6/8 Peterborough AvenueLake Illawarra NSW 2528
Property Details for 6/8 Peterborough Ave, Lake Illawarra
6/8 Peterborough Ave, Lake Illawarra is a 3 bedroom, 1 bathroom Unit with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 3 bedroom Unit sold in Lake Illawarra in the last 12 months.
Last Listing description (April 2024)
Discover the perfect blend of comfort and convenience with this spacious three bedroom apartment located on the beach side of Lake Illawarra.
Freshly painted throughout, this apartment offers a bright and spacious open plan living and dining space, perfect for relaxing with friends. The floating floors ensure easy care, making this property ideal for those seeking a low maintenance lifestyle.
Situated within walking distance to the beach, lake and shops, you can enjoy the best of coastal living right at your doorstep. With a bus stop conveniently located right at the front, accessing all amenities is a breeze.
Additional features of this property include an internal laundry, built in robe, ceiling fans and undercover car space, providing added convenience and functionality. Whether you're looking for a great live-in opportunity or a smart investment, this property ticks all the boxes.
- Rental potential $550 - $580 per week
- Council Rates $425.35 per quarter
- Water Rates $170 per quarter (fixed charge)
- Strata Levies $950.00 per quarter
Don't miss out on this fantastic opportunity, contact Alex Gough 0413 499 626 today to book an inspection.
Property History for 6/8 Peterborough Ave, Lake Illawarra, NSW 2528
- 05 Jul 2024Listed for Rent $580 / week
- 02 May 2024Sold for $555,000
- 07 Dec 2023Listed for Sale $550,000 - $600,000
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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.
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