OFF MARKET

9 Wallace Road
Fernhill NSW 2519

Bedrooms: 6
Bathrooms: 3
Car spaces: 1
Floor area: 380m2
Land area: 688m2
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Last updated 18 Nov 2024
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Property Details for 9 Wallace Rd, Fernhill

9 Wallace Rd, Fernhill is a 6 bedroom, 3 bathroom House with 1 parking spaces and was built in 1960. The property has a land size of 688m2 and floor size of 380m2. While the property is not currently for sale or for rent, it was last sold in September 2011.

Building Type
House
Year Built
1960
Floor Size
380m2
Land Size
688m2
Local Government
Wollongong
Lot/Plan
2/6/DP4451

Last Listing description (September 2011)

Great Position
What an opportunity to secure this great block of land within this tightly held precinct.
Unleash extraordinary potential in this prominent locale, near public transport, schools and speciality shops.

This property offers a solid brick home which has been split into 1 x 2 bedroom and 1 x 3 bedroom flats with a total rent of $370 per week.
The home offers exciting renovation/redevelopment opportunities subject to Council approval all set on a level 688 sqm block.

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Property History for 9 Wallace Rd, Fernhill, NSW 2519

A timeline of how this property has performed in the market
Last Sold
$442,500
22 Sep 2011
  • 11 Sep 2024
    Sold
  • 22 Sep 2011
    Sold for $442,500
  • 23 Aug 2011
    Listed for Sale $450,000
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About Fernhill 2519

The size of Fernhill is approximately 0.4 square kilometres. It has 5 parks covering nearly 5% of total area. The population of Fernhill in 2011 was 1,024 people. By 2016 the population was 1,011 showing a population decline of 1.3% in the area during that time. The predominant age group in Fernhill is 50-59 years. Households in Fernhill are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Fernhill work in a professional occupation. In 2011, 46.1% of the homes in Fernhill were owner-occupied compared with 45.3% in 2016.

Fernhill has 512 properties. Over the last 5 years, Houses in Fernhill have seen a 75.13% increase in median value, while Units have seen a 42.02% increase. As at 31 October 2024:

  • The median value for Houses in Fernhill is $1,207,926 while the median value for Units is $843,004.
  • Houses have a median rent of $680.
There are currently 3 properties listed for sale, and 1 property listed for rent in Fernhill on OnTheHouse. According to CoreLogic's data, 16 properties were sold in the past 12 months in Fernhill.

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