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NSW › Lake Illawarra › Pur Pur Ave

U2, 66 Pur Pur Ave, Lake Illawarra NSW 2528

For saleTownhouse

$730,000–$760,000

For sale

Asking range

2

Bedrooms

1

Bathrooms

1

Car spaces

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $730,000–$760,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $730,000–$760,000(Listing record · 15 July 2026)
  • CalculationAsk is 27% below 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 4.34% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

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

$730,000–$760,000

Asking range

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

-27.0%

Median sale

Suburb $1,000,000

+1.17 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
$730,000
Stamp Duty (New South Wales)
$27,262
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
$761,129

$31,129 on top of the price (4.3% 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
2.84%
Annual cashflow (pre-tax)
$-17,242
Interest cover (DSCR)
0.55
Annual rent
$31,668
Operating expenses
$10,950
Loan amount
$584,000
Annual interest
$37,960
Gross yield
4.34%

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$730,000–$760,000available15 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 4.3%. 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

WHERE EVERYDAY FEELS LIKE A HOLIDAY

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

Perfectly positioned within a well maintained complex, this beautifully updated townhouse presents an outstanding opportunity for first home buyers, downsizers and investors alike. Offering a practical floorplan, modern finishes and an unbeatable lifestyle location, it's the ideal place to enjoy everything Lake Illawarra has to offer while securing a property in an area known for its long term growth.

Step inside to discover a light filled open plan living and dining area enhanced by timber floorboards and a welcoming sense of space. The modern kitchen is thoughtfully designed with electric cooking, a rangehood, microwave shelf and a pleasant outlook over the private courtyard, making everyday living both functional and enjoyable.

Read the full description

Upstairs, both generously sized bedrooms are carpeted and feature built in wardrobes along with large windows that invite plenty of natural light. The spacious main bathroom includes a full size bath and separate shower, while the convenience of a second toilet downstairs adds further practicality. A split system air conditioner in the bedroom and a downstairs ceiling fan ensure year round comfort.

Lifestyle is where this property truly shines. Just a two minute stroll to the shores of Lake Illawarra and Reddall Reserve, you'll have walking and cycling tracks, the popular Saturday morning Park Run, open parklands and the Lake Illawarra Kiosk all at your fingertips. With Warilla Beach only moments away, Warilla Grove Shopping Centre just a short drive and local schools nearby, this is a location that perfectly caters to families, pet owners, active lifestyles and savvy investors looking for a quality addition to their portfolio.

• Two bedroom townhouse within a well maintained complex

• Modern kitchen with electric cooking, rangehood, microwave shelf and courtyard outlook

• Light filled open plan living and dining with timber floorboards

• Two spacious bedrooms with built in wardrobes and large windows

• Spacious bathroom with full size bath, separate shower plus additional downstairs toilet

• Private paved courtyard surrounded by established trees, creating a peaceful setting for your morning coffee

• Single garage, split system air conditioning and downstairs ceiling fan

• Approximately two minutes to Reddall Reserve, Lake Illawarra, Warilla Beach and only three minutes to Warilla Grove Shopping Centre

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

Property features

  • Air Conditioning
  • Broadband
  • Built-in Robes
  • Courtyard
  • Dishwasher
  • Floorboards
  • Fully Fenced
  • Living Areas: 1
  • Outdoor Entertaining
  • Remote Garage
  • Secure Parking
  • Toilets: 2

Also look at

Also for sale in Lake Illawarra

  • 154 Pur Pur Ave, Lake Illawarra NSW 2528

    3-bed house for sale. Asking $1.2M–$1.25M.

    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.