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Sold on 12 Jul 2024 - Price Unavailable

1 Porter Street
North Wollongong NSW 2500

Bedrooms: 5
Bathrooms: 3
Car spaces: -
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Property Details for 1 Porter St, North Wollongong

1 Porter St, North Wollongong is a 5 bedroom, 3 bathroom House. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 5 bedroom House sold in North Wollongong in the last 12 months.

Building Type
House

Last Listing description (July 2024)

RENT POTENTIAL APPROX. $1400 per week!

Elders Real Estate Wollongong are proud to offer this rare opportunity to secure 2 homes on the one block.

Dual Investment Opportunity!

Positioned in well-established popular Wollongong University Precinct

Located directly adjacent to the North Wollongong Railway station, which is the main rail link entry to the Wollongong University

Property is set on a generous 835m2 land and zoned R2.

Property features:

Front property
- Neat, well-presented single level, spacious 3-bedroom home plus study, BIW,
- Main with ensuite along with further shared ensuite from bedroom 2-3
- Timber kitchen, spacious living/ lounge and separate dining areas
- Timber flooring throughout

Rear Property
- Detached 2 Bedroom Flat with ensuite, BIW, practical kitchen,
- Laminate floors

PLUS - Large 40m2 Workshop/Garage/Storage at rear

Bonus – Multiple parking spots for both front and back properties.

Large, grassed yard, with further development potential S.T.C.A

Conveniently positioned with only moments to Wollongong Mall shopping precinct, pristine beaches, golf course, cafes, restaurants, Wollongong University, Tafe, Both Wollongong Public and Private Hospitals, schools and transport.

This exclusive property presents a perfect, opportunity to add to your property portfolio as a simple investment offering student accommodation or potential first home.

Rent both, live in one and/or occupy the whole property.

An ideal strategic investment opportunity - Better than money in the bank.

These properties will not disappoint!

VACANT POSSESSION AVAILABLE

Easy access to M1 Motorway, Sydney CBD, and airport just over an hour away

This property definitely is a must see!

Call today and schedule your private inspection!

Property History for 1 Porter St, North Wollongong, NSW 2500

A timeline of how this property has performed in the market
Last Sold
12 Jul 2024
Listed for Rent
$400/w
08 May 2024
  • 11 Jul 2024
    Sold for $975,000
  • 26 Jun 2024
    Listed for Sale Expressions Of Interest
  • 15 Mar 2024
    Listed for Rent $400 / week
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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 1,617 properties. Over the last 5 years, Houses in North Wollongong have seen a 39.08% increase in median value, while Units have seen a 40.80% increase. As at 30 November 2024:

  • The median value for Houses in North Wollongong is $1,223,617 while the median value for Units is $778,157.
  • Houses have a median rent of $550 while Units have a median rent of $540.
There are currently 6 properties listed for sale, and 11 properties listed for rent in North wollongong on OnTheHouse. According to CoreLogic's data, 65 properties were sold in the past 12 months in North wollongong.

Suburb Insights for North Wollongong 2500

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Lou Niceski
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Jonathan Niceski
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Elders Real Estate Wollongong
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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.