OFF MARKET

5/40 Park Road
Bellambi NSW 2518

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 66m2
Land area: 980m2
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Property Details for 5/40 Park Rd, Bellambi

5/40 Park Rd, Bellambi is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1980. The property has a land size of 980m2 and floor size of 66m2. While the property is not currently for sale or for rent, it was last sold in November 2018.

Building Type
Unit
Year Built
1980
Floor Size
66m2
Land Size
980m2
Local Government
Wollongong
Lot/Plan
5/SP73054

Last Listing description (March 2019)

This stylish and modern two-bedroom townhouse set over dual levels presents as a brilliant first home or investment property. Situated at the rear of the complex in a quiet and peaceful position, your surprise at this beautiful home will extend beyond the massive chilli plant that greets you on your arrival.
Enjoy the gorgeous sunny outlook that warms the property from the northern aspect of the townhouse or revel in the spoils of the area all within five minutes' drive - the beach, the center of Corrimal, supermarkets, shops, restaurants, parks and both primary and high schools. Complementing this new easy going lifestyle is the modern and stylish renovation of the home with bamboo timber flooring and carpet, modern kitchen, neutral colour palette and modern light fittings including feature pendant lights in the living areas and bedrooms.
This is the perfect low maintenance property full of style and convenience.

- Perfect for the keen investor, this property is currently tenanted and has returns of $360.00 per week with fantastic tenants already in place
- Spacious master bedroom with private balcony and second bedroom, both with built ins
- Functional floor layout with an open plan kitchen, living and dining
- Updated and well-proportioned kitchen
- Contemporary bathroom with bathtub/shower and luxurious waterfall shower head
- Internal laundry with plenty of storage and shelving
- Conveniently located under 4 minutes walk to public transport
- Single car space at the back of the property
- Only 6 townhouses in the complex
- Affordable strata levies only being $462.00 per quarter

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Property History for 5/40 Park Rd, Bellambi, NSW 2518

A timeline of how this property has performed in the market
Last Sold
$430,000
27 Nov 2018
Listed for Rent
$360/w
11 May 2018
  • 27 Nov 2018
    Sold for $430,000
  • 10 Aug 2018
    Listed for Sale $439,000
  • 18 Apr 2018
    Listed for Rent $350 / week
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About Bellambi 2518

The size of Bellambi is approximately 2.4 square kilometres. It has 20 parks covering nearly 8.9% of total area. The population of Bellambi in 2011 was 4,010 people. By 2016 the population was 3,957 showing a population decline of 1.3% in the area during that time. The predominant age group in Bellambi is 50-59 years. Households in Bellambi are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Bellambi work in a professional occupation. In 2011, 43.1% of the homes in Bellambi were owner-occupied compared with 41.9% in 2016.

Bellambi has 2,081 properties. Over the last 5 years, Houses in Bellambi have seen a 71.09% increase in median value, while Units have seen a 48.44% increase. As at 31 October 2024:

  • The median value for Houses in Bellambi is $1,225,456 while the median value for Units is $686,006.
  • Houses have a median rent of $615 while Units have a median rent of $460.
There are currently 5 properties listed for sale, and 4 properties listed for rent in Bellambi on OnTheHouse. According to CoreLogic's data, 62 properties were sold in the past 12 months in Bellambi.

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