SOLD
Sold on 20 Oct 2023 for $1,178,000

644-646 Princes Highway
Russell Vale NSW 2517

Bedrooms: 4
Bathrooms: 2
Car spaces: 10
Floor area: 542m2
Land area: 727m2
Sold By
Jason Hines
FITZGERALD HINES
Jason Stevenson
FITZGERALD HINES
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Property Details for 644-646 Princes Hwy, Russell Vale

644-646 Princes Hwy, Russell Vale is a 4 bedroom, 2 bathroom Unit with 10 parking spaces. The property has a land size of 727m2 and floor size of 542m2. While the property is not currently for sale or for rent, it was last sold in October 2023. There are other 4 bedroom Unit sold in Russell Vale in the last 12 months.

Building Type
Unit
Floor Size
542m2
Land Size
727m2
Local Government
Wollongong
Lot/Plan
1/DP548953

Last Listing description (November 2023)

Northern Suburbs investment opportunity...
Consisting of 2 x 2 bedroom units and 2 shops/commercial units.

Currently returning $1150 per week - totally $60,000 P.A. (approx)

Market value could potential be $1400 per week.

Coucil Rates per year $5655.07
Water Charges per year $2940.86

All leases are expired but all tenants are excellent and willing to stay on.
For more information contact the Fitzgerald Hines team.

Property History for 644-646 Princes Hwy, Russell Vale, NSW 2517

A timeline of how this property has performed in the market
Last Sold
$1,178,000
20 Oct 2023
  • 20 Oct 2023
    Sold for $1,178,000
  • 08 Oct 2023
    Listed for Sale Price Guide $1,200,000
  • 29 Jan 2009
    Sold for $500,000
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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 659 properties. Over the last 5 years, Houses in Russell Vale have seen a 70.46% increase in median value, while Units have seen a 42.98% increase. As at 30 September 2024:

  • The median value for Houses in Russell Vale is $1,379,084 while the median value for Units is $859,594.
  • Houses have a median rent of $860 while Units have a median rent of $560.
There are currently no properties listed for sale, and no properties listed for rent in Russell vale on OnTheHouse. According to CoreLogic's data, 24 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.