OFF MARKET

7 Albert Street
Lake Illawarra NSW 2528

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 77m2
Land area: 598m2
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Last updated 11 Nov 2024
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Property Details for 7 Albert St, Lake Illawarra

7 Albert St, Lake Illawarra is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1960. The property has a land size of 598m2 and floor size of 77m2. While the property is not currently for sale or for rent, it was last sold in July 2021.

Building Type
House
Year Built
1960
Floor Size
77m2
Land Size
598m2
Local Government
Shellharbour
Lot/Plan
215/DP218457

Last Listing description (July 2021)

Occupying a sought after position on one of the South Coast's most desirable locations sits this much loved family home which is located close to schools, public transport, hospitals, shellharbour shopping centre, cafes and restaurants.

This property which lies on a generous sized corner block is sure to be popular and is surrounded by all things the beautiful Illawarra has to offer - Hop in the car and within minutes you can find yourself at the picturesque Lake illawarra foreshore, pristine local beaches or the upcoming, highly anticipated Shell Cove Marina precinct.

Property features include ;

- 3 Generous sized bedrooms, one with BIW.
- Modern kitchen which flows into a large living room
- Large level backyard with plenty of space for the kids and pets to play
- New laundry attached to undercover alfresco area
- Split system air conditioning

Ideal for the first home owner trying to break into the market or savvy investor as this property offers a generous rental return, for further information please call today.

AJ Hatch - 0439 252 675

Property History for 7 Albert St, Lake Illawarra, NSW 2528

A timeline of how this property has performed in the market
Last Sold
$630,000
02 Jul 2021
Listed for Rent
$460/w
20 Jul 2017
  • 02 Jul 2021
    Sold for $630,000
  • 11 Jun 2021
    Listed for Sale AUCTION - Guide $600,000
  • 20 Dec 2018
    Listed for Sale $499,950
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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.