92 Addison Avenue, Lake Illawarra, NSW 2528 | House for sale | OnTheHouse
 
FOR SALE
AUCTION

92 Addison Avenue
Lake Illawarra NSW 2528

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Land area: 650m2
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Auction Time
Wed 17 Dec 5:30 pm
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No upcoming inspections scheduled.
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650m² level block - Prime development site (STCA)

Set on a perfectly flat and generous 650m² block, this property offers huge potential for development while still providing a very rentable three-bedroom home in a high-demand location.
The existing home is neat, solid and easy to lease immediately, with a functional layout and drive-through access to a single car garage. It's the ideal "buy now, plan later" opportunity.
What really stands out here is the position. You're in a quiet, family-friendly street yet only minutes from everything: Warilla Grove, the Lake Illawarra foreshore, Shellharbour Village cafés and restaurants, The Marina at Shell Cove, and major shopping and transport hubs in both Warilla and Windang. It's a location that stays consistently strong with renters, developers and homeowners.
• Flat 650m² block with excellent development scope (STCA)
• Very rentable 3/1/1 home with a single car garage
• Wide, level and usable land
• Minutes to Shellharbour Village, The Marina & stunning local beaches
• Close to Warilla Grove Shopping Centre
• Walk to schools, parks and public transport
A rare opportunity to secure a quality block in a tightly held, ultra-convenient pocket with massive future upside.

Property Details for 92 Addison Ave, Lake Illawarra

92 Addison Ave, Lake Illawarra is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 650m2. The place is currently for sale with Ray White Shellharbour City.

Building Type
House
Land Size
650m2
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About Lake Illawarra 2528

The size of Lake Illawarra is approximately 2.1 square kilometres. It has 11 parks covering nearly 24.0% of total area. The population of Lake Illawarra in 2016 was 3163 people. By 2021 the population was 3288 showing a population growth of 4.0% in the area during that time. The predominant age group in Lake Illawarra is 60-69 years. Households in Lake Illawarra are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Lake Illawarra work in a trades occupation.In 2021, 47.60% of the homes in Lake Illawarra were owner-occupied compared with 46.80% in 2016.

Lake Illawarra has 2,032 properties. Over the last 5 years, Houses in Lake Illawarra have seen a 64.69% increase in median value, while Units have seen a 70.11% increase. As at 30 November 2025:

  • The median value for Houses in Lake Illawarra is $945,045 while the median value for Units is $748,392.
  • Houses have a median rent of $630 while Units have a median rent of $580.
There are currently 9 properties listed for sale, and 6 properties listed for rent in Lake illawarra on OnTheHouse. According to Cotality's data, 77 properties were sold in the past 12 months in Lake illawarra.

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Suburb Insights for Lake Illawarra 2528

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Rome Mcgrath
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Adam Mcgrath
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Ray White Shellharbour City
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