SOLD
Sold on 04 Dec 2023 for $900,000

3/87 Montague Street
North Wollongong NSW 2500

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 71m2
Land area: 3386m2
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Property Details for 3/87 Montague St, North Wollongong

Building Type
Commercial
Year Built
1982
Floor Size
71m2
Land Size
3386m2
Local Government
Wollongong
Lot/Plan
3/SP67778

Last Listing description (July 2024)

Prime location for your business.
Features two storey office structure and warehouse/ storage area with high roller door access off driveway.
Includes : Reception/ showroom, 6 offices/ work spaces, kitchenette, amenities, two off street parking spaces.

Would suit many businesses and uses. Could be used by own business or shared across a few.
Register your interest in this great property, to grow your business from.

Property History for 3/87 Montague St, North Wollongong, NSW 2500

A timeline of how this property has performed in the market
Last Sold
$900,000
04 Dec 2023
Listed for Rent
$48k/w
19 Oct 2023
  • 21 Jun 2024
    Listed for Rent $48,000 / year
  • 04 Dec 2023
    Sold for $900,000
  • 19 Oct 2023
    Listed for Rent $48,000 / month
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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 4 properties listed for sale, and 9 properties listed for rent in North wollongong on OnTheHouse. According to CoreLogic's data, 66 properties were sold in the past 12 months in North wollongong.

Suburb Insights for North Wollongong 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.