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Lake Illawarra is in Shellharbour LGA, NSW, postcode 2528, with population 3,288.
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There are enough stretched or weaker signals here that you should assume trade-offs rather than a clean story. Use compare mode to see whether the downside is price, local quality, or weaker momentum before treating it as a target suburb.
The local employment base leans toward healthcare and construction. Local earnings momentum is not available from the linked ATO series. NSW employment is up +0.3% year-on-year (+14K jobs) and +11.3% over five years in the official NERO dataset. Read this as a broader state jobs backdrop combined with local employment mix, not a suburb-only new-jobs count.
NSW has 37 Commonwealth-backed major projects under construction, 5 underway, and 75 in planning as at 2024-10-02. This suburb also matches 28 local transport stops or stations, which adds nearby access context but does not prove direct project exposure. Read this as a state delivery backdrop, not a suburb-specific project list.
Lake Illawarra is a smaller suburb in New South Wales within the Shellharbour local government area (postcode 2528). With a population of 3,288, the suburb has an established demographic with a median age of 43. Households earn a median income of $56K per year, with an average household size of 2.1 people. NSW employment has moved +0.3% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. NSW also had 37 Commonwealth-backed major projects under construction, 5 underway, and 75 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are technicians & trades, community & personal service, professionals. Employment in the area leans toward healthcare and construction. The top ancestries reported are English, Australian, Scottish.
This suburb mixes release datasets, Census data, and matched local services. Use the data status block before treating every metric as equally fresh.
QuickProperty mixes release files, Census baselines, and matched local services on this page. Read the status panel before treating every metric as equally fresh.
Manual release files parsed into suburb prices
Use current rent as a starting signal, not as a fixed underwriting truth.
Schools, transport, and hospitals are useful as presence signals, but they still have different source cadences.
Direct signals include Property prices, Market rent, Crime, and Schools. Missing or weaker areas are still shown so the page does not overstate precision.
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Property prices, Market rent, Crime, Schools
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Hospitals, Population growth, Building approvals
Transport coverage adds a practical access signal. No major decision caution is visible from the current evidence layer.
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Transport coverage adds a practical access signal.
No major caution is visible beyond the normal source checks.
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Lake Illawarra is a smaller suburb in New South Wales within the Shellharbour local government area (postcode 2528). With a population of 3,288, the suburb has an established demographic with a median age of 43. Households earn a median income of $56K per year, with an average household size of 2.1 people. NSW employment has moved +0.3% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. NSW also had 37 Commonwealth-backed major projects under construction, 5 underway, and 75 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are technicians & trades, community & personal service, professionals. Employment in the area leans toward healthcare and construction. The top ancestries reported are English, Australian, Scottish.
The median house price in Lake Illawarra is $800,000, having dropped significantly 9.1% over the past year. Units have a median price of $858,000 (+19.9% YoY). The current median weekly rent is $670. This gives a gross rental yield of approximately 4.4%. The median monthly mortgage repayment is $1,733.
Lake Illawarra is served by 2 schools, including 1 primary, 1 secondary. The average ICSEA score is 924, which is below the national average of 1,000. Public transport access includes 28 bus stops. The crime rate in the Shellharbour LGA is below average at 2,862 incidents per 100,000 population.
From an investment perspective, Lake Illawarra offers a gross rental yield of 4.4%, rated as moderate yield. Property prices sit below the state median ($800K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 14.4x is considered stretched. House prices have moved -9.1% year-on-year.
Lake Illawarra is a smaller suburb in New South Wales within the Shellharbour local government area (postcode 2528). With a population of 3,288, the suburb has an established demographic with a median age of 43. Households earn a median income of $56K per year, with an average household size of 2.1 people. NSW employment has moved +0.3% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. NSW also had 37 Commonwealth-backed major projects under construction, 5 underway, and 75 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are technicians & trades, community & personal service, professionals. Employment in the area leans toward healthcare and construction. The top ancestries reported are English, Australian, Scottish.
The median house price in Lake Illawarra is $800,000, having dropped significantly 9.1% over the past year. Units have a median price of $858,000 (+19.9% YoY). The current median weekly rent is $670. This gives a gross rental yield of approximately 4.4%. The median monthly mortgage repayment is $1,733.
Lake Illawarra is served by 2 schools, including 1 primary, 1 secondary. The average ICSEA score is 924, which is below the national average of 1,000. Public transport access includes 28 bus stops. The crime rate in the Shellharbour LGA is below average at 2,862 incidents per 100,000 population.
From an investment perspective, Lake Illawarra offers a gross rental yield of 4.4%, rated as moderate yield. Property prices sit below the state median ($800K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 14.4x is considered stretched. House prices have moved -9.1% year-on-year.