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Sold on 23 Jan 2024 for $670,000

308/7 Russell Street
Corrimal NSW 2518

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 91m2
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Property Details for 308/7 Russell St, Corrimal

308/7 Russell St, Corrimal is a 2 bedroom, 2 bathroom Apartment with 2 parking spaces. The property has a floor size of 91m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 2 bedroom Apartment sold in Corrimal in the last 12 months.

Building Type
Apartment
Floor Size
91m2
Local Government
Wollongong
Lot/Plan
19/SP100452

Last Listing description (January 2024)

Positioned in the heart of Corrimal, this apartment makes it easy to access local shops, cafes, and transport. There is a private balcony boasting majestic escarpment & city views, perfect for entertaining guests, there is also a covered BBQ area, with plenty of shaded space as well as a safe, secure environment.

+ open plan living, with generous natural lighting, neutral tones
+ galley style kitchen with stone benches and Bosch appliances

+ master bedroom enjoys the majestic views with ensuite
+ Double basement parking
+ easy access to Corrimal's local shops, cafes, and transport
+ Currently leased at $580/w until Mar 24 - long-term tenant

*This advertising has been prepared by Matt Borg Real Estate (MBRE) for the purpose of advertising and general information only. MBRE does not guarantee, represent, or warrant that the information contained in this advertising is correct. Any interested party should undertake their own inquiries as to the accuracy of the information published.

Property History for 308/7 Russell St, Corrimal, NSW 2518

A timeline of how this property has performed in the market
Last Sold
$670,000
23 Jan 2024
  • 23 Jan 2024
    Sold for $670,000
  • 13 Nov 2023
    Listed for Sale $670,000
  • 13 Sep 2022
    Sold for $660,000
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About Corrimal 2518

The size of Corrimal is approximately 5.1 square kilometres. It has 25 parks covering nearly 29.1% of total area. The population of Corrimal in 2011 was 6,324 people. By 2016 the population was 6,496 showing a population growth of 2.7% in the area during that time. The predominant age group in Corrimal is 50-59 years. Households in Corrimal are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Corrimal work in a professional occupation. In 2011, 67.3% of the homes in Corrimal were owner-occupied compared with 66.1% in 2016.

Corrimal has 3,756 properties. Over the last 5 years, Houses in Corrimal have seen a 80.32% increase in median value, while Units have seen a 41.11% increase. As at 31 July 2024:

  • The median value for Houses in Corrimal is $1,169,964 while the median value for Units is $708,316.
  • Houses have a median rent of $700 while Units have a median rent of $500.
There are currently 13 properties listed for sale, and 9 properties listed for rent in Corrimal on OnTheHouse. According to CoreLogic's data, 157 properties were sold in the past 12 months in Corrimal.

Suburb Insights for Corrimal 2518

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Matt Borg
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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.