OFF MARKET

6 Korrongulla Crescent
Primbee NSW 2502

Bedrooms: 1
Bathrooms: 1
Car spaces: 4
Floor area: 44m2
Land area: 652m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 11 Nov 2024
Low

High
Save

Property Details for 6 Korrongulla Cres, Primbee

6 Korrongulla Cres, Primbee is a 1 bedroom, 1 bathroom House with 4 parking spaces and was built in 1964. The property has a land size of 652m2 and floor size of 44m2. While the property is not currently for sale or for rent, it was last sold in February 2023.

Building Type
House
Year Built
1964
Floor Size
44m2
Land Size
652m2
Local Government
Wollongong
Lot/Plan
228/DP9753

Last Listing description (April 2023)

Ali Yagmur of Domain Illawarra Real Estate is proud to offer this solid full brick investment with dual entrance. Currently 4 x 1-bedroom apartments returning a healthy $56,160 per annum gross with further potential to increase the rents and or strata them off. Each unit features and open plan living that combines with the lovely kitchen. Huge bedroom with built in wardrobes. Updated bathrooms that combines with the laundry. Located close to local schools, beautiful Lake Illawarra and a short drive to Warrawong Plaza, Port Kembla beach and pools.

Some of the many features include:
- Solid full brick building

- 4 x 1-bedroom apartments
- Currently returning $1,080 per week
- Open plan living
- Huge bedrooms with built in wardrobes
- Potential to Strata (stca)
- Potential to subdivide with dual entrance (stca)
- Located a few minutes' walk to beautiful Lake Illawarra and local schooling
- A short drive to Warrawong Plaza, Port Kembla golf club, beach, and pools

Property History for 6 Korrongulla Cres, Primbee, NSW 2502

A timeline of how this property has performed in the market
Last Sold
$1,020,000
21 Feb 2023
Listed for Rent
$250/w
17 May 2019
  • 21 Feb 2023
    Sold for $1,020,000
  • 24 Jan 2023
    Sold
  • 18 Jan 2023
    Listed for Sale $1,000,000 - $1,100,000
Sign in to see more transactions

Commute Calculator

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.
There are currently 4 properties listed for sale, and 3 properties listed for rent in Primbee on OnTheHouse. According to CoreLogic's data, 31 properties were sold in the past 12 months in Primbee.

Suburb Insights for Primbee 2502

Market Insights
Primbee Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Primbee Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.