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Unit 1,
18 ADDISON AVENUE Lake Illawarra NSW 2528

This property is Off Market

All about Lake Illawarra Homes for sale in Lake Illawarra

Last sold 10/11/2024 for $760,000. The Average property price in this area is $811,573, this is based on recent transactions.
Internet speed Download 100 Mbps / Upload 40 Mbps
Distance to the coast 0.91 km
Potential bushfire risk 0 / 10
Report as to subsidence
Potential flood risk
Potential Land Contamination risk
Powerlines within 200m 0

Street view

Drive times

School Catchments

Property For Sale Nearby

Ray White 69 PUR PUR AV, 1500000 2 Beds - 1 Baths - 1 Parking Within 0.2 km Stone Real Estate UNIT 5, 8 PETERBOROUGH AV, Price Guide $580,000 3 Beds - 1 Baths - 1 Parking Within 0.4 km Ray White 16 MORAS PL, 730000 3 Beds - 1 Baths - 0 Parking Within 0.9 km

Recently Sold Properties in this Area

10/23/2024 2 PUR PUR AVE $2,255,000
10/11/2024 3 COMMERCE DR $600,000
10/11/2024 33 VIEW ST $1,350,000
10/4/2024 39 REDDALL PDE $660,000
10/2/2024 30 PETERBOROUGH AVE $650,000

About Warilla

With an average age of 44, households expect an average monthly mortgage payment of $1,733 or a weekly rent payment of $330. The average family earns a weekly income of $1,542 with a typical household size of 2.3 and a 92.59% employment rate.

In Lake Illawarra 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 Illawarra 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. The slightly lower than average earnings from occupations in Lake Illawarra changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Lower than average population density constrains growth in Lake Illawarra to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. Lower than average industry presence in Lake Illawarra 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 Illawarra a better buying opportunity than it may have been in the past.

Public Transport

Minnamurra train

Lysaghts

Cringila

Port Kembla train

Port Kembla North train

Oak Flats

Dapto

Kembla Grange train

Albion Park train

Shellharbour Junction

General Points of Interest

Boeing 747 City of Canberra Berkeley Sports & Social sport

Berkeley Sports & Social

Cowries Beach sport

Shellharbour City Stadium

Nan Tien Temple sport

Kembla Grange Race Course sport

Oak Flats Swimming Pool shopping

Westfield Warrawong

Nan Tien Gratitude Bell monument

Boston Memorial

Population

(Country of Birth not stated 5%)

Are people healthy?

There are a recorded 3312 asthma sufferers and 1547 people living with diabetes. In addition, 1537 people have a heart/vascular condition and 3455 people live with three or more chronic diseases.

A good place to invest in property?

Warilla a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.

Investability - Housing Demand

New South Wales State average 59 / 100

Income

10 / 100

31 / 100

Industry

17 / 100

22 / 100

Population

18 / 100

19 / 100

House Prices

47 / 100

60 / 100

Jobs

21 / 100

29 / 100

Disclaimer

Local Crime Rates

Incidents Trend State Average

Local Schools

School Catchments

Lake Illawarra HS Lake Illawarra SPS
Oak Flats High School
Oak Flats, NSW, 2529 State 7-12
Mount Warrigal Public School
Warilla, NSW, 2528 State P-6
Barrack Heights Public School
Barrack Heights, NSW, 2528 State K-6
Warilla High School
Barrack Heights, NSW, 2528 State 7-12
Peterborough School
Warilla, NSW, 2528 State U
Warilla North Public School
Warilla, NSW, 2528 State K-6
Lake Illawarra High School
Lake Illawarra, NSW, 2528 State 7-12
Windang Public School
Windang, NSW, 2528 State K-6

Property Story

Unit 1, 18 Addison Avenue, Lake Illawarra, Nsw, 2528 is a residential property . The estimated distance to the sea is only 0.91km and 0.27KM to vegatation considered to be a factor in bushfire risk.

Local Developments

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134 Acme Avenue Street, Town, State

Description - Details the application. Type and other information pertaining to the development application and more...

Authority Reference: UX0909823-GOV Website

The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.

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