Back 5/2C King Street
Off Market

5/2C King Street

Lake Illawarra NSW 2528

2
1
1
Apartment
Mark De CresciMark De Cresci, last sold this property on 01 May 2026 after 86 days on market.

Overview

Opportunity awaits

Located just one street from the pristine waters edge of Lake Illawarra, this ground floor unit presents an excellent chance to secure an affordable property in a sought-after lakeside pocket. Offering a practical layout, solid construction, and scope to update, it's well suited to buyers ready to unlock future potential. Some of the homes features include: - Two-bedroom layout with comfortable room sizes - Positioned on the ground floor for easy, level access - Solid double-brick building - Handy Covered carport - Open plan layout with scope to renovate or refresh - Ideal project for owner occupiers or the savvy investor - Highly desirable location close to the lake and foreshore walks - Convenient access to local shops, cafes, schools and public transport Call Mark De Cresci from Ellem&Co Real Estate on 0422 744 097 or Klayten Searl on 0408 868 547 for your inspection today.

Features

2 bedrooms
1 bathroom
1 carspace
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Lake Illawarra over the last 12 months, the estimated median property value of 5/2C King Street is $602.5k.

Median value
$602.5k
Estimated value range
$495k - $610.5k
Median days on market
29
Estimated value trend
-1%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Lake Illawarra. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 5/2C King Street

2026
Sold
Undisclosed
Private Sale/Treaty on 01 May 2026 by Mark De Cresci, of Ellem&Co Real Estate

Happy sellers in Lake Illawarra

92%
92% of sellers in Lake Illawarra reported that their sale price either exceeded or met their price expectations.

Lake Illawarra stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 7 reviews in Lake Illawarra over the last 12 months.

Local market activity for 2 bedroom apartments in Lake Illawarra

In the last 12 months, 4 two-bedroom apartments similar to 5/2C King Street, have been sold.

This represents a 66% decrease in two-bedroom apartments sales when compared to the previous 12 months.

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