27 Addison AvenueLake Illawarra NSW 2528
Property Details for 27 Addison Ave, Lake Illawarra
27 Addison Ave, Lake Illawarra is a 2 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 650m2. While the property is not currently for sale or for rent, it was last sold in May 2026. There are other 2 bedroom House sold in Lake Illawarra in the last 12 months.
Last Listing description (May 2026)
Presented by Adrian Necovski and CJ Bell-Beasley of One Agency Elite Property Group.
Positioned in a highly convenient pocket of Lake Illawarra, this property delivers a rare combination of immediate comfort and long-term upside. Set on a generous 650sqm R3 zoned parcel, it opens the door to a wide range of possibilities for homeowners, investors, or those looking to capitalise on future development potential (STCA). With no adjoining neighbour to one side and a clear rear boundary, the block offers exceptional accessibility that is becoming increasingly hard to find.
The existing residence is well-presented and functional, offering a practical layout that makes everyday living easy. A welcoming front living area is enhanced by natural light and a gas point for heating, while the kitchen with electric cooking connects seamlessly to the dining space, creating a comfortable hub for daily life.
Accommodation comprises two well-proportioned bedrooms, both featuring floorboards and an abundance of natural light. The bathroom is neatly appointed with a shower and vanity, complemented by the added convenience of a second toilet within the home.
Step outside and the true value of this property becomes clear. The expansive backyard provides a blank canvas with endless potential, whether you are considering extending, reconfiguring, or creating an entirely new vision (STCA). The open layout of the land lends itself perfectly to the addition of a granny flat or second dwelling, offering flexibility for extended family living or the opportunity to enhance your return.
Key Features
Generous 650sqm R3 zoned block with strong development potential (STCA)
No neighbouring property on one side, allowing excellent site access
Ideal for granny flat or dual occupancy potential (STCA)
Well-maintained two-bedroom home with functional layout
Light-filled living area with gas point for heating
Practical kitchen with electric cooking flowing into dining space
Expansive grassed backyard offering scope for extension or pool (STCA)
Garage with additional workshop or storage space
Approximately 800m to Warilla Grove Shopping Centre and eligible for Low and Mid-Rise Housing Policy
Less than 400m to the shores of Lake Illawarra, moments to Reddall Reserve and lakeside amenities
Property History for 27 Addison Ave, Lake Illawarra, NSW 2528
- 13 May 2026Sold for $1,000,000
- 13 Mar 2026Listed for Sale Offers Invited
Recent sales nearby
See more recent sales nearby/assets/perm/ivwk2fqojmi65gt6txvtqhnk3m?signature=28099ada713c90e462f4b6df01de3728c03e56c95d4c739d84262b223c8fdaf2){kind=logo}
0/assets/perm/65tmrx5fyui6vbx4qpeu445pd4?signature=c7b283f9e47b9c58173735e359d33cfaf99fba209ae77c1beb3f87b19443067e){kind=logo}
0
Similar properties For Sale nearby
See more properties for sale nearby
0
0
0
Similar properties For Rent nearby
See more properties for rent nearby
0
0
0About 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.
Suburb Insights for Lake Illawarra 2528
Market Insights
Lake Illawarra Trends for Houses
N/A
N/A
View TrendN/A
N/A
Lake Illawarra Trends for Units
N/A
N/A
View TrendN/A
N/A
Neighbourhood Insights
© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.
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.
This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.
X
