SOLD
Sold on 19 May 2024 for $675,000

7/40 Collins Street
Corrimal NSW 2518

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 85m2
Land area: 117m2
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Property Details for 7/40 Collins St, Corrimal

7/40 Collins St, Corrimal is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2013. The property has a land size of 117m2 and floor size of 85m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 2 bedroom Unit sold in Corrimal in the last 12 months.

Building Type
Unit
Year Built
2013
Floor Size
85m2
Land Size
117m2
Local Government
Wollongong
Lot/Plan
7/SP88182

Last Listing description (June 2024)

Located on the Northern Suburbs of the Illawarra this luxury freshly painted apartment offers a stunning 2 bedrooms featuring open plan living/dining area. Modern kitchen with stainless appliances. Lovely private east facing balcony. Enjoy the communal gardens within the complex. Only a short walk to Corrimal Park Mall, Cafes and to Public Transport.

Features:
- Open plan living/dining with air conditioning

- Galley style kitchen with caesar stone benchtops and quality stainless appliances, gas cooktop.
- Security lift access with CCTV from your apartment to the basement level
- Secure single car space with a lock up storage area
- Main bedroom with Walk in robe
- Laundry with dryer
- Private balcony east facing
- Freshly painted throughout and newly laid carpet

Strata levies $1282 per quarter
Water Rates $171.41 per quarter

Current lease $550 per week

Property History for 7/40 Collins St, Corrimal, NSW 2518

A timeline of how this property has performed in the market
Last Sold
$675,000
19 May 2024
Listed for Rent
$550/w
16 Nov 2022
  • 19 May 2024
    Sold for $675,000
  • 14 Mar 2024
    Listed for Sale $660,000 to $690,000
  • 16 Nov 2022
    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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John Kay
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Lindsay Begley
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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.