SOLD
Sold on 17 Apr 2024 for $1,140,000

1/2-4 Kent Road
Dapto NSW 2530

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1545m2
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Property Details for 1/2-4 Kent Rd, Dapto

1/2-4 Kent Rd, Dapto is a bedroom, bathroom Unit and was built in 1995. The property has a land size of 1545m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other bedroom Unit sold in Dapto in the last 12 months.

Building Type
Unit
Year Built
1995
Land Size
1545m2
Local Government
Wollongong
Lot/Plan
1/SP51068

Last Listing description (January 2019)

MMJ Wollongong are pleased to present to the market Lot 1, 2-4 Kent Road, Dapto, NSW, for sale via an Auction on Wednesday 28th November @ 6:00pm.
Key Features of the Property:
- New 10 year net lease to Little Peoples Early Learning Centre - expiry 2028

- Six additional 5 year options to 2058
- Net Income of $63,250 pa + GST
- Desirable fixed 3% annual rental increases plus market reviews at options
- Established operator with substantial Illawarra footprint; 14 Little Peoples Early Learning Centres across the broader Illawarra.
- Centrally located with easy access to surrounding suburbs via both the Princes Highway and Princess Motorway
- Established and successful centre, licensed for 23 LDC places
- Strata suite featuring on title area of approximately: 166sqm internal, 191sqm outdoor and 98sqm of basement storage.
- Strategic growth location within the Illawarra, only 14km to both Wollongong and Shellharbour CBD.

Property History for 1/2-4 Kent Rd, Dapto, NSW 2530

A timeline of how this property has performed in the market
Last Sold
$1,140,000
17 Apr 2024
  • 09 Jul 2024
    Sold
  • 17 Apr 2024
    Sold for $1,140,000
  • 23 Nov 2018
    Sold for $865,000
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About Dapto 2530

The size of Dapto is approximately 7.7 square kilometres. It has 25 parks covering nearly 13.9% of total area. The population of Dapto in 2011 was 10,734 people. By 2016 the population was 10,704 showing a population decline of 0.3% in the area during that time. The predominant age group in Dapto is 10-19 years. Households in Dapto are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Dapto work in a trades occupation. In 2011, 74.9% of the homes in Dapto were owner-occupied compared with 73.4% in 2016.

Dapto has 5,193 properties. Over the last 5 years, Houses in Dapto have seen a 59.29% increase in median value, while Units have seen a 45.15% increase. As at 31 August 2024:

  • The median value for Houses in Dapto is $766,527 while the median value for Units is $617,773.
  • Houses have a median rent of $585 while Units have a median rent of $500.
There are currently 14 properties listed for sale, and 12 properties listed for rent in Dapto on OnTheHouse. According to CoreLogic's data, 222 properties were sold in the past 12 months in Dapto.

Suburb Insights for Dapto 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.