Lake Illawarra, NSW 2528
Compare Part of Shellharbour
81.44 km
Distance from Sydney CBD
24 k
Population
Median Sale Price
House
-
Updated on Apr 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Apr 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
| Year | Median | Growth | Low | High | # Sales |
|---|---|---|---|---|---|
| 2009 | $280,000 | 0.0% | $212,000 | $795,000 | 30 |
| 2010 | $300,000 | +6.7% | $215,000 | $970,000 | 62 |
| 2011 | $320,000 | +6.3% | $195,000 | $677,500 | 52 |
| 2012 | $308,500 | -3.7% | $230,000 | $900,000 | 47 |
| 2013 | $325,000 | +5.1% | $225,000 | $860,000 | 37 |
| 2014 | $365,000 | +11.0% | $275,000 | $1,600,000 | 31 |
| 2015 | $445,000 | +18.0% | $250,000 | $1,520,000 | 35 |
| 2016 | $470,000 | +5.3% | $335,000 | $675,000 | 30 |
| 2017 | $580,000 | +19.0% | $350,000 | $720,000 | 23 |
| 2018 | $560,000 | -3.6% | $415,500 | $1,550,000 | 21 |
| 2019 | $560,000 | 0.0% | $415,000 | $1,240,000 | 29 |
| 2020 | $543,000 | -3.1% | $410,000 | $860,000 | 37 |
| 2021 | $721,000 | +24.7% | $430,000 | $1,525,000 | 29 |
| 2022 | $750,000 | +3.9% | $600,000 | $1,040,000 | 27 |
| 2023 | $775,000 | +3.2% | $440,000 | $1,975,000 | 25 |
| 2024 | $852,000 | +9.0% | $690,000 | $2,255,000 | 13 |
Median Sale Price
$852K
Based on 29 recorded sales within the last 12 months
Updated on 17 Jun 2024
Suburb Growth
+19.0%
Current Median Price: $852,000
Previous Median Price: $690,000
Based on 55 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending May 2024)
Price Range Segments (12 months ending May 2024)
Median Weekly Rent Price
House
-
Updated on Apr 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Apr 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
| Year | Median | Growth | Low | High | # Rents |
|---|---|---|---|---|---|
| 2011 | $340 | 0.0% | $190 | $550 | 17 |
| 2012 | $370 | +8.1% | $270 | $550 | 24 |
| 2013 | $360 | -2.8% | $275 | $450 | 23 |
| 2014 | $370 | +2.7% | $295 | $1,100 | 18 |
| 2015 | $400 | +7.5% | $240 | $600 | 45 |
| 2016 | $420 | +4.8% | $220 | $900 | 36 |
| 2017 | $450 | +6.7% | $310 | $550 | 39 |
| 2018 | $430 | -4.7% | $320 | $560 | 40 |
| 2019 | $450 | +4.4% | $300 | $750 | 35 |
| 2020 | $455 | +1.1% | $340 | $980 | 41 |
| 2021 | $530 | +14.2% | $340 | $850 | 34 |
| 2022 | $550 | +3.6% | $380 | $2,300 | 45 |
| 2023 | $570 | +3.5% | $380 | $1,190 | 48 |
| 2024 | $550 | -3.6% | $440 | $700 | 9 |
Median Rent Price
$560
per week
Based on 30 recorded rent within the last 12 months
Updated on 17 Jun 2024
Rent Price Growth
+1.8%
Current Median Rent: $560
Previous Median Rent: $550
Based on 82 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+3.4%
Current Median Price: $852,000
Current Median rent: $560
Based on 59 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending May 2024)
Auction Results For Lake Illawarra
Houses sold in Last 12 months ends 15 Jun 2024
$1.7M
Median Sale Price
50%
Clearance Rate
1/2
Sold/Reported
$1.7M
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $1.6 M - $1.8 M (Median Price Range) | 1 | |
Similar Suburbs to Lake Illawarra 2528
Based on median house sale price sold in last 12 months
Schools closest to Lake Illawarra, NSW 2528
| School name | Address | Type | Sector | Distance |
|---|---|---|---|---|
| Mount Warrigal Public School | HOGARTH AVEWarilla 2528 | Primary | Government | 0.41 km |
| Warilla Public School | LEAWARRA AVEWarilla 2528 | Primary | Government | 0.82 km |
| Windang Public School | OAKLAND AVEWindang 2528 | Primary | Government | 1.16 km |
| Lake Illawarra High School | REDDALL PDELake Illawarra 2528 | Secondary | Government | 1.26 km |
| Warilla North Public School | OLDFIELD STWarilla 2528 | Primary | Government | 1.36 km |
| Barrack Heights Public School | HUNTER STREETBarrack Heights 2528 | Primary | Government | 2.76 km |