Real Estate & Finance

Property Report & Market Data In Lake Illawarra

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Average Market Value In Lake Illawarra

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Property values in Lake Illawarra have shown moderate growth in recent years, driven by demand for affordable coastal living within reach of Wollongong. Houses and units remain relatively affordable compared to metropolitan Sydney.

765000

Median House Price

4.8 %

House Price Growth

552000

Median Unit Price

2.6 %

Unit Price Growth

Sales Trends In Lake Illawarra

Stay ahead of the fast-moving sales trends around Lake Illawarra

Sales activity remains steady, with most listings for houses selling within four weeks and units within five. Vendor discounts are minimal due to strong buyer interest.

42

Total Houses Sold

28

Total Units Sold

28

Days On Market (Houses)

2.3

Vendor Discount

Local Population Movement In Lake Illawarra

Learn who is moving in and out of Lake Illawarra! Is it on the rise or decline?

There has been steady population growth, with some younger families moving in from metropolitan areas seeking affordability and lifestyle benefits. The area also retains a mix of longstanding residents and retirees.

5481

Population Size In Lake Illawarra

3.5

Population Growth In Lake Illawarra

35-44

Dominant Age Group InLake Illawarra

Couples with children

Household Types In Lake Illawarra

Market Decline or Growth Indicators For Lake Illawarra

Learn who is moving in and out of Lake Illawarra! Is it on the rise or decline?

Lake Illawarra's property market is experiencing low inventory and increased buyer competition, resulting in moderate price growth and strong rental demand.

4.5

Annual Price Growth In Lake Illawarra

72

Sales Activity Rate In Lake Illawarra

1.5

Average Stock Inventory Time InLake Illawarra

Rental Yields and Demand In Lake Illawarra

Find out if this is a good investment opportunity buying real estate in and around Lake Illawarra

Rental yields are solid across both houses and units, supported by high demand from families and singles seeking affordable lakeside living.

42

Total Houses Sold

28

Total Units Sold

28

Days On Market (Houses)

1024

Days On Market (Units)

2036

Hours Spent

2.3

Vendor Discount

Affordability and Finance Options For Lake Illawarra

Home Loans: Financing Your Dream Home In Lake Illawarra. Get Pre-Approved Today.

42

Total Houses Sold

28

Total Units Sold

28

Days On Market (Houses)

1024

Days On Market (Units)

2036

Hours Spent

2.3

Vendor Discount

Lifestyle and Amenities In and Around Lake Illawarra

Lake Illawarra Lifestyle: Why Live Here

Lake Illawarra offers a relaxed lakeside lifestyle with recreational activities such as fishing, boating, walking tracks, and picnic areas. Residents enjoy access to local shopping centres, schools, and nearby beaches. The area is well-serviced by public transport and community facilities, making it popular with families and retirees.

7

Parks Count

2

Suburb Area

90

Distance To CBD

Property Type Breakdown Lake Illawarra

Lake Illawarra Properties: Houses vs. Units

42

Total Houses Sold

28

Total Units Sold

28

Days On Market (Houses)

1024

Days On Market (Units)

2036

Hours Spent

2.3

Vendor Discount

Lake Illawarra Suburb Information

Lake Illawarra Suburb Stats

State: New South Wales

City: Wollongong

Population: 5,481

Postcode: 2528

Free Property Appraisal In Lake Illawarra

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