55 Reddall Parade, Lake Illawarra, NSW 2528 | Property Value & History | OnTheHouse
OFF MARKET

55 Reddall Parade
Lake Illawarra NSW 2528

Bedrooms: 6
Bathrooms: 5
Car spaces: 5
Floor area: 196m2
Land area: 506m2
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Property Details for 55 Reddall Pde, Lake Illawarra

55 Reddall Pde, Lake Illawarra is a 6 bedroom, 5 bathroom House with 5 parking spaces. The property has a land size of 506m2 and floor size of 196m2. While the property is not currently for sale or for rent, it was last sold in July 2005.

Building Type
House
Floor Size
196m2
Land Size
506m2
Local Government
Shellharbour
Lot/Plan
1/DP183011

Last Listing description (June 2026)

PRIVATE INSPECTIONS ONLY

Contact Rachael Griffin of First National Wollongong to request your private viewing on 0414 601 336.

Directly opposite Reddall Reserve "Luxe on the Lake" sits on the pristine foreshores of Lake Illawarra. This architecturally designed, near-new residence delivers an exceptional standard of modern living with breathtaking water views and unmatched lifestyle appeal.

Showcasing a striking contemporary design, the property comprises a spacious four-bedroom main residence plus a fully self-contained two-bedroom granny flat-ideal for extended families, multigenerational living, guest accommodation or investment versatility.

The main home features expansive open-plan living areas complemented by a designer kitchen with butler's pantry, quality appliances and seamless indoor-outdoor flow. Two generous balconies capture panoramic lake views, creating the perfect setting for entertaining or relaxing while overlooking the reserve and water beyond.

Comfort and functionality are evident throughout, with ducted air conditioning and heating, a gas fireplace, ceiling fans in all bedrooms and multiple living zones including a lower-level lounge with wet bar/kitchenette, ideal for teenagers or hosting guests. Premium finishes and thoughtful inclusions elevate the home's sense of luxury and ease of living.

Outdoors, enjoy a landscaped backyard complete with firepit and outdoor shower, while a large secure underground parking area accommodates up to five vehicles.

Positioned just metres from the lake's edge, playgrounds and walking paths, and within easy reach of Warilla and Windang beaches, shopping centres, Shellharbour Village and Wollongong, this is a rare opportunity to secure a high-end home in one of Lake Illawarra's most desirable waterfront pockets.

Property highlights include:
- Prime lakefront position opposite Reddall Reserve
- Sweeping water views from multiple living areas and balconies
- Main residence plus fully self-contained two-bedroom granny flat
- Total of six bedrooms and five bathrooms
- Designer kitchen with butler's pantry and premium appliances
- Multiple living zones including lower-level entertaining space
- Ducted heating and cooling, gas fireplace and quality finishes throughout
- Secure underground parking for up to five cars
- Walk to lakefront, parks, beaches and local amenities

A truly impressive lifestyle property offering space, flexibility and luxury in an unbeatable lakeside location.

Disclaimer: Whilst every effort has been made to ensure the accuracy and thoroughness of the information provided to you, we cannot guarantee the accuracy of the information provided by our vendors, and as such, First National Wollongong makes no statement, representation or warranty, and assumes no legal liability in relation to the accuracy of the information provided. Interested parties should conduct their own due diligence in relation to each property they are considering purchasing. All photographs, maps and images are representative only, for marketing purposes.

Property History for 55 Reddall Pde, Lake Illawarra, NSW 2528

A timeline of how this property has performed in the market
Last Sold
$480,000
21 Jul 2005
Listed for Rent
07 Aug 2015
  • 30 Jan 2026
    Listed for Sale $3,990,000
  • 05 Aug 2015
    Listed for Rent $440 / week
  • 16 Feb 2011
    Listed for Rent - Price not available
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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 2,053 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 18 properties listed for sale, and 8 properties listed for rent in Lake illawarra on OnTheHouse. According to Cotality's data, 73 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.