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Sold on 04 Nov 2024 for $1,530,000

55 Balgownie Road
Fairy Meadow NSW 2519

Bedrooms: 7
Bathrooms: 4
Car spaces: 4
Land area: 917m2
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Property Details for 55 Balgownie Rd, Fairy Meadow

55 Balgownie Rd, Fairy Meadow is a 7 bedroom, 4 bathroom House with 4 parking spaces. The property has a land size of 917m2. While the property is not currently for sale or for rent, it was last sold in November 2024. There are other 7 bedroom House sold in Fairy Meadow in the last 12 months.

Building Type
House
Land Size
917m2

Last Listing description (November 2024)

Incredibly rare offering that would suit those accommodating the extended family or those searching for an excellent investment opportunity. Located within minutes stroll to Balgownie village with excellent access to public transport, this exceptional opportunity comprises;
• Well proportioned 5 bedroom home and a more modern 2 bedroom 2nd dwelling.
• Front residence is a generously proportioned family sized, 5 bedroom single storey home with 2nd living.

• Approximately 8 years old rear dwelling is a modern 2 bedroom home with 2nd bathroom.
• Level site at approx 917m2, with ample off-street parking opportunity.
• Approximate 5 minute stroll to the wonderful Balgownie Village. Boasting various retail, eateries, social club and the historic Balgownie Hotel.
• Fairy Meadow retail precinct and train station within an approximate 2-3 minute drive.
• Approximate 4 minute drive to Towradgi Beach and 6 minute drive to North Wollongong beach.
• Bus stop immediately at the front of the property.
• Highly regarded schools (both government and non-government) within 1-4 minute drive.
• Acres of parks and sporting fields within 3-6 minute walk.
• Property is situated in a prime blue chip location.
• Currently leased to excellent tenants, totalling $1,530 per week.

Disclaimer: We have obtained all information provided here from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations and satisfy themselves of all aspects of such information including and without limitation, any income, rentals, dimensions, areas, zoning, inclusions and exclusions.

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Property History for 55 Balgownie Rd, Fairy Meadow, NSW 2519

A timeline of how this property has performed in the market
Last Sold
$1,530,000
04 Nov 2024
Listed for Rent
$550/w
08 Oct 2024
  • 04 Nov 2024
    Sold for $1,530,000
  • 30 Sep 2024
    Listed for Rent $550 / week
  • 04 Sep 2024
    Listed for Sale Price Guide $1,599,000
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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 4,023 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 17 properties listed for sale, and 15 properties listed for rent in Fairy meadow on OnTheHouse. According to CoreLogic's data, 140 properties were sold in the past 12 months in Fairy meadow.

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