Suburb Guide · Shellharbour City Council
Lake Illawarra
A lakeside suburb offering relaxed living, water access and outstanding value.
$905,000
Median House
+0.7%
Annual Growth
30d
Avg Days on Market
92km
From Sydney
AboutLife in
Life in
Lake Illawarra
The suburb of Lake Illawarra sits on the southern shore of one of New South Wales' most beautiful coastal lakes. Residents enjoy direct water access for fishing, kayaking and sailing, with the lake reserve providing a stunning backdrop to everyday life. The suburb is well serviced by local shops, schools and transport, and offers some of the best value waterfront-adjacent living in the Illawarra.
Market DataProperty
Property
Snapshot
Median House Price$905,000
Median Unit Price$560,000
Median Weekly Rent$510 pw
Annual Capital Growth+0.7%
Avg. Days on Market30 days
Population4,200
Distance from Sydney92km
Highlights
What Makes Lake Illawarra Special
01Direct lake foreshore access
02Fishing, kayaking & water sports
03Lake reserve walking paths
04Affordable entry price
05Strong rental yield
EducationSchools &
Schools &
Education
Lake Illawarra South Public School
Warrawong High School
Our Lady of Lourdes Catholic Primary
LifestyleLocal
Local
Amenities
Lake Illawarra foreshore reserve
Warrawong Plaza
Princes Highway
Lake Illawarra boat ramp
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Lake Illawarra Property
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