SOLD
Sold on 01 May 2024 for $690,000

7/58 Bourke Street
North Wollongong NSW 2500

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 77m2
Land area: 1290m2
Sold By
Betschwar & Co Wollongong
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Property Details for 7/58 Bourke St, North Wollongong

7/58 Bourke St, North Wollongong is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1979. The property has a land size of 1290m2 and floor size of 77m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 2 bedroom Unit sold in North Wollongong in the last 12 months.

Building Type
Unit
Year Built
1979
Floor Size
77m2
Land Size
1290m2
Local Government
Wollongong
Lot/Plan
7/SP15103

Last Listing description (May 2024)

Neatly presented to please young home seekers and savvy investors, this elevated apartment combines effortless living with a vibrant city lifestyle. Privately nestled within the rear complex, this property boasts a highly desirable location and is conveniently located within moments of North Wollongong beach, cafes, restaurants and the Blue Mile coastal walk, providing the ultimate opportunity.

- Inviting open and airy interiors enjoy a leafy green aspect
- Modern stone kitchen features breakfast bar, dishwasher

- Two bedrooms, spacious main with additional sunroom
- Contemporary bathroom features separate bath/shower
- Internal laundry, timber look vinyl flooring throughout
- Single lock up garage, located close to public transport
- Ideal investment opportunity with proximity to UOW

Property History for 7/58 Bourke St, North Wollongong, NSW 2500

A timeline of how this property has performed in the market
Last Sold
$690,000
01 May 2024
Listed for Rent
$450/w
30 Aug 2021
  • 01 May 2024
    Sold for $690,000
  • 04 Apr 2024
    Listed for Sale $700,000 - $740,000
  • 13 Apr 2022
    Sold for $725,000
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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 1,621 properties. Over the last 5 years, Houses in North Wollongong have seen a 38.60% increase in median value, while Units have seen a 33.81% increase. As at 31 July 2024:

  • The median value for Houses in North Wollongong is $1,110,007 while the median value for Units is $739,891.
  • Houses have a median rent of $638 while Units have a median rent of $500.
There are currently 5 properties listed for sale, and 18 properties listed for rent in North wollongong on OnTheHouse. According to CoreLogic's data, 75 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.