Lake Illawarra NSW Property Investment

Shellharbour · 2528

Looking at a specific property in Lake Illawarra? Get its legal use, net yield and a rules-based walk-or-bid check. Your first full Report is free.

Median House Price

$952K

As of 8 Nov 2026.

Rental Yield

3.7%

Vacancy Rate

N/A

Median Weekly Rent

$675/wk

Source: NSW Fair Trading, Residential Rental Bond Lodgements (Oct 2025 to Sep 2026). As of Sept 2026.

Median Unit Price

$805K

As of 8 Nov 2026.

Population (Census 2021)

3,288

Lake Illawarra Short-Term Rental Market

Short-stay estimate: run a brief

Past price growth

Median house sale price growth, postcode 2528 (all suburbs in it): 7.7% a year, Mar qtr 2021 to Mar qtr 2026. Source: NSW Department of Communities and Justice, Rent and Sales Report – Sales tables, March quarter 2021 and March quarter 2026 (accessed 24 Oct 2026). © State of New South Wales (Department of Communities and Justice), CC BY 4.0, dcj.nsw.gov.au/statements/copyright-and-disclaimer.html. Postcode figures mapped to suburb and growth calculated by Estait. Past growth doesn't predict future prices.

New dwellings approved

New dwellings approved, Shellharbour council area, 12 months to Aug 2026: 884. Source: ABS Building Approvals, Australia (cat. 8731.0). This is the whole council area, not just Lake Illawarra.

Suburb Metric Thresholds

1 green2 yellow7 red

Weekly Rent (house)

675 medium impact

Population growth 2016–21, postcode 2528 (ABS Census)

-0.03 high impact

Median Household Income

1166 medium impact

Public Transport Score

6.6 medium impact

School Zone Quality

4.4 medium impact

Distance to CBD

81.48 medium impact

SEIFA Advantage/Disadvantage

1 medium impact

Owner Occupier Rate

62.8 medium impact

Gross Rental Yield (%)

3.69 high impact

Net Rental Yield (%)

2.44 high impact

Macro Environment

Macro Indicators

Cash Rate

4.85%

▲ 0.25%

Cash rate 4.85% as at 2026-11-04 (effective date) · Source: RBA cash rate target · Credit data 2026-09

Socio-Economic Profile

Source: ABS Census 2021

SEIFA Index · Postcode 2528

Most disadvantagedLeast disadvantaged

Decile 1 of 10 — High disadvantage

Population (suburb)

3,288

Education (IEO)

1/10

Econ. Resources (IER)

2/10

Crime & Safety

Source: NSW Bureau of Crime Statistics and Research · 12 months to Jun 2026

Safety score

2.5/10

Offences per 1,000

97.9

Recorded offences

322

Lake Illawarra: score 1–10, relative to other NSW suburbs (10 = lowest recorded offence rate per resident). Recorded offences, 12 months to Jun 2026 (suburb-level).

Source: NSW Bureau of Crime Statistics and Research, recorded offences, 12 months to Jun 2026. Population: ABS Census 2021 (SAL). Licensed under CC BY 3.0 AU. Dataset

Schools

In your catchment

Lake Illawarra SPS

PrimaryGovernment

4.9/10

Lake Illawarra HS

SecondaryGovernment

4/10

These are the government-school zones containing this suburb centroid. Specific addresses within the suburb may fall in different catchments — confirm with the school directly.