OFF MARKET

15 Zelang Avenue
Figtree NSW 2525

Bedrooms: 10
Bathrooms: 5
Car spaces: 5
Land area: 809m2
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Last updated 11 Nov 2024
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Property Details for 15 Zelang Ave, Figtree

15 Zelang Ave, Figtree is a 10 bedroom, 5 bathroom Unit with 5 parking spaces. The property has a land size of 809m2. While the property is not currently for sale or for rent, it was last sold in November 2021.

Building Type
Unit
Land Size
809m2
Local Government
Wollongong
Lot/Plan
18/DP237297

Last Listing description (March 2023)

If you have an eye for a sound investment then this well-built block of 5 x 2 bedroom units, to be sold in one line, may suit you.
Built over 2 levels with basement parking plus storerooms and is positioned in a quiet tree-lined avenue close to Figtree Grove Shopping Centre and on bus routes to town. All units have spacious living areas, defined dining areas, big kitchens, generous-sized bedrooms, internal laundries, and balconies.

Unit sizes range from 74m2 to 83m2 plus garage and storerooms. Selling with proposed strata plan, ready to register when desired. Great long-term investment. Perfect for Self Funded Superfund (please seek your own financial advice). Rents are currently low as long-term tenants in place.

Inspections by appointment only.

PLEASE NOTE, as we are in lockdown due to COVID-19, we are offering inspections by appointment only. Conditions to these inspections are, only one person at a time allowed inside the property and you must wear a face mask. Sanitizer will be provided by the agent.

Current gross rental - $86,840 pa
Council rates - $4,942 pa
Water rates - $2,914.20 pa plus usage
Insurance - $2,855.66 pa

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Property History for 15 Zelang Ave, Figtree, NSW 2525

A timeline of how this property has performed in the market
Last Sold
$2,050,000
30 Nov 2021
  • 30 Nov 2021
    Sold for $2,050,000
  • 27 May 2021
    Listed for Sale Expression of Interest
  • 09 Sep 2020
    Listed for Rent - Price not available
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About Figtree 2525

The size of Figtree is approximately 8.5 square kilometres. It has 21 parks covering nearly 7% of total area. The population of Figtree in 2011 was 10,629 people. By 2016 the population was 11,535 showing a population growth of 8.5% in the area during that time. The predominant age group in Figtree is 40-49 years. Households in Figtree are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Figtree work in a professional occupation. In 2011, 80.9% of the homes in Figtree were owner-occupied compared with 80.6% in 2016.

Figtree has 5,068 properties. Over the last 5 years, Houses in Figtree have seen a 50.73% increase in median value, while Units have seen a 39.14% increase. As at 31 October 2024:

  • The median value for Houses in Figtree is $1,052,684 while the median value for Units is $742,968.
  • Houses have a median rent of $720 while Units have a median rent of $578.
There are currently 21 properties listed for sale, and 12 properties listed for rent in Figtree on OnTheHouse. According to CoreLogic's data, 183 properties were sold in the past 12 months in Figtree.

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