11/5 Commerce Drive, Lake Illawarra, NSW 2528 | Property Value & History | OnTheHouse
OFF MARKET

11/5 Commerce Drive
Lake Illawarra NSW 2528

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 94m2
Land area: 2470m2
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Property Details for 11/5 Commerce Dr, Lake Illawarra

11/5 Commerce Dr, Lake Illawarra is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1990. The property has a land size of 2470m2 and floor size of 94m2. While the property is not currently for sale or for rent, it was last sold in October 2024.

Building Type
Unit
Year Built
1990
Floor Size
94m2
Land Size
2470m2
Local Government
Shellharbour
Lot/Plan
12/SP37711

Last Listing description (December 2024)

Immerse yourself in the relaxed South Coast lifestyle with this delightful two-bedroom townhouse, perfectly positioned between the tranquil Lake Illawarra foreshore and the beautiful Warilla Beach.

The upper level includes two spacious bedrooms with built-in wardrobes and a well-appointed main bathroom. The lower level features a comfortable lounge room, a dining area, and a classic kitchen that offers potential for your personal touch. Additionally, there is a convenient second bathroom in the laundry.

Outside, you'll enjoy an open courtyard that's perfect for relaxing in the fresh air or hosting intimate gatherings, along with a single lock-up garage for added convenience.

This property combines charm and opportunity in a sought-after location. Don't miss your chance to make this inviting South Coast townhouse your own.

Property History for 11/5 Commerce Dr, Lake Illawarra, NSW 2528

A timeline of how this property has performed in the market
Last Sold
$630,000
31 Oct 2024
  • 31 Oct 2024
    Sold for $630,000
  • 27 Aug 2024
    Listed for Sale Guide $629,000
  • 09 Oct 1996
    Sold for $118,000
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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 2,056 properties. Over the last 5 years, Houses in Lake Illawarra have seen a 35.98% increase in median value, while Units have seen a 27.42% increase. As at 31 July 2026:

  • The median value for Houses in Lake Illawarra is $967,845 while the median value for Units is $696,089.
  • Houses have a median rent of $650 while Units have a median rent of $580.
There are currently 18 properties listed for sale, and 9 properties listed for rent in Lake illawarra on OnTheHouse. According to Cotality's data, 76 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.