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
|
14 CANBERRA RD, LAKE HEIGHTS, NSW, 2502 |  3 |
 1 |
 1 |
$865,000 |
|
|
UNIT 1, 310 FLAGSTAFF RD, LAKE HEIGHTS, NSW, 2502 | 0 |
0 |
0 |
$460,000 - $500,000 |
|
3 ARNOLD CR, LAKE HEIGHTS, NSW, 2502 | 4 |
4 |
2 |
Price Guide $2,300,000 - $2,400,000 |
|
90 WERINGA AV, LAKE HEIGHTS, NSW, 2502 | 4 |
2 |
1 |
740000 |
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
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 | |
|---|---|---|---|---|---|---|---|
| Jan | 3.6 | 17.6 | 26.7 | 58.6 | 97.6 | 3.6 | 19.8 |
| Feb | 7.6 | 18.0 | 25.6 | 62.8 | 97.6 | 3.6 | 17.0 |
| Mar | 5.2 | 15.6 | 24.6 | 58.2 | 97.5 | 3.4 | 14.2 |
| Apr | 1.0 | 11.2 | 23.5 | 48.4 | 97.2 | 3.2 | 13.2 |
| May | 3.8 | 9.4 | 20.1 | 50.8 | 92.6 | 3.9 | 10.0 |
| Jun | 0.9 | 8.2 | 18.2 | 52 | 91.7 | 3.9 | 9.7 |
| Jul | 6.2 | 7.4 | 17.9 | 53.5 | 94.8 | 4.1 | 9.9 |
| Aug | 4.1 | 7.0 | 19.0 | 42.5 | 89.4 | 4.6 | 12.8 |
| Sept | 0.9 | 9.0 | 21.6 | 43.4 | 93.9 | 4.1 | 16.5 |
| Oct | 3.7 | 12.2 | 22.9 | 54 | 96.6 | 3.6 | 17.6 |
| Nov | 1.2 | 13.2 | 25.8 | 47.3 | 96 | 4.2 | 22.9 |
| Dec | 2.4 | 16.3 | 24.7 | 57.5 | 96 | 4 | 18 |
source: Australian Government Bureau of Meteorology
Recently Sold Properties / House Prices
| 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 |
| 20-12-2023 | $797,000 | 25 BUENA VISTA AVE |
Internet Speed
Download 25 Mbps / Upload 5 MbpsNearby Suburbs
Public Transport
Unanderra - Less than 5 KM
Wollongong - Less than 10 KM
North Wollongong - Less than 10 KM
Lysaghts - Less than 5 KM
Coniston - Less than 10 KM
Cringila - Less than 5 KM
Port Kembla - Less than 5 KM
Port Kembla North - Less than 5 KM
Dapto - Less than 10 KM
Kembla Grange - Less than 5 KM
General Points of Interest
Vietnam War Memorial - Less than 10 KM
Snake Pit Basket Ball Stadium - Less than 10 KM
Multi-Purpose Unit - Less than 10 KM
Berkeley Sports & Social - Less than 2 KM
Berkeley Sports & Social - Less than 2 KM
Lawrence Hargrave Memorial (UOW art collection) - Less than 10 KM
Skydive the Beach Sydney Wollongong - Less than 10 KM
Kembla Grange Race Course - Less than 5 KM
Westfield Warrawong - Less than 5 KM
Nan Tien Gratitude Bell - Less than 5 KM
Lysaght's Rec Club - Less than 5 KM
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