SOLD
Sold on 27 Sep 2023 for $410,000

1/29-31 Prince Edward Drive
Brownsville NSW 2530

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 56m2
Land area: 1092m2
Sold By
Tracey Mcdonald
PRDnationwide Real Estate Dapto
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Property Details for 1/29-31 Prince Edward Dr, Brownsville

1/29-31 Prince Edward Dr, Brownsville is a 2 bedroom, 1 bathroom Unit and was built in 1973. The property has a land size of 1092m2 and floor size of 56m2. While the property is not currently for sale or for rent, it was last sold in September 2023. There are other 2 bedroom Unit sold in Brownsville in the last 12 months.

Building Type
Unit
Year Built
1973
Floor Size
56m2
Land Size
1092m2
Local Government
Wollongong
Lot/Plan
1/SP41513

Last Listing description (November 2023)

Breaking into the property market can be hard but we are about to make it easy for you. This ground floor unit that has been leased for over 25 years with a rental return of 5.2% makes for a solid rental for the savvy investor or the perfect home for a first home buyer. Positioned at the back of a quiet complex it has open plan living, 2 good size bedrooms, modernised bathroom and off street parking.

The complex enjoys great escarpment views and is within walking distance to the local William Beach Reserve, Dapto Mall, train station, local Brownsville shops and easy access onto the freeway.

HIGHLIGHTS
Ground floor unit
Modernised bathroom
Off street parking
Great investment or first home
Currently leased for $400pw to a tenant who would like to stay
Close to shops, train station and freeway access

For further details or to arrange an inspection please call Tracey McDonald on 0404 033 533

Property History for 1/29-31 Prince Edward Dr, Brownsville, NSW 2530

A timeline of how this property has performed in the market
Last Sold
$410,000
27 Sep 2023
  • 27 Sep 2023
    Sold for $410,000
  • 20 Sep 2023
    Listed for Sale Price Guide $400,000
  • 19 Feb 2010
    Listed for Sale SOLD - $176,000
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About Brownsville 2530

The size of Brownsville is approximately 1 square kilometres. It has 5 parks covering nearly 21.3% of total area. The population of Brownsville in 2011 was 523 people. By 2016 the population was 516 showing a population decline of 1.3% in the area during that time. The predominant age group in Brownsville is 50-59 years. Households in Brownsville are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Brownsville work in a community and personal service occupation. In 2011, 62.6% of the homes in Brownsville were owner-occupied compared with 55.6% in 2016.

Brownsville has 310 properties. Over the last 5 years, Houses in Brownsville have seen a 70.78% increase in median value, while Units have seen a 51.93% increase. As at 31 July 2024:

  • The median value for Houses in Brownsville is $840,350 while the median value for Units is $506,363.
  • Units have a median rent of $385.
There are currently 1 property listed for sale, and no properties listed for rent in Brownsville on OnTheHouse. According to CoreLogic's data, 17 properties were sold in the past 12 months in Brownsville.

Suburb Insights for Brownsville 2530

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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.