2. NSW
  3. Wollongong

Lake Heights NSW 2502

Houses Units

Here you can find what you need to know about Lake Heights, NSW, including house prices in the area, median values, annual growth, recent sale prices, maps, a suburb profile and much more.

Suburb Insights
for Houses in last 12 months

At a Glance

$800K Median Sale Price (National Average $485k) 1009th In NSW
-4.62% Median Sale Price Change (1yr) (National Average 4.30%) 4219th In NSW
$600pw Median Rent (National Average $395) 724th In NSW
3.9% Median Gross Yield (National Average 4.24%) 279th In NSW
Properties sold 59
Average discounting -6.68%
Average Days on Market 60
Stock on Market 31 for sale

Investment Strategy Scores

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How we calculate the suburb Cash Flow Score

The suburb Cash Flow Score is simply the average of all the individual Cash Flow Scores for each property in that suburb.

A higher score indicates the suburb is more likely to contain properties that deliver an above average gross yield.

Lake Heights, NSW National
Median
Gross Yield

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Capital Growth Score

The suburb Capital Growth Score is simply the average of all the individual Capital Growth Scores for each property in that suburb.

A higher score indicates the suburb has recently experienced significant capital growth and the short term outlook for further growth is likely to be good given strong market health indicators.

Lake Heights, NSW National
Change in Median
Price (1 yr)
Average Days
on Market
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Lower Risk Score

The suburb Lower Risk Score is simply the average of all the individual Lower Risk Scores for each property in that suburb.

A higher score indicates the suburb has increased in value over a longer period so is less likely to only be due to recent market forces. It is also likely to contain properties that command higher rent than average and therefore attract higher income tenants. Furthermore, properties in this suburb are likely to be easier to sell in the future due to strong market health indicators.

Lake Heights, NSW National
Average Days
on Market
Change in Median Price
(5 yr)
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.

Development Permits for Houses

Building permits are provided for council approved development applications. Where the available permits contain the type of development, date of submission, the date of approval, estimated build cost, estimated development area, builder and materials listed.

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Property Prices in Lake Heights


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State Auction Clearance Rates


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Local Schools


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Suburb Information

Lake Heights, NSW 2502

Part of: Wollongong Council No data available

The size of Lake Heights is approximately 1.6 square kilometres. It has 11 parks covering nearly 11.8% of total area. The population of Lake Heights in 2011 was 3,260 people. By 2016 the population was 3,853 showing a population growth of 18.2% in the area during that time. The predominant age group in Lake Heights is 0-9 years. Households in Lake Heights are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Lake Heights work in a trades occupation. In 2011, 74% of the homes in Lake Heights were owner-occupied compared with 69.8% in 2016. (source: Australian Bureau of Statistics)

View all properties for sale in Lake Heights

Demographic data provided
by Australian Bureau of Statistics

Market Trends for Lake Heights   for Houses in last 12 months


There have been 59 Houses sold in Lake Heights in the past 12 months with a median sale price of $800K, down 4.6% annually. It takes on average 29 days to sell with vendor discounting of -6.7%.

Others also viewed

Suburb Median Sale Price Change (1yr) Median Sale Price Median Rent Median Gross Yield
Lake Illawarra NSW, 2528 19.49% $895,000 $580pw 3.4% View Suburb Profile
Lilyfield NSW, 2040 0.54% $2,345,000 $1,050pw 2.3% View Suburb Profile
Berkeley NSW, 2506 7.61% $756,500 $570pw 3.9% View Suburb Profile
Dicky Beach QLD, 4551 -2.44% $1,400,000 $720pw 2.7% View Suburb Profile
Hollywell QLD, 4216 3.46% $1,345,000 $848pw 3.3% View Suburb Profile
Trigg WA, 6029 1.14% $1,780,000 $1,050pw 3.1% View Suburb Profile

Currency

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