5/8 Peterborough Avenue, Lake Illawarra, NSW 2528 sold on 10 December 2024 | OnTheHouse
 
SOLD
Sold on 10 Dec 2024 for $565,000

5/8 Peterborough Avenue
Lake Illawarra NSW 2528

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
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Property Details for 5/8 Peterborough Ave, Lake Illawarra

5/8 Peterborough Ave, Lake Illawarra is a 3 bedroom, 1 bathroom Unit with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in December 2024. There are other 3 bedroom Unit sold in Lake Illawarra in the last 12 months.

Building Type
Unit

Last Listing description (December 2024)

Spacious and idyllic lake and beach lifestyle

A rare three-bedroom offering in a prime coastal locale, this comfortable ground floor apartment is just the right size for an empty nester or growing family. Set privately to the rear in a peaceful block of six opposite Graham Park, it provides a wonderfully walkable lifestyle approximately 500m from the lakeside path and Reddall Reserve playground and only approx. 650m from Warilla North Beach.

- Coveted family-friendly pocket surrounded by green space, sand and sea

- Fantastic entry level, investment or retirement option – just in time for summer
- Timber floorboards throughout, neat kitchen with ample cupboard storage
- Open-plan lounge/dining area leading to charming undercover balcony
- Bright tiled bathroom featuring a storage vanity, toilet and shower over tub
- Three built-in wardrobes plus large linen press, internal laundry, carport
- Approx. 450m to Warilla Grove shops, 1.1km to Lake Illawarra South Public School
- Footsteps to public transport for Stockland Shellharbour (approx. 95m), Wollongong CBD (approx. 120m)

The below rates are provided as a guide:
Council rates $445.85pq approx.
Water rates $172.79pq approx.
Strata rates $950.00pq approx.

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Property History for 5/8 Peterborough Ave, Lake Illawarra, NSW 2528

A timeline of how this property has performed in the market
Last Sold
$565,000
10 Dec 2024
Listed for Rent
$380/w
10 Feb 2017
  • 10 Dec 2024
    Sold for $565,000
  • 30 Oct 2024
    Listed for Sale $565,000
  • 08 Oct 2021
    Sold for $570,000
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About Lake Illawarra 2528

The size of Lake Illawarra is approximately 2.1 square kilometres. It has 11 parks covering nearly 24.0% of 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 2,032 properties. Over the last 5 years, Houses in Lake Illawarra have seen a 64.69% increase in median value, while Units have seen a 70.11% increase. As at 30 November 2025:

  • The median value for Houses in Lake Illawarra is $945,045 while the median value for Units is $748,392.
  • Houses have a median rent of $630 while Units have a median rent of $580.
There are currently 8 properties listed for sale, and 5 properties listed for rent in Lake illawarra on OnTheHouse. According to Cotality's data, 78 properties were sold in the past 12 months in Lake illawarra.

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Barbara Cooper
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