OFF MARKET

601-607 Princes Highway
Russell Vale NSW 2517

Bedrooms: 1
Bathrooms: 1
Car spaces: 2
Land area: 3640m2
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Property Details for 601-607 Princes Hwy, Russell Vale

Building Type
Commercial
Land Size
3640m2
Local Government
Wollongong
Lot/Plan
100/DP873314

Last Listing description (February 2015)

Development site with residential and commercial zoning
:: Commercial & residential zoning
:: So many possibilities

:: Over 3,600 to develop on
:: Never been advertised before
:: Two street access for convenience
:: Tony Quin 0414 428 401
Fantastic opportunity to own this commercial/retail site on the main road with 3,600 sqm to re-develop on with commercial and residential zoning, big two street access with highway frontage, many possibilities for rent return, a number of options! First time being advertised, ring Tony for all the details.

Property History for 601-607 Princes Hwy, Russell Vale, NSW 2517

A timeline of how this property has performed in the market
Last Sold
$1,540,000
23 Oct 2014
  • 23 Oct 2014
    Sold for $1,540,000
  • 29 Jul 2014
    Listed for Sale $1,500,000
  • 22 May 2002
    Sold for $750,000
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About Russell Vale 2517

The size of Russell Vale is approximately 2.1 square kilometres. It has 5 parks covering nearly 14.5% of total area. The population of Russell Vale in 2011 was 1,517 people. By 2016 the population was 1,548 showing a population growth of 2.0% in the area during that time. The predominant age group in Russell Vale is 0-9 years. Households in Russell Vale are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Russell Vale work in a professional occupation. In 2011, 79.6% of the homes in Russell Vale were owner-occupied compared with 76.5% in 2016.

Russell Vale has 655 properties. Over the last 5 years, Houses in Russell Vale have seen a 63.50% increase in median value, while Units have seen a 36.29% increase. As at 31 October 2024:

  • The median value for Houses in Russell Vale is $1,337,414 while the median value for Units is $829,859.
  • Houses have a median rent of $880 while Units have a median rent of $595.
There are currently 1 property listed for sale, and no properties listed for rent in Russell vale on OnTheHouse. According to CoreLogic's data, 21 properties were sold in the past 12 months in Russell vale.

Suburb Insights for Russell Vale 2517

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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.