OFF MARKET

6/33 Reddall Parade
Lake Illawarra NSW 2528

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 64m2
Land area: 1096m2
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Property Details for 6/33 Reddall Pde, Lake Illawarra

6/33 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 1096m2 and floor size of 64m2. While the property is not currently for sale or for rent, it was last sold in August 2016.

Building Type
Unit
Year Built
1980
Floor Size
64m2
Land Size
1096m2
Local Government
Shellharbour
Lot/Plan
6/SP15943

Last Listing description (December 2018)

Enjoying a lakeside position along the prestigious Reddall Parade, this recently renovated unit is refreshed and ready to go! Whether you dream of a carefree lakeside lifestyle or want a set and forget property to add to your portfolio, this immaculate unit is a must to inspect.

LOCATION
The crystal blue waters of the spectacular Lake Illawarra await you just metres from your front door, whilst the pristine sands of Wingdang Bay are just a casual stroll down the road. Surrounded by beautiful parks and reserves, this impeccable property is also within walking distance to Warilla Grove Shopping Centre. A quick 10-minute drive will take you into the heart of Shellharbour City Centre where you'll also find the local hospital and TAFE. Super accessible to the highway, Sydney is approximately 100 km's away, and Wollongong CBD less than 20 km's away.

PROPERTY
Situated on the ground floor in a small and quiet complex comprising of 8 units, this 2 bedroom unit presents comfortable coastal living. Both bedrooms feature built-in robes and fans, and are serviced by a spacious, modern bathroom. The sleek and stylish kitchen is fully equipped with plenty of storage and quality appliances, which flows effortlessly to the combined living and dining room. Recently refreshed in a neutral coastal palette, the unit also features air-conditioning, stunning timber flooring and single car accommodation.

LIFESTYLE
This is a rare opportunity to secure an affordable property in an exclusive lakeside location. Owner-occupiers can relax in the luxury of a fully renovated unit just seconds from the lake, where they can tuck into some fish and chips for dinner! Investors can relish in the solid return on investment that is on offer from this low-maintenance property.

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Property History for 6/33 Reddall Pde, Lake Illawarra, NSW 2528

A timeline of how this property has performed in the market
Last Sold
$365,000
31 Aug 2016
  • 20 Aug 2018
    Listed for Sale Contact Agent
  • 31 Aug 2016
    Sold for $365,000
  • 28 Jun 2016
    Listed for Sale $399,000
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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 2,014 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.

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