OFF MARKET

5 Binda Street
Keiraville NSW 2500

Bedrooms: 8
Bathrooms: 3
Car spaces: 2
Floor area: 332m2
Land area: 562m2
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Property Details for 5 Binda St, Keiraville

5 Binda St, Keiraville is a 8 bedroom, 3 bathroom House with 2 parking spaces and was built in 1990. The property has a land size of 562m2 and floor size of 332m2. While the property is not currently for sale or for rent, it was last sold in October 2019.

Building Type
House
Year Built
1990
Floor Size
332m2
Land Size
562m2
Local Government
Wollongong
Lot/Plan
2/DP621345

Last Listing description (November 2019)

The property is a three story house, one street from the University of Wollongong and has a long history as a share house for students.
It has eight bedrooms, three bathrooms, five toilets, and features a very large kitchen, dining room and lounge room. It has a den with a games room on the bottom level and plentiful storage throughout. It comes fully furnished, well maintained and as a currently running proposition.
The eight bedroom layout of the house is fully council approved and encompasses 314 square metres of living area plus parking for four cars. The property is very low maintenance with a pleasant outdoor area. The property is very durable with the living areas having internal brick walls.

The property returns 5% at the asking price which is a rare yield for residential property. It has a history of nearly 100% occupancy and is vastly oversubscribed every February. Gross rent near the university is proportional to the number of bedrooms available in a house, which gives this house a large income advantage over any other nearby property, with potential to increase this yield.
Students love this house when they inspect and it is arguably the best student accomodation in this price range in Wollongong.
Message Tony on 0401085999 for an inspection.
Genuine buyers only.

Property History for 5 Binda St, Keiraville, NSW 2500

A timeline of how this property has performed in the market
Last Sold
$1,075,000
17 Oct 2019
  • 17 Oct 2019
    Sold for $1,075,000
  • 05 Apr 2019
    Listed for Sale $1,200,000
  • 22 Oct 2017
    Listed for Sale Price On Request
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About Keiraville 2500

The size of Keiraville is approximately 2.5 square kilometres. It has 17 parks covering nearly 17.2% of total area. The population of Keiraville in 2011 was 3,343 people. By 2016 the population was 3,536 showing a population growth of 5.8% in the area during that time. The predominant age group in Keiraville is 20-29 years. Households in Keiraville are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Keiraville work in a professional occupation. In 2011, 63.1% of the homes in Keiraville were owner-occupied compared with 60.4% in 2016.

Keiraville has 1,539 properties. Over the last 5 years, Houses in Keiraville have seen a 54.75% increase in median value, while Units have seen a 39.76% increase. As at 31 October 2024:

  • The median value for Houses in Keiraville is $1,147,157 while the median value for Units is $736,976.
  • Houses have a median rent of $700 while Units have a median rent of $520.
There are currently 5 properties listed for sale, and 8 properties listed for rent in Keiraville on OnTheHouse. According to CoreLogic's data, 38 properties were sold in the past 12 months in Keiraville.

Suburb Insights for Keiraville 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.