2/85 Addison Avenue, Lake Illawarra, NSW 2528 | Property Value & History | OnTheHouse
OFF MARKET

2/85 Addison Avenue
Lake Illawarra NSW 2528

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 121m2
Land area: 697m2
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Last updated 7 Sep 2026
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Property Details for 2/85 Addison Ave, Lake Illawarra

2/85 Addison Ave, Lake Illawarra is a 3 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1992. The property has a land size of 697m2 and floor size of 121m2. While the property is not currently for sale or for rent, it was last sold in June 2025.

Building Type
Unit
Year Built
1992
Floor Size
121m2
Land Size
697m2
Local Government
Shellharbour
Lot/Plan
2/SP42542

Last Listing description (July 2025)

Centrally located in a small complex of three, this home is one to see! Blending aged charm with modern design, this homely three bedroom townhouse offers exceptional living spaces, while embracing the low maintenance lifestyle.

Some of the homes features include:
- Spacious living with air-conditioned comfort and floating floors throughout

- Three generously sized bedrooms, a balcony and walk in wardrobe off the main
- Updated kitchen and dining open out to the lovely covered entertaining area
- Renovated bathroom plus a second shower and toilet downstairs
- Private low maintenance courtyard plus a single lock up garage

For your own private viewing, please contact Jessica or Daniel Ellem from Ellem&Co Real Estate on 0410868632

Property History for 2/85 Addison Ave, Lake Illawarra, NSW 2528

A timeline of how this property has performed in the market
Last Sold
$715,000
04 Jun 2025
Listed for Rent
$400/w
07 Oct 2016
  • 04 Jun 2025
    Sold for $715,000
  • 13 Aug 2024
    Listed for Sale New To Market
  • 12 Nov 2021
    Sold for $665,000
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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 24 properties listed for sale, and 7 properties listed for rent in Lake illawarra on OnTheHouse. According to Cotality's data, 80 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.