plan living, dining and kitchen area. All council approved and leased for $440 per week.
Pre tenancy photos are available on request.
For your own private viewing, please contact Daniel Ellem on 0410868632.
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:
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