8/3 Commerce Drive, Lake Illawarra, NSW 2528 | Property Value & History | OnTheHouse
OFF MARKET

8/3 Commerce Drive
Lake Illawarra NSW 2528

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 65m2
Land area: 1949m2
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Last updated 10 Aug 2026
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Property Details for 8/3 Commerce Dr, Lake Illawarra

8/3 Commerce Dr, Lake Illawarra is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1989. The property has a land size of 1949m2 and floor size of 65m2. While the property is not currently for sale or for rent, it was last sold in June 2025.

Building Type
Unit
Year Built
1989
Floor Size
65m2
Land Size
1949m2
Local Government
Shellharbour
Lot/Plan
8/SP35137

Last Listing description (June 2026)

renovated | private | lifestyle

Situated only moments to Warilla beach and set in a sought-after coastal position, this renovated and low maintenance townhouse is the perfect opportunity for investors and first home buyers. You are within an easy level walk to all conveniences including schools, Lake Illawarra, cycle tracks and cafes.

what you will love

> open living with private access to the beautifully landscaped courtyard
> well-appointed living on the ground floor flowing to the courtyard
> modern kitchen with gas cooking and stainless-steel appliances
> two well appointed bedrooms, both featuring built-in wardrobes
> downstairs powder room and internal laundry
> covered outdoor entertaining, yard and garden shed
> large single detached garage, mezzanine level for extra storage
> dedicated single parking space at the front door
> leased to excellent tenants for $560 pw
> quiet and well presented complex with lots of parks close by just steps to the beach
> 50 m to a walkway throughto the beach
> twenty minutes drive to Wollongong, five minutes to the centre of Shellharbour
> council = $1,612 pa, water = $688 pa, strata = $665 pq

Whilst every effort has been made to ensure the accuracy and thoroughness of the information provided to you in our marketing material, we cannot guarantee the accuracy of the information provided by our vendors, and as such, Molenaar and McNeice 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.

Property History for 8/3 Commerce Dr, Lake Illawarra, NSW 2528

A timeline of how this property has performed in the market
Last Sold
$702,000
06 Jun 2025
Listed for Rent
$560/w
16 Jul 2024
  • 06 Jun 2025
    Sold for $702,000
  • 23 May 2025
    Listed for Sale $702,000
  • 26 Jun 2024
    Listed for Rent $560 / week
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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 2,054 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 17 properties listed for sale, and 7 properties listed for rent in Lake illawarra on OnTheHouse. According to Cotality's data, 75 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.