5/2C King StreetLake Illawarra NSW 2528
Property Details for 5/2c King St, Lake Illawarra
5/2c King St, Lake Illawarra is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1976. The property has a land size of 1113m2 and floor size of 63m2. While the property is not currently for sale or for rent, it was last sold in May 2026. There are other 2 bedroom Unit sold in Lake Illawarra in the last 12 months.
Last Listing description (May 2026)
Located just one street from the pristine waters edge of Lake Illawarra, this ground floor unit presents an excellent chance to secure an affordable property in a sought-after lakeside pocket. Offering a practical layout, solid construction, and scope to update, it's well suited to buyers ready to unlock future potential.
Some of the homes features include:
- Two-bedroom layout with comfortable room sizes
- Solid double-brick building
- Handy Covered carport
- Open plan layout with scope to renovate or refresh
- Ideal project for owner occupiers or the savvy investor
- Highly desirable location close to the lake and foreshore walks
- Convenient access to local shops, cafes, schools and public transport
Call Mark De Cresci from Ellem&Co Real Estate on 0422 744 097 or Klayten Searl on 0408 868 547 for your inspection today.
Property History for 5/2c King St, Lake Illawarra, NSW 2528
- 01 May 2026Sold for $525,000
- 03 Feb 2026Listed for Sale Price Guide $565,000
- 20 Jun 1994Sold for $83,500
Recent sales nearby
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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.
Suburb Insights for Lake Illawarra 2528
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