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Lake Heights
NSW, 2502 - Wollongong

Thinking about buying in Lake Heights? Now could not be a better time, with 2035 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $781,000 with prices in this suburb ranging from $70,000 to $3,367,000. Lake Heights is located fairly close to the coast at just 2Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

Household Makeup

Median Weekly Rent $364.88
Median Monthly Mortgage $1771.50
Median Persons Per Bedroom 0.86
Average Household Size 2.88
Average Age 37.75
Average Income $558.00
Average Cars Per Dwelling 1.64
Average Properties Within 50M 11

Housing Stock

Average Property Prices

1 Bed  $588,000
2 Bed  $727,000
3 Bed  $797,000
4 Bed  $984,000
5 Bed  $1,075,000
6 Bed+$1,069,000

Lake Heights Real Estate Market Outlook

In Lake Heights there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Low average incomes in Lake Heights is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. Low average earnings from people in Lake Heights leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. Lower than average industry presence in Lake Heights we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Lake Heights a better buying opportunity than it may have been in the past.

Houses for sale Lake Heights

At Realty UNIT 1, 310 FLAGSTAFF RD, LAKE HEIGHTS, NSW, 2502 Beds0 Bathrooms0 Parking 0 $490,000 - $530,000
PRD 21 DENISE ST, LAKE HEIGHTS, NSW, 2502 Beds4 Bathrooms2 Parking 1 Price Guide $720,000 - $760,000
PRD 9 MIRRABOOKA RD, LAKE HEIGHTS, NSW, 2502 Beds3 Bathrooms1 Parking 1 $690,000 - $750,000
PRD UNIT 2, 17 WERINGA AV, LAKE HEIGHTS, NSW, 2502 Beds4 Bathrooms2 Parking 2 Under Offer

Local Schools

Lake Heights Public School

Warrawong High School

Berkeley Public School

Warrawong Public School

Cringila Public School

St Francis of Assisi Catholic Primary School

Illawarra Sports High School

Primbee Public School

Kemblawarra Public School

Berkeley West Public School

(While the above schools are located with the suburb of Lake Heights there may also be nearby schools whose catchments cover this suburb)

Local Crime Rate

Incidents Trend State Average

We are currently collecting information for this location.

Lake Heights weather - Average Local Climate by month

(mm)
RAIN
Min (°C)
TEMP
Max (°C)
TEMP
Min (%)
HUMIDITY
Max (%)
HUMIDITY
(m/sec)
WIND
(MJ/sq m)
SOLAR
Jan3.617.626.758.697.63.619.8
Feb7.618.025.662.897.63.617.0
Mar5.215.624.658.297.53.414.2
Apr1.011.223.548.497.23.213.2
May3.89.420.150.892.63.910.0
Jun0.98.218.25291.73.99.7
Jul6.27.417.953.594.84.19.9
Aug4.17.019.042.589.44.612.8
Sept0.99.021.643.493.94.116.5
Oct3.712.222.95496.63.617.6
Nov1.213.225.847.3964.222.9
Dec2.416.324.757.596418

source: Australian Government Bureau of Meteorology


Recently Sold Properties / House Prices

08-03-2024 $1,130,000 68 HASSAN ST
07-03-2024 $455,000 2 WERINGA AVE
04-03-2024 $850,000 161 NORTHCLIFFE DR
28-02-2024 $885,000 310 NORTHCLIFFE DR
23-02-2024 $765,000 89 WERINGA AVE
23-02-2024 $895,000 1 / 33 NORTHCLIFFE DR
12-02-2024 $780,000 284 FLAGSTAFF RD
01-02-2024 $775,000 3 HILLTOP AVE
24-01-2024 $100,000 4 WERINGA AVE
22-01-2024 $710,000 2 / 5 MELINDA GR
19-01-2024 $835,000 1 / 164 SHEARWATER DR
17-01-2024 $866,000 4 HILLTOP AVE
12-01-2024 $987,000 49 HASSAN ST
21-12-2023 $780,000 283 FLAGSTAFF RD
20-12-2023 $797,000 25 BUENA VISTA AVE
19-12-2023 $997,500 262 NORTHCLIFFE DR
15-12-2023 $760,000 87 WERINGA AVE
08-12-2023 $1,010,000 135 NORTHCLIFFE DR
06-12-2023 $710,000 26 TREVOR AVE
30-11-2023 $1,225,000 127 NORTHCLIFFE DR
27-11-2023 $664,000 54 RANCHBY AVE
24-11-2023 $412,500 44 MIRRABOOKA RD
20-11-2023 $800,000 11 HILLTOP AVE
17-11-2023 $650,000 192 FLAGSTAFF RD
16-11-2023 $1,032,000 168 SHEARWATER DR
09-11-2023 $736,000 178 FLAGSTAFF RD
06-11-2023 $920,000 6 BACKHOUSE RD
03-11-2023 $749,900 14 RANCHBY AVE
03-11-2023 $608,500 4 / 6 MELINDA GR
03-11-2023 $749,900 14 RANCHBY AVE
03-11-2023 $608,500 4 / 6 MELINDA GR
23-10-2023 $705,000 185 FLAGSTAFF RD
29-09-2023 $500,000 68 BARINA AVE
29-09-2023 $1,100,000 78 HASSAN ST
29-09-2023 $500,000 68 BARINA AVE
29-09-2023 $1,100,000 78 HASSAN ST
27-09-2023 $460,000 280 NORTHCLIFFE DR
14-09-2023 $676,000 40 LAKE HEIGHTS RD
01-09-2023 $775,000 8 TREVOR AVE
01-09-2023 $735,000 4 CANBERRA RD
01-09-2023 $775,000 8 TREVOR AVE
01-09-2023 $735,000 4 CANBERRA RD
21-08-2023 $390,000 3 / 37 KINGSLEY DR
14-08-2023 $725,000 41 BARINA AVE
10-08-2023 $887,500 15 CANBERRA RD
07-08-2023 $1,260,000 85 LAKE HEIGHTS RD
04-08-2023 $745,000 24 RANCHBY AVE
03-08-2023 $567,000 9 / 6 MELINDA GR
01-08-2023 $840,000 94 BARINA AVE
31-07-2023 $710,000 70 BARINA AVE

Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

WarrawongCringilaBerkeleyCoomaditchiePrimbeePort KemblaSpring HillUnanderraKanahookaWindang

Public Transport


General Points of Interest

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