18 Ajax AvenueNorth Wollongong NSW 2500
Property Details for 18 Ajax Ave, North Wollongong
18 Ajax Ave, North Wollongong is a 4 bedroom, 1 bathroom House with 2 parking spaces and was built in 1953. The property has a land size of 566m2 and floor size of 120m2. While the property is not currently for sale or for rent, it was last sold in November 2022.
Last Listing description (November 2022)
Set on a 547m2 corner block with a sunny backyard in a convenient North Wollongong location. This is an exceptional opportunity for the savvy investor and keen renovator. Representing exceptional value for money, opportunities like this are few and far between.
This central location is highly sought after amongst tertiary students, being an easy 1.6km walk, cycle or free shuttle bus to the nearby Innovation Campus and University of Wollongong. Prime location, opposite Wollongong PCYC and Wollongong Olympic Soccer Field with easy access to a multitude of public transport options, including North Wollongong Train Station which is only 500m away.
This home offers an incredible return on investment, leased at $700 per week with the property previously leased at $900 per week without the granny flat included.
This period home features:
- Four bedrooms plus study, and self-contained studio.
- Spacious master bedroom with built in wardrobes.
- Living and dining rooms plus additional sun room overlooking the back yard.
- Undercover deck is perfect for entertaining for those summer BBQ's out the back in the sun.
- Fully fenced, level grassed yard with room aplenty for activities.
- Single car space plus additional off-street parking.
- 547 sqm corner block with separate access to self-contained studio from the street
- Tenanted until 19th June 2023 at $700 per week with rental potential of $850 - $950 per week
All the spoils of North Wollongong are right at your doorstep, within a level 1km walk!
Take a morning run along the shared pathway, heading North past beautiful Stuart Park, or head straight for the Blue Mile, indulging in a refreshing swim at the Continental Baths, or Sunday brunch at Diggies. Sneaky Summer afternoon aperitifs can be enjoyed at popular North Wollongong Hotel, which is a short 300m away.
This home offers a solid return on investment, and is currently tenanted until 19th June 2023. Alternatively, if you love a good project, this is the perfect opportunity to indulge your renovator skills, where your imagination is the only limit. With a highly convenient North Wollongong locale and options galore, this home reflects exceptional value for the clever renovator or investor alike.
This is an extraordinary opportunity, not to be missed!
Property History for 18 Ajax Ave, North Wollongong, NSW 2500
- 04 Nov 2022Sold for $820,000
- 16 Sep 2022Listed for Sale $810,000 - $830,000
- 29 Apr 2022Listed for Rent $720 / 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 1,619 properties. Over the last 5 years, Houses in North Wollongong have seen a 43.54% increase in median value, while Units have seen a 38.38% increase. As at 31 August 2024:
- The median value for Houses in North Wollongong is $1,176,085 while the median value for Units is $772,503.
- Houses have a median rent of $638 while Units have a median rent of $500.
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