SOLD
Sold on 16 Feb 2024 for $1,020,000

7/15-17 Payne Road
East Corrimal NSW 2518

Bedrooms: 3
Bathrooms: 2
Car spaces: -
Floor area: 78m2
Land area: 1673m2
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Property Details for 7/15-17 Payne Rd, East Corrimal

7/15-17 Payne Rd, East Corrimal is a 3 bedroom, 2 bathroom Unit and was built in 2000. The property has a land size of 1673m2 and floor size of 78m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 3 bedroom Unit sold in East Corrimal in the last 12 months.

Building Type
Unit
Year Built
2000
Floor Size
78m2
Land Size
1673m2
Local Government
Wollongong
Lot/Plan
7/SP64059

Last Listing description (April 2024)

Nestled in the highly popular sought after East Corrimal area, this recently renovated gem beckons as the perfect choice for first-home buyers, savvy investors, or those seeking a low-maintenance downsizing option.

Key Features:
- Brand new flooring, freshly painted interiors, and a recently installed ducted air conditioning system mean there's nothing left to do but move in and make it yours.

- Open-Plan Living: Enjoy the spaciousness of an open-plan living area, creating a versatile and inviting space for both relaxation and entertaining.

- Gourmet Kitchen: The well-appointed kitchen is a chef's delight, equipped with high-quality appliances, ample storage, and a chic aesthetic that makes cooking a pleasure.

- Tranquil Courtyard: Step into your wrap-around courtyard, offering a serene outdoor space with a perfect blend of paved and grass areas for your enjoyment.

- Three Generous Bedrooms: Retreat to comfortable and spacious bedrooms, complete with built-in robes, ensuring a perfect blend of style and functionality.

- Double Garage Delight: Enjoy secure parking in your generously sized double garage, featuring internal access and rear opening onto your private courtyard.

- Prime Location: Positioned in the heart of East Corrimal, you'll enjoy proximity to local shops, cafes, schools, and public transport, making every day a breeze.

The Important Numbers:
Council Rates - $435 per quarter
Water Rates - $174 per quarter
Strata Rates - $515 per quarter
Rental Estimate - $750-$800 per week

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

Property History for 7/15-17 Payne Rd, East Corrimal, NSW 2518

A timeline of how this property has performed in the market
Last Sold
$1,020,000
16 Feb 2024
Listed for Rent
$540/w
01 Jun 2022
  • 16 Feb 2024
    Sold for $1,020,000
  • 25 Jan 2024
    Listed for Sale Contact Agent
  • 24 May 2022
    Listed for Rent - Price not available
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About East Corrimal 2518

The size of East Corrimal is approximately 1.4 square kilometres. It has 10 parks covering nearly 7.7% of total area. The population of East Corrimal in 2011 was 3,159 people. By 2016 the population was 3,416 showing a population growth of 8.1% in the area during that time. The predominant age group in East Corrimal is 30-39 years. Households in East Corrimal are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in East Corrimal work in a professional occupation. In 2011, 58.7% of the homes in East Corrimal were owner-occupied compared with 57.6% in 2016.

East Corrimal has 1,745 properties. Over the last 5 years, Houses in East Corrimal have seen a 74.24% increase in median value, while Units have seen a 48.26% increase. As at 30 September 2024:

  • The median value for Houses in East Corrimal is $1,317,050 while the median value for Units is $733,759.
  • Houses have a median rent of $700 while Units have a median rent of $490.
There are currently 4 properties listed for sale, and 2 properties listed for rent in East corrimal on OnTheHouse. According to CoreLogic's data, 64 properties were sold in the past 12 months in East corrimal.

Suburb Insights for East 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.