Lake Illawarra, 2528 ranked 95th in NSW when comparing growth in median property values or capital gain over the last 12 months. Lake Illawarra is one of 3163 in our list for NSW
A 85.74% growth in median value for property investors in Lake Illawarra,2528 puts this suburb at number 148th in terms of best performing suburbs in NSW
Our latest figures would indicate that property sellers in Lake Illawarra are currently offering property investors an average price cut of -3.04% below the asking price at the moment.
Renters in Suburb are facing rents around $5160 per annum or $430 every week.
With a capital gain of 28.46% for the last 12 months, Lake Illawarra, 2528 has performed for property investments than its average annual 8.91% property growth over the last 5 years.
Taking the average capital gain, or increase in median house value, Lake Illawarra,2528 has racked up an average of 28.46% over the period. This ranks it number 30th in the whole country for real estate investors looking at median house price increases.
The most recent median price for Lake Illawarra is $510000, with sellers offering an average of -2.18% off the asking price.
Residents and property investors in Lake Illawarra have been waiting around 26.52 days to sell a property.
Property investors should expect to get $360 weekly from the median priced house in this suburb.