SOLD
Sold on 14 May 2024 for $1,700,000

2 Moore Street
Gwynneville NSW 2500

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 72m2
Land area: 724m2
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Property Details for 2 Moore St, Gwynneville

2 Moore St, Gwynneville is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 1965. The property has a land size of 724m2 and floor size of 72m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 2 bedroom House sold in Gwynneville in the last 12 months.

Building Type
House
Year Built
1965
Floor Size
72m2
Land Size
724m2
Local Government
Wollongong
Lot/Plan
2/DP504490

Last Listing description (May 2024)

A rare opportunity to secure this exciting investment enterprise consisting of 1 two-bedroom unit and 4 one-bedroom Torrens title units. Neat and tidy complex offers extra-large bedrooms, generous living and dining area, renovated kitchens, two of the units have new bathrooms, timber floors throughout, the added bonus is the double brick construction with each residence currently rented.

Set on a level parcel of 721m2 (approx) the property is well positioned in a low traffic street with the dynamics of the Free Bus, Wollongong University, Wollongong Botanic Gardens, coffee shop and Wollongong's CBD guarantees a lifestyle that will appeal now and the future. For further information contact Michael Moate on 0417270036

Torrens Title block of 5 units

- 1 x 2 bedroom unit
- 4 x 1 Bedroom units
- Super investment opportunity
- Extra large bedrooms & living areas
- New Kitchens throughout, double brick construction
- Walk to Uni, Free Bus, Caf, shops
- Land size 721m2
- Council rates - $1,069.69
- Current rental return - $1,510.00
- Water per quarter $1,150
- Insurance $4101.71

Property History for 2 Moore St, Gwynneville, NSW 2500

A timeline of how this property has performed in the market
Last Sold
$1,700,000
14 May 2024
Listed for Rent
$200/w
17 Apr 2015
  • 14 May 2024
    Sold for $1,700,000
  • 22 Nov 2023
    Listed for Sale Under Contract
  • 15 Aug 2023
    Sold
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About Gwynneville 2500

The size of Gwynneville is approximately 1.2 square kilometres. It has 8 parks covering nearly 21% of total area. The population of Gwynneville in 2011 was 2,837 people. By 2016 the population was 3,109 showing a population growth of 9.6% in the area during that time. The predominant age group in Gwynneville is 20-29 years. Households in Gwynneville are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Gwynneville work in a professional occupation. In 2011, 46.7% of the homes in Gwynneville were owner-occupied compared with 42.6% in 2016.

Gwynneville has 1,328 properties. Over the last 5 years, Houses in Gwynneville have seen a 54.44% increase in median value, while Units have seen a 33.77% increase. As at 31 July 2024:

  • The median value for Houses in Gwynneville is $1,084,857 while the median value for Units is $653,695.
  • Houses have a median rent of $700 while Units have a median rent of $430.
There are currently 5 properties listed for sale, and 3 properties listed for rent in Gwynneville on OnTheHouse. According to CoreLogic's data, 37 properties were sold in the past 12 months in Gwynneville.

Suburb Insights for Gwynneville 2500

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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.