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NSW › Lake Illawarra › Pur Pur Ave

154 Pur Pur Ave, Lake Illawarra NSW 2528

For saleHouse for Sale

$1,195,000–$1,250,000

For sale

Asking range

3

Bedrooms

2

Bathrooms

2

Car spaces

697 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $1,195,000–$1,250,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $1,195,000–$1,250,000(Listing record · 20 July 2026)
  • CalculationLand 697 m² against a 141 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationAsk is 20% above the Lake Illawarra median recorded sale ($1,000,000, n=18, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Lake Illawarra's advertised median rent ($609/wk), implied gross yield would be 2.65% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

  • InterpretationA large lot with a small dwelling means the value case rests on the land and what the zone allows on it, not the house.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.

Price evidence

The ask against the evidence

Asking

$1,195,000–$1,250,000

Asking range · $1,714/m² of land

No recorded sale for this property.

Lake Illawarra at a glance

3,412

People

$1,000,000

Median sale

$609/wk

Median rent

3.17%

Suburb gross yield

Median sale from 18 recorded sales (last 12 months) — a Districts calculation.

See the full Lake Illawarra report →

Vs Lake Illawarra

+19.5%

Median sale

Suburb $1,000,000

-0.52 pp

Gross yield

Suburb 3.17%

Suburb median $1,000,000 from 18 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Based on the low end of the asking range, not a contract price.

Purchase Price
$1,195,000
Stamp Duty (New South Wales)
$48,187
Transfer/Registration Fee
$167
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$1,247,054

$52,054 on top of the price (4.4% extra)

  • Stamp Duty (New South Wales)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: New South Wales schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Based on the low end of the asking range, not a contract price.

Pre-filled with Lake Illawarra's advertised median rent — not a rent for this listing.

Net yield
1.15%
Annual cashflow (pre-tax)
$-48,397
Interest cover (DSCR)
0.22
Annual rent
$31,668
Operating expenses
$17,925
Loan amount
$956,000
Annual interest
$62,140
Gross yield
2.65%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.

Site

Terrain

Terrain has not been calculated for this property yet.

Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.

Flood, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Listed$1,195,000–$1,250,000available20 July 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

NSW

Why this lot, not just this suburb

Why could this property outperform?

Planning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $609/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

Current comparable rental listings within 400 m of this lot are not loaded. NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 2.7%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. NSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.

Verdict

What this means for this property

Districts view

Not enough official evidence yet to underwrite this as an investment.

Detail

The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”

Read more

Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.

The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.

Evidence

What is known for this property

Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.

1 of 10 questions answered so far

  • Development optionality of this lot

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.

  • Honest achievable rent

    Knownlow

    This is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.

  • Rental supply pressure

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    NSW Valuer General land values are not loaded for this property yet.

  • Net yield / holding costs

    Unknown

    NSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.

Area

Lake Illawarra in one glance

Lake Illawarra at a glance

3,412

People

$1,000,000

Median sale

$609/wk

Median rent

3.17%

Suburb gross yield

Median sale from 18 recorded sales (last 12 months) — a Districts calculation.

See the full Lake Illawarra report →

Keep researching

  • Why Lake Illawarra? Read the area thesis →
  • What else is on the market in Lake Illawarra →
  • Other records on Pur Pur Ave →

Listing material

Listed by One Agency Elite Property Group - Shoalhaven

ENTERTAIN. RELAX. ENJOY.

Presented by Adrian Necovski and CJ Bell-Beasley of One Agency Elite Property Group.

Tucked away in a perfect location just moments from the shores of Lake Illawarra, this impressive single level residence offers an exceptional lifestyle for families who love to entertain. Set on a generous 697sqm parcel, the home combines expansive indoor living with incredible outdoor spaces, creating a property that truly feels like an Oasis.

The undeniable centrepiece of the home is its spectacular kitchen, thoughtfully designed for those who love to cook, entertain and gather with family. Boasting expansive bench space, quality freestanding gas cooking and an oversized butler's pantry with an abundance of storage, this is a kitchen that effortlessly caters to everything from everyday meals to large celebrations. Overlooking the living spaces, it's easy to see why this is the current owners' favourite part of the home.

Read the full description

Offering multiple living zones, the spacious main living area is complemented by a generous rumpus room that flows seamlessly onto the rear entertaining deck, creating the ultimate entertainer's dream. Three well proportioned bedrooms provide comfortable accommodation, including a spacious master suite complete with two mirrored built in wardrobes and a private ensuite, while one of the additional bedrooms has been freshly painted. Originally configured as a four bedroom home, the fourth bedroom has been cleverly transformed into an oversized butler's pantry, adding exceptional practicality for modern family living.

Step outside and discover your own private retreat. Two separate entertaining decks overlook the sparkling swimming pool and expansive backyard, while the undercover side seating area provides the perfect place to relax year round. Complete with a rear workshop behind the garage, a garden shed, solar panels with a Tesla Powerwall and an enviable location within walking distance to Reddall Reserve and the waters of Lake Illawarra, this home delivers the perfect blend of space, comfort and convenience for the growing family.

Property Features

• Single level family home on a generous 697sqm block

• Three spacious bedrooms, including a master with ensuite and two mirrored built in wardrobes

• Originally a four bedroom home, now featuring an oversized butler's pantry with exceptional storage

• Showstopping kitchen with expansive bench space, freestanding gas cooking and butler's pantry

• Multiple living areas including a large rumpus flowing seamlessly to the entertaining deck

• Two rear entertaining decks, sparkling swimming pool, huge grassed backyard, undercover seating area and garden shed

• Solar panels with Tesla Powerwall, split system air conditioning, ceiling fans throughout and garage with rear workshop space

• Perfect location within walking distance to Reddall Reserve and Lake Illawarra, bus stop on the street, approximately four minutes to Warilla Grove Shopping Centre and close to Lake Illawarra High School

Disclaimer: Some images have been digitally enhanced with virtual furniture for marketing purposes. We recommend inspecting the property in person to fully appreciate its layout, features and presentation.

Listing description written by Adrian Necovski, One Agency Elite Property Group - Shoalhaven — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Built-in Robes
  • Deck
  • Dishwasher
  • Ensuites: 1
  • Floorboards
  • Fully Fenced
  • Living Areas: 2
  • Outdoor Entertaining
  • In-Ground Pool
  • Remote Garage
  • Rumpus Room
  • Secure Parking
  • Shed
  • Toilets: 2
  • Workshop

Also look at

Also for sale in Lake Illawarra

  • U2, 66 Pur Pur Ave, Lake Illawarra NSW 2528

    2-bed townhouse. Asking $730K–$760K.

    For sale
  • 175 Pur Pur Ave, Lake Illawarra NSW 2528

    5-bed house for sale. Asking $1.3M–$1.35M.

    For sale
  • U3, 21 Pur Pur Ave, Lake Illawarra NSW 2528

    3-bed townhouse. Asking $849K–$899K.

    For sale
  • 12/46-48 Peterborough Ave, Lake Illawarra NSW 2528

    2-bed apartment. Asking $599K–$619K.

    For sale
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.