FOR SALE
Price Guide $575,000

12/38 Market Street
Wollongong NSW 2500

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Perfectly located first home or investment opportunity

With the harbour precinct, two beaches and the CBD all just a stroll away, this elegant top-floor apartment offers a flawless urban lifestyle. Set peacefully on the south-east corner of a secluded block, and freshly updated for immediate enjoyment, it provides a sensational entry point into Wollongong's vibrant city centre, or a rewarding investment with strong current and future prospects.
- Private position in a low-rise building boasting deep setback from the street
- Quality home or portfolio addition with rent potential of approx. $550-$590 per week
- Newly painted throughout, high ceilings, brick construction, city views
- Open-plan living area flowing through sliding glass doors to sunbathed balcony
- Modern kitchen with ample cupboard storage; fully tiled bathroom with tub
- Internal laundry room, linen press, single carport – ready to move straight in
- Premium address approx. 700m from Lang Park and City Beach, 800m from harbour
- Kembla Street cafes + bars on the doorstep and only approx. 500m to Crown Street Mall
The below rates are provided as a guide:
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Property Details for 12/38 Market St, Wollongong

12/38 Market St, Wollongong is a 2 bedroom, 1 bathroom Apartment with 1 parking spaces. The place is currently for sale with Stone Real Estate Illawarra .

Building Type
Apartment

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About Wollongong 2500

The size of Wollongong is approximately 5.9 square kilometres. It has 28 parks covering nearly 23.4% of total area. The population of Wollongong in 2011 was 16,716 people. By 2016 the population was 18,454 showing a population growth of 10.4% in the area during that time. The predominant age group in Wollongong is 20-29 years. Households in Wollongong are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Wollongong work in a professional occupation. In 2011, 39.6% of the homes in Wollongong were owner-occupied compared with 39.6% in 2016.

Wollongong has 15,562 properties. Over the last 5 years, Houses in Wollongong have seen a 55.95% increase in median value, while Units have seen a 34.40% increase. As at 31 October 2024:

  • The median value for Houses in Wollongong is $1,156,901 while the median value for Units is $756,585.
  • Houses have a median rent of $620 while Units have a median rent of $600.
There are currently 119 properties listed for sale, and 81 properties listed for rent in Wollongong on OnTheHouse. According to CoreLogic's data, 709 properties were sold in the past 12 months in Wollongong.

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Yenson Mui
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Stone Real Estate Illawarra
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