1/8 Peterborough Avenue, Lake Illawarra, NSW 2528 | Property Value & History | OnTheHouse
OFF MARKET

1/8 Peterborough Avenue
Lake Illawarra NSW 2528

Bedrooms: 2
Bathrooms: 8
Car spaces: 1
Land area: 1013m2
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Property Details for 1/8 Peterborough Ave, Lake Illawarra

1/8 Peterborough Ave, Lake Illawarra is a 2 bedroom, 8 bathroom Unit with 1 parking spaces and was built in 1980. The property has a land size of 1013m2. While the property is not currently for sale or for rent, it was last sold in July 2001.

Building Type
Unit
Year Built
1980
Land Size
1013m2
Local Government
Shellharbour
Lot/Plan
1/SP15297

Last Listing description (August 2012)

Investment opportunity with further potential!
Lifestyle - A wonderful opportunity to add this solid investment to your property portfolio. Ideally located within a short walking distance to Warilla beach, lake foreshore or just a 10 minute drive to Shellharbour village and Wollongong CBD.
Accommodation - A 2 storey brick complex comprising 8 neat and tidy 2 bed units all with open plan kitchen, dining, living areas, bathroom, internal laundry and carport.

Features - Currently returning $1860 per week with a strong tenancy history. The complex is also DA approved for an 8 lot strata subdivision and addition of four courtyards
Additional feature/s - Close to Transport.

Property History for 1/8 Peterborough Ave, Lake Illawarra, NSW 2528

A timeline of how this property has performed in the market
Last Sold
$950,000
24 Jul 2001
  • 24 Aug 2011
    Listed for Sale CONTACT AGENT
  • 24 Jul 2001
    Sold for $950,000
  • 17 Mar 1999
    Sold for $80,000
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About Lake Illawarra 2528

The size of Lake Illawarra is approximately 2.1 square kilometres. There are 11 parks, covering nearly 24.0% of the 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 2,062 properties. Over the last 5 years, Houses in Lake Illawarra have seen a 27.18% increase in median value, while Units have seen a 27.64% increase. As at 31 August 2026:

  • The median value for Houses in Lake Illawarra is $930,995 while the median value for Units is $712,464.
  • Houses have a median rent of $660 while Units have a median rent of $580.
There are currently 23 properties listed for sale, and 7 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.

Suburb Insights for Lake Illawarra 2528

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality 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 Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.