OFF MARKET

3/51-59 Princes Highway
Fairy Meadow NSW 2519

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
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Property Details for 3/51-59 Princes Hwy, Fairy Meadow

3/51-59 Princes Hwy, Fairy Meadow is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2013. While the property is not currently for sale or for rent, it was last sold in November 2010.

Building Type
Unit
Year Built
2013
Local Government
Wollongong
Lot/Plan
3/SP88472

Last Listing description (September 2020)

Located in the heart of Fairy Meadow this stylish development is within easy walking distance to shops, cafes, schools and free bus service.

Positioned on level one with a pleasant outlook this 2 bedroom apartment is ideal for many and has lots of great features.

The kitchen comes with stainless steel appliances and the laundry includes a clothes dryer.

The combined lounge/dining area opens onto a balcony and built ins to both rooms. A single security parking space is also included.

*NOTE: this property is part of the National Rental Affordability Scheme (NRAS). Additional application & tenant eligibility criteria applies.

NRAS is a Government scheme which offers new properties (10 years old or newer) to low-moderate income earners, at a reduced rate: 80% of the market value. Additional applications & eligibility criteria applies. Applications will be available at the inspection or you can request them via email to professionals@teamsold.com.au

To be eligible, there is a maximum annual income limit for your household. If your income is more than the amount below, you are not eligible and therefore will not be allowed to apply.

One adult: $50,489
Two adults: $69,804
Three adults: $89,119
Four adults: $108,434

Sole parent with one child: $69,852
Sole parent with two children: $86,600
Sole parent with three children: $103,348

Couple with one child: $86,552
Couple with two children: $103,300

Property History for 3/51-59 Princes Hwy, Fairy Meadow, NSW 2519

A timeline of how this property has performed in the market
Last Sold
$369,000
22 Nov 2010
Listed for Rent
$336/w
29 Sep 2020
  • 24 Sep 2020
    Listed for Rent $336 / week
  • 22 Nov 2010
    Sold for $369,000

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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 4,009 properties. Over the last 5 years, Houses in Fairy Meadow have seen a 67.17% increase in median value, while Units have seen a 42.42% increase. As at 31 August 2024:

  • The median value for Houses in Fairy Meadow is $1,193,651 while the median value for Units is $715,302.
  • Houses have a median rent of $650 while Units have a median rent of $520.
There are currently 16 properties listed for sale, and 16 properties listed for rent in Fairy meadow on OnTheHouse. According to CoreLogic's data, 136 properties were sold in the past 12 months in Fairy meadow.

Suburb Insights for Fairy Meadow 2519

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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.