OFF MARKET

56 Albert Street
Corrimal NSW 2518

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 70m2
Land area: 700m2
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Property Details for 56 Albert St, Corrimal

56 Albert St, Corrimal is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 1950. The property has a land size of 700m2 and floor size of 70m2. While the property is not currently for sale or for rent, it was last sold in July 2020.

Building Type
House
Year Built
1950
Floor Size
70m2
Land Size
700m2
Local Government
Wollongong
Lot/Plan
18/DP23883

Last Listing description (August 2020)

Situated on a 696sqm north facing, sun-drenched block in one of Illawarra's most valued suburbs, this home is moments away from the shopping and dining hub of Corrimal, train station and the greens of Russell Vale golf course.
Comprising of a charming retro cottage with the flexible option of two bedrooms and a generous living area, enjoy the bright spacious lounge and a good size eat-in kitchen with a lovely exposed brick fireplace. With high ceilings and great charm, this home is liveable now while dreaming up all the possibilities.

- Perfect start in the market and option to add value, restore, renovate, or expand up or out

- For a tradesman or artisan that needs a home at front and their workshop at the back this site is rich pickings with its light industrial zoning. The commute to work just got a lot shorter!
- For an established business looking to grow, you can convert the home into an office and still have plenty of room for a workshop surrounded by tidy gardens and a creek trickling behind
- For the smart investor or developer, capitalise on the potential of Corrimal and a growing suburb

The important numbers:
Council Rates: $509 pq
Water Rates: $172 pq

*This advertising has been prepared by MMJ Real Estate (MMJ) for the purpose of advertising and general information only. MMJ don't guarantee, represent or warrant that the information contained in this advertising is correct. Any interest party should undertake their own inquiries as to the accuracy of the information.

Property History for 56 Albert St, Corrimal, NSW 2518

A timeline of how this property has performed in the market
Last Sold
$620,000
02 Jul 2020
Listed for Rent
$400/w
21 Jun 2019
  • 02 Jul 2020
    Sold for $620,000
  • 16 Jun 2020
    Listed for Sale $620,000
  • 05 Jun 2019
    Listed for Rent - Price not available
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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 3,720 properties. Over the last 5 years, Houses in Corrimal have seen a 64.76% increase in median value, while Units have seen a 41.69% increase. As at 31 October 2024:

  • The median value for Houses in Corrimal is $1,152,064 while the median value for Units is $718,108.
  • Houses have a median rent of $715 while Units have a median rent of $530.
There are currently 14 properties listed for sale, and 5 properties listed for rent in Corrimal on OnTheHouse. According to CoreLogic's data, 146 properties were sold in the past 12 months in Corrimal.

Suburb Insights for Corrimal 2518

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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.