3/33 Reddall Parade, Lake Illawarra, NSW 2528 | Property Value & History | OnTheHouse
OFF MARKET

3/33 Reddall Parade
Lake Illawarra NSW 2528

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 63m2
Land area: 1094m2
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Last updated 17 Aug 2026
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Property Details for 3/33 Reddall Pde, Lake Illawarra

3/33 Reddall Pde, Lake Illawarra is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1960. The property has a land size of 1094m2 and floor size of 63m2. While the property is not currently for sale or for rent, it was last sold in April 2024.

Building Type
Unit
Year Built
1960
Floor Size
63m2
Land Size
1094m2
Local Government
Shellharbour
Lot/Plan
3/SP15943

Last Listing description (June 2024)

This well presented first floor 2 bedroom unit is located in a highly sought after waterfront location with 180 degree views over Lake Illawarra and the lake's entrance.

The mezzanine studio above the garage provides an abundance of additional space and could suit a home-based business (STCA), work from home or the ultimate art studio.

Featuring:

- Solid double brick construction.
- Built in wardrobes to both bedrooms.
- Updated interior with modern kitchen and bathroom.
- Lock up garage with auto door plus shower, toilet and mezzanine studio.
- Stroll across the road to the safe swimming lagoon and walking/cycling paths.
- Close proximity to beach, transport, shopping centres and professional services.
- Full width front balcony is perfect to enjoy the amazing water views.
- Well maintained complex of 8 units.

This property would represent a fantastic lifestyle, investment opportunity or family holiday destination. There's nothing to be done, just move in and live every day like you are on holidays.

Strata Fees: $939.70 per quarter
Water Rates: $173.20 per quarter
Council Rates: $432.00 per quarter
Rental potential: $550-580 per week

Property History for 3/33 Reddall Pde, Lake Illawarra, NSW 2528

A timeline of how this property has performed in the market
Last Sold
$695,000
26 Apr 2024
Listed for Rent
$450/w
05 Apr 2020
  • 26 Apr 2024
    Sold for $695,000
  • 18 Apr 2024
    Listed for Sale $695,000
  • 09 Oct 2020
    Sold for $560,000
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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 2,055 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 16 properties listed for sale, and 6 properties listed for rent in Lake illawarra on OnTheHouse. According to Cotality's data, 81 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.