SOLD
Sold on 15 Apr 2024 for $240,000

5/33 Reddall Parade
Lake Illawarra NSW 2528

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 64m2
Land area: 1101m2
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Property Details for 5/33 Reddall Pde, Lake Illawarra

5/33 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 1101m2 and floor size of 64m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 2 bedroom Unit sold in Lake Illawarra in the last 12 months.

Building Type
Unit
Year Built
1980
Floor Size
64m2
Land Size
1101m2
Local Government
Shellharbour
Lot/Plan
5/SP15943

Last Listing description (February 2020)

This snug and cosy unit is perfect for the first home buyer or savvy investor to add to or start your investment portfolio. Located in a prime position offering incredible location with Lake Illawarra right at your doorstep and only minutes away from local schools, restaurants, cafs and shopping centres. The generous central family room introduces the home, and presents effortless access to the living room and dining room as well as an intimate kitchen showcasing plentiful storage. The substantial main bedroom offers mirrored built in wardrobes. Be impressed with this humble unit located in one of the most prestigious areas on the South Coast with nothing to do and only 1.5hrs from Sydney CBD. Contact Amanda Bonnici on 0457 088 911 for further details.

Property History for 5/33 Reddall Pde, Lake Illawarra, NSW 2528

A timeline of how this property has performed in the market
Last Sold
$240,000
15 Apr 2024
Listed for Rent
$270/w
07 May 2011
  • 15 Apr 2024
    Sold for $240,000
  • 16 Dec 2019
    Sold for $390,000
  • 23 Oct 2019
    Listed for Sale $429,000
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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.

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.