Lake Illawarra Suburb Profile
New South Wales 2528

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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 7 properties listed for sale, and 10 properties listed for rent in Lake illawarra on OnTheHouse. According to CoreLogic's data, 94 properties were sold in the past 12 months in Lake illawarra.

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.

Suburb Insights for LAKE ILLAWARRA 2528

Market Insights
Lake Illawarra Trends for Houses
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Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
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Lake Illawarra Trends for Units
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Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Neighbourhood Insights
Age

Population 3,167

0-9

 

11%

10-19

 

10%

20-29

 

14%

30-39

 

11%

40-49

 

12%

50-59

 

15%

60-69

 

12%

70-79

 

9%

80-89

 

6%

Household Structure
Occupancy

Recent Sales in LAKE ILLAWARRA 2528

Properties for sale in LAKE ILLAWARRA 2528

Properties for rent in LAKE ILLAWARRA 2528

CoreLogic Copyright and Legal Disclaimers about Property Data

© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.

Last Updated: 21/11/2024

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.

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