Windang appears to be a suburb on the rise, offering the "best of both worlds" for prospective property buyers.
Daniel Ellem from Illawarra Estate Agents is the selling agent for the townhouse at 6/90 Kurrajong Street, Windang.
It has a price guide of $490,000 to $530,000.
"It was originally just a two-bedroom townhouse with a single-car garage, but the garage has been converted into a third bedroom like a master suite," Mr Ellem said.
Windang has long been considered by some as an entry point for Illawarra buyers looking to live near the water.
"I'd say yes and no to that," Mr Ellem said.
"There are minimal houses in Windang that have water views.
"All along Ocean Street, which is the best street in Windang, none of those properties have actually got ocean views, yet they're still fetching some pretty big prices."
He said currently the market in Windang was "pretty hot".
"There's a bit of interest in Windang at the moment. I think it's because you've got the best of both worlds - you've got the lake and the beach, and it's all literally at your doorstep."
According to Pricefinder, in 2020 there were 18 properties sold in Windang, with a median sale price that year of $760,000.
Sale prices ranged from $475,000 to $1,200,000.
Mark Climo from Right Choice Real Estate is the co-selling agent for 5 Acacia Street, Windang.
Set on 556sqm, the property features two dwellings on the one block. It has a price guide of $950,000.
"[This listing] is a perfect spot for someone to renovate down the track and build their dream home, with its close proximity to the lake and beach," Mr Climo said.
Mr Climo said suburbs such as Windang were increasingly popular with Sydney clientele, as the work from home phenomenon continued to grow.
"And Windang's also one of those suburbs, once you move there, generations tend to stay there," he said.
"It's a niche market; you've got access to Lake Illawarra and the beach."