SOLD
Sold on 06 Feb 2024 for $960,000

4 Maroota Avenue
Balgownie NSW 2519

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 122m2
Land area: 577m2
Sold By
Innovate Property Group Shellharbour
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Property Details for 4 Maroota Ave, Balgownie

4 Maroota Ave, Balgownie is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 577m2 and floor size of 122m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 3 bedroom House sold in Balgownie in the last 12 months.

Building Type
House
Floor Size
122m2
Land Size
577m2
Local Government
Wollongong
Lot/Plan
124/DP31133

Last Listing description (March 2024)

Attention renovators, developers and creative visionaries, we've found your next project! Tucked away in a fantastic neighbourhood on a 569m2 block, this 1960s treasure offers enticing potential. Boasting a north-facing aspect and escarpment views, you're spoilt for choice with options that will capitalise on this prime location.

Renovators, roll up your sleeves and breathe new life into this low-set cottage, with solid hardwood floors just waiting to be unveiled beneath the carpet. Update the retro kitchen and bathroom, freshen the interiors with new paint and window dressings and it will feel as good as new! Alternatively, knock down the existing dwelling to make way for a brand new home that maximises its escarpment outlook or expand the potential financial gain on offer, developing the site with a modern duplex (STCA). You're only limited by your budget and imagination!

Situated approx. 6.5km from the Wollongong CBD, this location offers an idyllic blend of city convenience and suburban tranquillity. Positioned within walking distance of Balgownie Public School, it's also just around the corner from Balgownie Village Centre. Meet friends for a casual coffee, delicious dinner or drinks, stock up on essential groceries, or take advantage of the health and well-being amenities, all within approx. 900m from home. Nature lovers are well catered for too - spoiling you for choice with bushwalks and golden beaches nearby.

Don't miss your chance to leverage this outstanding location and unleash the enticing possibilities on offer. Arrange an inspection today!

Property Specifications:
- Original 1960s treasure in a prime location, rich with enticing potential
- 569m2 corner block, with an enviable north-facing aspect and escarpment views
- Explore your options to renovate the original home, knock-down and rebuild a new home or duplex (STCA)
- Existing 3 bed, 1 bath home with combined kitchen and dining, living room, front and rear patios plus a double carport
- Solid timber floors waiting to be unveiled beneath the carpets
- Mostly level block, ready to be enhanced with landscaping
- Fantastic neighbourhood, approx. 6.5km from the Wollongong CBD
- 650m walk to Balgownie Public School
- 900m walk to Balgownie Village Centre with cafes, shops and services
- Under 3km to Illawarra Escarpment State Conservation Area
- 4km to Towradgi Beach, 6km to North Wollongong Beach

Property History for 4 Maroota Ave, Balgownie, NSW 2519

A timeline of how this property has performed in the market
Last Sold
$960,000
06 Feb 2024
  • 06 Feb 2024
    Sold for $960,000
  • 01 Jan 2024
    Sold
  • 01 Dec 2023
    Listed for Sale Price guide $1,000,000
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About Balgownie 2519

The size of Balgownie is approximately 3.6 square kilometres. It has 15 parks covering nearly 16.5% of total area. The population of Balgownie in 2011 was 5,447 people. By 2016 the population was 5,537 showing a population growth of 1.7% in the area during that time. The predominant age group in Balgownie is 40-49 years. Households in Balgownie are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Balgownie work in a professional occupation. In 2011, 76.8% of the homes in Balgownie were owner-occupied compared with 76.9% in 2016.

Balgownie has 2,560 properties. Over the last 5 years, Houses in Balgownie have seen a 68.25% increase in median value, while Units have seen a 43.88% increase. As at 31 October 2024:

  • The median value for Houses in Balgownie is $1,184,799 while the median value for Units is $884,553.
  • Houses have a median rent of $740 while Units have a median rent of $690.
There are currently 14 properties listed for sale, and 7 properties listed for rent in Balgownie on OnTheHouse. According to CoreLogic's data, 106 properties were sold in the past 12 months in Balgownie.

Suburb Insights for Balgownie 2519

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.