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Lake Heights
NSW, 2502 - Wollongong

Thinking about buying in Lake Heights? Now could not be a better time, with 2035 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $781,000 with prices in this suburb ranging from $70,000 to $3,367,000. Lake Heights is located fairly close to the coast at just 2Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

Household Makeup

Median Weekly Rent $364.88
Median Monthly Mortgage $1771.50
Median Persons Per Bedroom 0.86
Average Household Size 2.88
Average Age 37.75
Average Income $558.00
Average Cars Per Dwelling 1.64
Average Properties Within 50M 11

Housing Stock

Average Property Prices

1 Bed  $588,000
2 Bed  $727,000
3 Bed  $797,000
4 Bed  $984,000
5 Bed  $1,075,000
6 Bed+$1,069,000

Lake Heights Real Estate Market Outlook

In Lake Heights there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Low average incomes in Lake Heights is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. Low average earnings from people in Lake Heights leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. Lower than average industry presence in Lake Heights we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Lake Heights a better buying opportunity than it may have been in the past.

Houses for sale Lake Heights

At Realty 14 CANBERRA RD, LAKE HEIGHTS, NSW, 2502 Beds3 Bathrooms1 Parking 1 $850,000
At Realty UNIT 1, 310 FLAGSTAFF RD, LAKE HEIGHTS, NSW, 2502 Beds0 Bathrooms0 Parking 0 $450,000
Belle Property 3 ARNOLD CR, LAKE HEIGHTS, NSW, 2502 Beds4 Bathrooms4 Parking 2 Price Guide $2,300,000 - $2,400,000
Elders 21 RANCHBY AV, LAKE HEIGHTS, NSW, 2502 Beds3 Bathrooms2 Parking 1 Expressions Of Interest
R&W 274 NORTHCLIFFE DR, LAKE HEIGHTS, NSW, 2502 Beds Bathrooms Parking 2 Contact Agent
Ray White 90 WERINGA AV, LAKE HEIGHTS, NSW, 2502 Beds4 Bathrooms2 Parking 1 740000
Stone Real Estate 44 MIRRABOOKA RD, LAKE HEIGHTS, NSW, 2502 Beds5 Bathrooms3 Parking 2 Price Guide $800,000

Local Schools

Lake Heights Public School

Warrawong High School

Berkeley Public School

Warrawong Public School

Cringila Public School

St Francis of Assisi Catholic Primary School

Illawarra Sports High School

Primbee Public School

Kemblawarra Public School

Berkeley West Public School

(While the above schools are located with the suburb of Lake Heights there may also be nearby schools whose catchments cover this suburb)

Local Crime Rate

Incidents Trend State Average

We are currently collecting information for this location.

Lake Heights weather - Average Local Climate by month

(mm)
RAIN
Min (°C)
TEMP
Max (°C)
TEMP
Min (%)
HUMIDITY
Max (%)
HUMIDITY
(m/sec)
WIND
(MJ/sq m)
SOLAR
Jan3.617.626.758.697.63.619.8
Feb7.618.025.662.897.63.617.0
Mar5.215.624.658.297.53.414.2
Apr1.011.223.548.497.23.213.2
May3.89.420.150.892.63.910.0
Jun0.98.218.25291.73.99.7
Jul6.27.417.953.594.84.19.9
Aug4.17.019.042.589.44.612.8
Sept0.99.021.643.493.94.116.5
Oct3.712.222.95496.63.617.6
Nov1.213.225.847.3964.222.9
Dec2.416.324.757.596418

source: Australian Government Bureau of Meteorology


Recently Sold Properties / House Prices

25-10-2024 $1,010,000 139 NORTHCLIFFE DR
15-10-2024 $885,000 13 BUENA VISTA AVE
30-09-2024 $731,000 42 DENISE ST
30-09-2024 $560,000 1 / 15 MELINDA GR
25-09-2024 $850,000 33 WERINGA AVE
06-09-2024 $1,100,000 9 BUENA VISTA AVE
04-09-2024 $575,000 3 / 15 MELINDA GR
02-09-2024 $740,000 4 RANCHBY AVE
29-08-2024 $457,500 31 HASSAN ST
12-08-2024 $640,000 7 / 15 HINGSTON CL
01-08-2024 $818,000 5 WERINGA AVE
26-07-2024 $705,000 21 DENISE ST
19-07-2024 $897,000 17 WERINGA AVE
19-07-2024 $670,000 2 / 166 SHEARWATER DR
16-07-2024 $670,000 6 KARRABAH CRES
05-07-2024 $885,000 57 GRAND VIEW PDE
04-07-2024 $820,000 9 BARINA AVE
27-06-2024 $990,000 3 BARINA AVE
24-06-2024 $800,000 348 NORTHCLIFFE DR
24-06-2024 $730,000 11 GILGANDRA ST
17-06-2024 $920,000 71 NORTHCLIFFE DR
11-06-2024 $820,000 96 LAKE HEIGHTS RD
05-06-2024 $1,000,000 21 GRAND VIEW PDE
05-06-2024 $800,000 48 MIRRABOOKA RD
03-06-2024 $820,000 17 CANBERRA RD
20-05-2024 $725,000 9 MIRRABOOKA RD
17-05-2024 $865,000 259 FLAGSTAFF RD
08-05-2024 $795,000 69 MIRRABOOKA RD
07-05-2024 $470,000 45 HASSAN ST
03-05-2024 $650,000 75 RANCHBY AVE
15-04-2024 $510,000 8 / 6 MELINDA GR
15-04-2024 $921,000 4 KINGSLEY DR
11-04-2024 $760,000 28 BARINA AVE
28-03-2024 $655,000 81 MIRRABOOKA RD
26-03-2024 $795,000 22 GLORIA CRES
19-03-2024 $790,000 52 RANCHBY AVE
08-03-2024 $1,130,000 68 HASSAN ST
07-03-2024 $455,000 2 WERINGA AVE
04-03-2024 $850,000 161 NORTHCLIFFE DR
28-02-2024 $885,000 310 NORTHCLIFFE DR
23-02-2024 $765,000 89 WERINGA AVE
23-02-2024 $895,000 1 / 33 NORTHCLIFFE DR
12-02-2024 $780,000 284 FLAGSTAFF RD
01-02-2024 $775,000 3 HILLTOP AVE
24-01-2024 $100,000 4 WERINGA AVE
22-01-2024 $710,000 2 / 5 MELINDA GR
19-01-2024 $835,000 1 / 164 SHEARWATER DR
17-01-2024 $866,000 4 HILLTOP AVE
12-01-2024 $987,000 49 HASSAN ST
21-12-2023 $780,000 283 FLAGSTAFF RD

Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

WarrawongCringilaBerkeleyCoomaditchiePrimbeePort KemblaSpring HillUnanderraKanahookaWindang

Public Transport


General Points of Interest

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