OFF MARKET

5 Albert Street
Lake Illawarra NSW 2528

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 67m2
Land area: 566m2
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Last updated 18 Nov 2024
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Property Details for 5 Albert St, Lake Illawarra

5 Albert St, Lake Illawarra is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 2021. The property has a land size of 566m2 and floor size of 67m2. While the property is not currently for sale or for rent, it was last sold in February 2020.

Building Type
House
Year Built
2021
Floor Size
67m2
Land Size
566m2
Local Government
Shellharbour
Lot/Plan
214/DP218457

Last Listing description (September 2024)

Situated within walking distance to the shores of the picturesque Lake Illawarra is this near new cottage style home.

Positioned in close proximity to a selection of our beautiful beaches, Stocklands Shellharbour shopping precinct, hospitals, public transport not to mention a short stroll to both the local primary and high schools.

Lease Available from 5th September to the 11th December 2024.

Fully furnished and includes all utilities.

Apply online today!

Property History for 5 Albert St, Lake Illawarra, NSW 2528

A timeline of how this property has performed in the market
Last Sold
$305,000
26 Feb 2020
Listed for Rent
$490/w
09 Sep 2024
  • 29 Aug 2024
    Listed for Rent $490 / week
  • 15 Jun 2023
    Listed for Rent $520 / week
  • 07 Dec 2022
    Listed for Rent $500 / 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.
There are currently 6 properties listed for sale, and 7 properties listed for rent in Lake illawarra on OnTheHouse. According to CoreLogic's data, 93 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.