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.
NSW › Lake Illawarra › Pur Pur Ave
$950,000
Last sold
4 Feb 2025
2
Bedrooms
1
Bathrooms
2
Car spaces
695 m²
Land
Districts View
No detected risks — but see the checklist: absence of evidence is not an all-clear.
No verification items generated for this record.
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
Last sold
$950,000
4 Feb 2025 · derived via latest_sale
Local land rate: recorded House sales in Lake Illawarra (last 5 years) with land size have a median of $1,458/m² of land (n=33). Districts calculation from recorded sales — not a valuation.
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.
Vs Lake Illawarra
-5.0%
Median sale
Suburb $1,000,000
+0.16 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.
Planning
Planning scheme
Shellharbour Local Environmental Plan 2013
Zone
Medium Density Residential
R3
Jurisdiction
Shellharbour
Shellharbour, NSW
Data unavailable
Source
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 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 exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
The official layer was queried and no heritage listed area was detected on this parcel (NSW ePlanning Spatial Viewer, retrieved 31 Aug 2026). Mapped layers change — this is the strongest all-clear Districts can give, not a certificate.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
NSWZoned Medium Density Residential · R3 (Shellharbour Local Environmental Plan 2013). Official parcel area about 697 m². Dual occupancy is a permitted housing type in this NSW zone under statewide settings, subject to DCP and site constraints. That is not confirmation this lot qualifies. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. If the dual occupancy pathway survives a planner’s check, this lot can outperform a same-suburb house that is hold-as-is only. That is not a forecast. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Minimum lot size is not loaded, so two-lot subdivision is not confirmed. NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.
Rental
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.
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.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. NSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.
Verdict
Districts view
This looks more compelling as a land / capital-growth play than a pure yield play — if the dual occupancy pathway survives a planner’s check.
Detail
Zoned Medium Density Residential · R3 (Shellharbour Local Environmental Plan 2013). Official parcel area about 697 m². Dual occupancy is a permitted housing type in this NSW zone under statewide settings, subject to DCP and site constraints. That is not confirmation this lot qualifies. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.
Achieved rent for this address has not been inferred. Gross yield on advertising copy is not the deal.
Nearby DA pipeline is unknown, so neighbourhood change is not in this verdict.
Evidence
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.
3 of 10 questions answered so far
Development optionality of this lot
KnownmediumZoned Medium Density Residential · R3 (Shellharbour Local Environmental Plan 2013). Official parcel area about 697 m². Dual occupancy is a permitted housing type in this NSW zone under statewide settings, subject to DCP and site constraints. That is not confirmation this lot qualifies. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.
Nearby development pipeline
UnknownNSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.
Honest achievable rent
KnownlowThis 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
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
KnownmediumOfficial parcel about 697 m² — land size can look like optionality. No material overlays were returned that would explain a discount. That is not proof the price is fair. Nearby DAs, easements, and flood-layer gaps can still explain a cheap-looking listing — those are not all loaded.
Lot-level flood
UnknownFlood overlay has not been queried for this lot. Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownNo DA adapter returned applications for this parcel.
Statutory land value versus ask
UnknownNSW Valuer General land values are not loaded for this property yet.
Net yield / holding costs
UnknownNSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.
Area
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.
Listing material
Listed by Raine & Horne BerryNestled in the heart of Lake Illawarra, 166 Pur Pur Avenue offers a unique opportunity to secure a charming home with immense potential. This cozy two-bedroom, one-bathroom property sits on a generous 695m² (approx.) block, making it ideal for first-time buyers, downsizers, or savvy investors looking to capitalize on its development possibilities. With its convenient location just 500m from Lake Illawarra Public School, 750m from Lake Illawarra High School, and a short 4km drive to Shellharbour Square, everything you need is within easy reach. Outdoor enthusiasts will appreciate the proximity to Reddell Reserve and the picturesque Lake Illawarra, offering endless options for recreation and relaxation.
The home features a well-thought-out layout, including a large rumpus or family room, a practical kitchen equipped with a 600mm electric cooktop and wall oven, and reverse-cycle air conditioning to ensure year-round comfort. Outside, the covered patio overlooks an above-ground swimming pool, creating a perfect space for entertaining or enjoying a quiet moment in the sun. The property also includes a workshop attached to the double garage, complete with separate water closet, offering additional flexibility for storage or hobbies.
With electric gated parking, a double garage, and additional on-street parking, the home is both practical and convenient. Nearby bus stops make commuting simple, and the peaceful neighborhood enhances the appeal of this lakeside opportunity. While move-in ready with recent cosmetic updates, the property's generous block size presents an exciting opportunity for potential subdivision or development (subject to council approval).
Offering a combination of comfort, convenience, and future possibilities, 166 Pur Pur Avenue is a rare find. Whether you're looking for a home to call your own or an investment with great potential, this property is worth exploring. Contact Jason Dorling - 0438 425 574 or Corey Hamilton - 0474 705 842 today to arrange a viewing and take the first step toward making this delightful home yours.
Listing description written by Jason Dorling, Raine & Horne Berry — reproduced as published, not verified by Districts.
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