OFF MARKET

12/51-59 Princes Highway
Fairy Meadow NSW 2519

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 71m2
Land area: 2082m2
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Property Details for 12/51-59 Princes Hwy, Fairy Meadow

12/51-59 Princes Hwy, Fairy Meadow is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2013. The property has a land size of 2082m2 and floor size of 71m2. While the property is not currently for sale or for rent, it was last sold in March 2020.

Building Type
Unit
Year Built
2013
Floor Size
71m2
Land Size
2082m2
Local Government
Wollongong
Lot/Plan
12/SP88472

Last Listing description (October 2020)

Choice of investment to suit you!

Modern 2 bedroom 1st floor unit in attractive complex positioned in the heart of Fairy Meadow's shopping district.

Featuring an open plan living area opening onto a large covered balcony with views over playing fields towards the escarpment. Generous bedrooms with BIW's, main with ensuite add to the appeal. Full security access and security basement parking.

Currently leased under the NRAS government funded project. Information available at www.dss.gov.au/nras

Could also be rented on private rental market or just move in and enjoy the convenience this location has to offer.

Council Rates $328.50 p/q approx
Water Rates $172.04 p/q approx
Strata Levies $877.35 p/q approx

Current rent as NRAS Scheme $328.00 p/w
plus $10,000 tax free per annum until 2026
Market rent $440.00 - 450.00 p/w

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Property History for 12/51-59 Princes Hwy, Fairy Meadow, NSW 2519

A timeline of how this property has performed in the market
Last Sold
$435,000
24 Mar 2020
Listed for Rent
19 Jun 2020
  • 26 May 2020
    Listed for Rent - Price not available
  • 24 Mar 2020
    Sold for $435,000
  • 11 Jul 2019
    Listed for Sale Sold
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About Fairy Meadow 2519

The size of Fairy Meadow is approximately 3.5 square kilometres. It has 22 parks covering nearly 21.2% of total area. The population of Fairy Meadow in 2011 was 6,586 people. By 2016 the population was 7,404 showing a population growth of 12.4% in the area during that time. The predominant age group in Fairy Meadow is 20-29 years. Households in Fairy Meadow are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Fairy Meadow work in a professional occupation. In 2011, 57.2% of the homes in Fairy Meadow were owner-occupied compared with 55.7% in 2016.

Fairy Meadow has 4,023 properties. Over the last 5 years, Houses in Fairy Meadow have seen a 53.73% increase in median value, while Units have seen a 41.42% increase. As at 30 November 2024:

  • The median value for Houses in Fairy Meadow is $1,164,792 while the median value for Units is $712,720.
  • Houses have a median rent of $680 while Units have a median rent of $525.
There are currently 18 properties listed for sale, and 16 properties listed for rent in Fairy meadow on OnTheHouse. According to CoreLogic's data, 139 properties were sold in the past 12 months in Fairy meadow.

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