Is LAKE ILLAWARRA a good suburb for positive geared property investment in Australia?

LAKE ILLAWARRA in NSW currently features property rental yields up to 4.0% with a 12-month capital growth value of Up 4.4%. Under standard conditions, suburbs with yields above 5.0% represent strong positive gearing potential.

What is the median house price in LAKE ILLAWARRA 2528?

The median house price in LAKE ILLAWARRA 2528 is approximately $936,800 based on the latest tracked market indices.

Investment Spotlight • Australia

LAKE ILLAWARRA 2528

State: NSW

Updated: 6 August 2026

PosiProp AI Investment Summary

LAKE ILLAWARRA (NSW 2528) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 4.0% and has experienced a 12-month capital growth of Up 4.4%, with a median house buy price of $936,800. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.

Positive Gearing Potential Verified: Suburb rental index metrics qualify Richmond for positive cash flow portfolios. Review the price brackets and explore the live listings below.

Market Yield & Price Indices

2 house • buy

$1,000,000

Down -0.3% 3.3% Yield

3 house • buy

$890,000

Up 3.2% 4.0% Yield

4 house • buy

$1,191,250

Up 30.9% 4.0% Yield

all house • buy

$936,800

Up 4.4% 4.0% Yield

Suburb Market Profile

Last month Lake Illawarra had 24 properties available for rent and 24 properties for sale. Median property prices over the last year range from $936,800 for houses to $852,500 for units. If you are looking for an investment property, consider houses in Lake Illawarra rent out for $678 PW with an annual rental yield of 4.0% and units rent for $600 PW with a rental yield of 4.2%. Lake Illawarra has seen an annual compound growth rate of 4.4% for houses and 22.7% for units.

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