47 Illowra CrescentPrimbee NSW 2502
Property Details for 47 Illowra Cres, Primbee
47 Illowra Cres, Primbee is a 1 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 591m2. While the property is not currently for sale or for rent, it was last sold in May 2010.
Last Listing description (July 2010)
Endless Possibilities
Rare opportunity to secure a mixed usage block of 5 complete with:- 2 x 2 bedroom & 1 x 1 bedroom self contained flats plus 2 x shop frontages. Also includes individual laundry facilities, garage plus double carport & situated in a prominent location.
The solid brick construction with off street parking access to the rear and additional on street parking at the front door could be suitable for a myriad of uses (STCA) or redevelopment.
With a prominent exposure for commercial / shop possibilities (STCA) this is a prime opportunity for an entrepreneur who requires convenience, exposure & a village lifestyle as prerequisites.
Handy to primary school, parks, lake, ocean, bus transport & with Warrawong CBD/ Westfield minutes drive away, it's easy to see why Primbee is regarded as one of the Illawarra's premier lakeside suburbs.
Rent as is, live in or renovate & capitalise, the choice is yours!
Property History for 47 Illowra Cres, Primbee, NSW 2502
- 15 Jun 2010Listed for Rent - Price not available
- 03 May 2010Sold for $406,600
- 13 Feb 2010Listed for Sale $425,000 + GST
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About Primbee 2502
The size of Primbee is approximately 3.3 square kilometres. It has 10 parks covering nearly 70.6% of total area. The population of Primbee in 2011 was 1,578 people. By 2016 the population was 1,649 showing a population growth of 4.5% in the area during that time. The predominant age group in Primbee is 50-59 years. Households in Primbee are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Primbee work in a trades occupation. In 2011, 64.7% of the homes in Primbee were owner-occupied compared with 66.8% in 2016.
Primbee has 820 properties. Over the last 5 years, Houses in Primbee have seen a 73.34% increase in median value, while Units have seen a 35.00% increase. As at 31 October 2024:
- The median value for Houses in Primbee is $1,008,413 while the median value for Units is $613,739.
- Houses have a median rent of $660 while Units have a median rent of $333.
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