SOLD
Sold on 30 Aug 2024 for $527,000

57/214-220 Princes Highway
Fairy Meadow NSW 2519

Bedrooms: 2
Bathrooms: 2
Car spaces: -
Floor area: 71m2
Land area: 6637m2
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MMJ North
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Property Details for 57/214-220 Princes Hwy, Fairy Meadow

57/214-220 Princes Hwy, Fairy Meadow is a 2 bedroom, 2 bathroom Unit and was built in 2004. The property has a land size of 6637m2 and floor size of 71m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 2 bedroom Unit sold in Fairy Meadow in the last 12 months.

Building Type
Unit
Year Built
2004
Floor Size
71m2
Land Size
6637m2
Local Government
Wollongong
Lot/Plan
57/SP72178

Last Listing description (October 2024)

Step into this recently renovated two-bedroom residence, where convenience meets contemporary living in an exceptional location. Situated on the third floor of Block B and facing east, the open concept living and dining area offers a seamless and harmonious living space. Both bedrooms are carpeted and equipped with built-in wardrobes, complemented by spacious bathrooms and a large internal laundry area.

The meticulously maintained complex, overseen by an on-site Building Manager, offers secure parking, pin-coded unit access, swimming pools, and a half-sized tennis court for your recreational needs.

Ideally situated, this property is in close proximity to a wealth of amenities, including restaurants, the Wollongong CBD, beaches, TAFE, the University of Wollongong, public transportation, and a complimentary shuttle bus service.

Currently leased until January 24, 2025, with a rental return of $480 per week, this property offers an ideal investment opportunity. Or secure a steady income stream now for your move in date next year.

Important Numbers:
Council Rates- $221per quarter
Water Rates- $173per quarter
Strata Rates- $1,481per quarter

*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 as to the accuracy of the information published.

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Property History for 57/214-220 Princes Hwy, Fairy Meadow, NSW 2519

A timeline of how this property has performed in the market
Last Sold
$527,000
30 Aug 2024
Listed for Rent
$470/w
24 Jan 2023
  • 30 Aug 2024
    Sold for $527,000
  • 30 Jul 2024
    Listed for Sale $527,000
  • 12 Jan 2023
    Listed for Rent $470 / week
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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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