SOLD
Sold on 17 Sep 2024 for $520,000

3/11 Zelang Avenue
Figtree NSW 2525

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 72m2
Land area: 942m2
Sold By
Betschwar & Co Wollongong
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Property Details for 3/11 Zelang Ave, Figtree

3/11 Zelang Ave, Figtree is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1974. The property has a land size of 942m2 and floor size of 72m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 2 bedroom Unit sold in Figtree in the last 12 months.

Building Type
Unit
Year Built
1974
Floor Size
72m2
Land Size
942m2
Local Government
Wollongong
Lot/Plan
3/SP7991

Last Listing description (October 2024)

This bright and airy apartment is an ideal first home or investment opportunity, offering an excellent entry point into a sought-after location with a convenient lifestyle. Featuring spacious interiors and a sunlit leafy outlook, the property is set back from the street and quietly positioned on the top floor of a small complex of just five. With close proximity to the CBD and all amenities, it presents a highly convenient, low-maintenance living option.

- Open plan with combined living and dining, north-facing balcony
- Sun washed contemporary kitchen boasts ample counter space

- Offering two well-sized light-filled bedrooms, quality carpeting
- Neat original bathroom with separate bath/shower, laundry facilities
- Spacious single lock-up garage, north-facing balcony, intercom access
- Moments from public transport, local shops, schools and parklands
- Solid investment with an estimated rental return of $450-$500 p/w

Please see rates below:
Strata - $971 per quarter
Council - $405 per quarter (approx.)
Water - $172 per quarter (approx.)

Property History for 3/11 Zelang Ave, Figtree, NSW 2525

A timeline of how this property has performed in the market
Last Sold
$520,000
17 Sep 2024
Listed for Rent
$375/w
15 Feb 2023
  • 17 Sep 2024
    Sold for $520,000
  • 11 Sep 2024
    Listed for Sale $430,000 - $470,000
  • 31 Jan 2023
    Listed for Rent $375 / week
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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 5,069 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 20 properties listed for sale, and 13 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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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.