Home/Properties/Lake Illawarra/2/39 Reddall Parade
2/39 Reddall Parade, Lake Illawarra$717,500
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2/39 Reddall Parade

Lake Illawarra, NSW 2528, Australia
$695,000 – $740,000
2 bed 1 bath 1 car

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About this property

Breathtaking lake views, a beautifully updated interior and an unbeatable lifestyle address combine in this impressive lakeside unit, delivering an outstanding opportunity for first home buyers, downsizers and investors alike. Perfectly positioned in a sought-after waterfront setting, this two-bedroom residence captures stunning views over Lake Illawarra straight from the front door, offering a sense of calm, space and lifestyle that is hard to match. The property is a 2-bedroom, 1-bathroom, 1-car unit in a tightly held Lake Illawarra location. Inside, the home has been tastefully updated and features a modern kitchen, creating a fresh and inviting space that is ready to move straight into or lease out immediately. Designed for easy living, the layout is practical and low maintenance, while the updated finishes add a modern touch that will appeal to buyers looking for comfort without the need for further work. What truly sets this property apart is its exceptional position. Set along iconic Reddall Parade, you are just moments from the foreshore, walking and cycling tracks, local parks, schools, shops and everyday conveniences, all while enjoying one of the area's most scenic outlooks. It is the kind of address that offers both a relaxed coastal lifestyle and long-term value. Whether you are looking to secure your first home, downsize into a convenient waterfront position, or add a smart low-maintenance asset to your portfolio, this updated unit presents a rare chance to buy into one of Lake Illawarra's most desirable lakeside pockets.

Property Details

Property Type
apartment
Listing Type
For Sale
Bedrooms
2
Bathrooms
1
Parking
1
Listed
3 months ago

Repayment calculator

$3,478/month
$1,739 /fortnight
Loan $574,000 at 6.10% over 30 years

Upfront costs

Deposit$143,500
Stamp duty$22,942
Conveyancing (est.)$2,000
Total upfront$168,442
Verify with NSW revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Lake Illawarra

This 2-bedroom apartment in Lake Illawarra, NSW 2528 sits within reach of public transport, local shops and nearby schools. It is listed 24% below the $940,000 median of 59 comparable apartmentswithin 5 km.

Schools near Lake Illawarra

  • Lake Illawarra South Public Schoolprimary · K-6 · CoEd
  • Lake Illawarra High Schoolsecondary · 7-12 · CoEd

What's nearby

  • Peterborough Av opp View St (bus)289 m away
  • Woolworths558 m away
  • Reddall Reserve179 m away
  • Graham Park237 m away
  • Keith Fletcher Park446 m away

Lake Illawarra at a glance

Full suburb profile
Population
3,288
Median age
43
Household income
$1,069/wk
Median rent
$328/wk
Median mortgage
$1,733/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Lake Illawarra price trend

Median sold · House 2 bed

Compound growth +4.3% / yr over 4 yrs

$709kcurrent median

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2 price changes recorded for this property

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