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48 Addison Avenue

Lake Illawarra, NSW 2528, Australia
$1.50m
5 bed 3 bath1055m²

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Area Price Guide
$1.41m$1.59m

Indicative price guide range

🏘️
63
Comparable
📊
$900,000
Area median
⚖️
+67%
vs median
📐
$1,422
Per m²
📏
1055 m²
Land
🗓️
1 month ago
Listed

Approximate location shown. Contact agent for exact address.

Property Insights

Schools · zoning · transport · traffic · flood · bushfire · crime · development · heritage

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About this property

Set on a substantial 1,055.9sqm (approx.) parcel, this versatile property presents an exceptional opportunity for families, investors, and developers alike. Positioned in one of Lake Illawarra's most convenient and lifestyle-driven locations, the possibilities here are as impressive as the land itself. Whether you're looking to move straight in, renovate, or explore future development potential (STCA), this is a rare offering where space, flexibility, and location align. The home itself is generously proportioned, offering multiple living zones, a functional layout, and seamless indoor-outdoor flow to a large covered alfresco - perfect for year-round entertaining. Outdoors, the expansive backyard provides endless space for families, future additions, or redevelopment, complete with a detached shed and wide side access. Property Features: - Expansive 1,055.9sqm (approx.) level block - R3 zoned - Strong development potential (STCA) - Multiple living areas including large family and lounge rooms - Functional kitchen with ample storage and bench space - Covered alfresco area ideal for entertaining - Generous bedrooms, including master with ensuite - Large backyard with plenty of room for kids, pets or future plans - Detached shed plus additional storage options - Wide frontage and side access for flexibility Location Highlights: - Moments to Lake Illawarra foreshore & walking tracks - Close to local schools, shops, and transport - Short drive to beaches, Stockland Shellharbour & Shell Cove Marina Opportunities like this are increasingly rare. Whether you're securing your next home or your next project, this is one not to miss. Contact Cooper Askew on 0484 094 814 to arrange your inspection.

Property Features

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    Repayment calculator

    $7,272/month
    $3,636 /fortnight
    Loan $1,200,000 at 6.10% over 30 years

    Upfront costs

    Deposit$300,000
    Stamp duty$62,724
    Conveyancing (est.)$2,000
    Total upfront$364,724
    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.

    Property Details

    Property Type
    house
    Listing Type
    For Sale
    Bedrooms
    5
    Bathrooms
    3
    Land Area
    1055m²
    Listed
    1 month ago

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