SOLD
Sold on 27 Aug 2024 for $520,000

1/62 Bourke Street
North Wollongong NSW 2500

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 55m2
Land area: 830m2
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Property Details for 1/62 Bourke St, North Wollongong

1/62 Bourke St, North Wollongong is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1994. The property has a land size of 830m2 and floor size of 55m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 2 bedroom Unit sold in North Wollongong in the last 12 months.

Building Type
Unit
Year Built
1994
Floor Size
55m2
Land Size
830m2
Local Government
Wollongong
Lot/Plan
1/SP48773

Last Listing description (October 2024)

Positioned on the first floor, this beautifully styled two-bedroom apartment offers easy-care living paired with the ultimate convenience of being located within Wollongong's beaches, CBD, and all transport services.

Neatly appointed with two spacious bedrooms, large balcony and single allocated car space, it presents the perfect entry-level opportunity for the smart investor or first home buyer.

- Spacious, light and airy living area with a balcony access

- Neat and tidy kitchen with adjoining dining area
- Two well sized bedrooms both fitted with built-in wardrobes and private balcony
- Internal laundry with storage
- Allocated secure single car space
- Positioned on the first floor at the front of the complex
- Estimated rental return $450 per week
- Strata report available

Council $365pq* | Strata $1,249pq* | Water $172pq* | Estimate Rental Return $450 per week*
*figures are approximate

Property History for 1/62 Bourke St, North Wollongong, NSW 2500

A timeline of how this property has performed in the market
Last Sold
$520,000
27 Aug 2024
Listed for Rent
$380/w
01 Nov 2017
  • 27 Aug 2024
    Sold for $520,000
  • 13 Aug 2024
    Listed for Sale $520,000
  • 08 Oct 2021
    Sold
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About North Wollongong 2500

The size of North Wollongong is approximately 2.5 square kilometres. It has 9 parks covering nearly 32.6% of total area. The population of North Wollongong in 2011 was 2,272 people. By 2016 the population was 2,592 showing a population growth of 14.1% in the area during that time. The predominant age group in North Wollongong is 20-29 years. Households in North Wollongong are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in North Wollongong work in a professional occupation. In 2011, 36.5% of the homes in North Wollongong were owner-occupied compared with 33.4% in 2016.

North Wollongong has 1,592 properties. Over the last 5 years, Houses in North Wollongong have seen a 44.13% increase in median value, while Units have seen a 40.42% increase. As at 31 October 2024:

  • The median value for Houses in North Wollongong is $1,214,056 while the median value for Units is $770,620.
  • Houses have a median rent of $620 while Units have a median rent of $530.
There are currently 5 properties listed for sale, and 11 properties listed for rent in North wollongong on OnTheHouse. According to CoreLogic's data, 68 properties were sold in the past 12 months in North wollongong.

Suburb Insights for North Wollongong 2500

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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.