Lake Illawarra, NSW

366 sales · the past 2 years · NSW Valuer General

Lake Illawarra recorded 366 residential sales in the past 2 years, comprising Apartments at a median of $750,000 (199 sales); Houses at a median of $905,000 (131 sales); and Townhouses at a median of $912,500 (36 sales). The median apartment price was $750,000. Apartment prices ranged from $525k to $1.6M.
Median price
$750k
Apartments · 2 years
Sales (the past 2 years)
199
Active market
Price range
$525k–$1.6M
10th–90th pct
BudgetMarket accessGradeEst. properties
$500,000 7% D — Very limited ~14 of 199
$625,000 26% C — Limited ~52 of 199
$750,000 51% B — Competitive ~101 of 199
$1,025,000 89% A — Strong access ~177 of 199
Under $400k
1%
$400k–$600k
18%
$600k–$900k
59%
$900k–$1.4M
12%
Over $1.4M
11%

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What is the median apartment price in Lake Illawarra?

The median apartment price in Lake Illawarra was $750,000 in the past 2 years, based on 199 recorded sales from the NSW Valuer General.

Is Lake Illawarra affordable on a $625,000 budget?

A $625,000 budget gives access to approximately 18% of the Lake Illawarra apartment market — a limited but not impossible position. You would be competing for properties at the lower end of the market.

How many apartments sold in Lake Illawarra in the past 2 years?

199 apartments were recorded in Lake Illawarra in the past 2 years by the NSW Valuer General. This classifies it as an active market (30+ sales per year).

What is the price range for apartments in Lake Illawarra?

Sale prices in Lake Illawarra ranged from $525,000 (10th percentile) to $1,600,000 (90th percentile) in the past 2 years.