SOLD
Sold on 14 Nov 2023 for $520,000

8/33 Reddall Parade
Lake Illawarra NSW 2528

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 57m2
Land area: 1094m2
Sold By
Leanne Brailey
First National Real Estate Wollongong
Rachael Griffin
First National Real Estate Wollongong
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Property Details for 8/33 Reddall Pde, Lake Illawarra

8/33 Reddall Pde, Lake Illawarra is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 1094m2 and floor size of 57m2. While the property is not currently for sale or for rent, it was last sold in November 2023. There are other 2 bedroom Unit sold in Lake Illawarra in the last 12 months.

Building Type
Unit
Year Built
1970
Floor Size
57m2
Land Size
1094m2
Local Government
Shellharbour
Lot/Plan
8/SP15943

Last Listing description (February 2024)

This first floor two bedroom unit is located in a highly sought after location opposite the lake's entrance to Lake Illawarra.

Stroll across the road to the safe swimming lagoon, new playground and walking/cycling paths. Close proximity to beach, transport, shopping centre and professional services.

Features include:

- Double brick construction.
- Built in wardrobes to both bedrooms.
- Original neat kitchen.
- Tidy bathroom.
- Designated carport.
- Lake views from living areas.
- Well maintained complex of 8 units.

Update this unit to reflect your style and then relax and enjoy the lifestyle of this amazing location.

To book your inspection please call Rachael Griffin of First National Wollongong 0414 601 336.

Property History for 8/33 Reddall Pde, Lake Illawarra, NSW 2528

A timeline of how this property has performed in the market
Last Sold
$520,000
14 Nov 2023
Listed for Rent
$520/w
31 Jan 2024
  • 03 Jan 2024
    Listed for Rent $520 / week
  • 14 Nov 2023
    Sold for $520,000
  • 22 Dec 2022
    Listed for Sale Price Guide $490,000
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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 2,016 properties. Over the last 5 years, Houses in Lake Illawarra have seen a 67.42% increase in median value, while Units have seen a 47.53% increase. As at 31 August 2024:

  • The median value for Houses in Lake Illawarra is $854,696 while the median value for Units is $627,054.
  • Houses have a median rent of $570 while Units have a median rent of $515.
There are currently 9 properties listed for sale, and 13 properties listed for rent in Lake illawarra on OnTheHouse. According to CoreLogic's data, 89 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.