SOLD
Sold on 04 Nov 2024 for $720,000

7/55 Park Road
East Corrimal NSW 2518

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 86m2
Land area: 1754m2
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Property Details for 7/55 Park Rd, East Corrimal

7/55 Park Rd, East Corrimal is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1996. The property has a land size of 1754m2 and floor size of 86m2. While the property is not currently for sale or for rent, it was last sold in November 2024. There are other 2 bedroom Unit sold in East Corrimal in the last 12 months.

Building Type
Unit
Year Built
1996
Floor Size
86m2
Land Size
1754m2
Local Government
Wollongong
Lot/Plan
7/SP52371

Last Listing description (March 2021)

This two bedroom spacious townhouse in located between Corrimal CBD & Corrimal Beach.
- 2 bedrooms with built in robes
- Carpet in bedrooms and timber floor boards throughout

- Sunny balcony off main bedroom
- Ceiling fans in bedrooms
- Internal laundry
- Sliding doors opening onto sunny courtyard
- Lock up single garage

Close to Schools, Shops & transport.

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Property History for 7/55 Park Rd, East Corrimal, NSW 2518

A timeline of how this property has performed in the market
Last Sold
$720,000
04 Nov 2024
Listed for Rent
$450/w
03 Mar 2021
  • 04 Nov 2024
    Sold for $720,000
  • 22 Feb 2021
    Listed for Rent $450 / week
  • 06 Aug 2018
    Listed for Rent $410 / week
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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 1,740 properties. Over the last 5 years, Houses in East Corrimal have seen a 67.54% increase in median value, while Units have seen a 39.81% increase. As at 31 October 2024:

  • The median value for Houses in East Corrimal is $1,306,748 while the median value for Units is $694,017.
  • Houses have a median rent of $700 while Units have a median rent of $500.
There are currently 6 properties listed for sale, and 6 properties listed for rent in East corrimal on OnTheHouse. According to CoreLogic's data, 62 properties were sold in the past 12 months in East corrimal.

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