655 Princes HighwayRussell Vale NSW 2517
Property Details for 655 Princes Hwy, Russell Vale
Last Listing description (October 2024)
Take this rare opportunity to secure a quality block in this brand new boutique subdivision in the North Suburbs, "Black Dimond Estate"
Offering 19 level blocks of land, ranging from 450m2 to 1141.6m2 in size.
Situated in one of the Illawarra's most sought-after established central locations, providing a once in a lifetime opportunity to design and build your new home.
Zoned R2 with selected lots providing the opportunity for Duplex construction (STCA)
Registration expected May 2023
Positioned within minutes drive to Russell Vale Golf Club, Woonona and Bellambi beach, Corrimal shopping precinct, schools, public transport, approximately a 10-minute drive to Wollongong CBD and easy access to the M1 freeway to Sydney.
- Black Diamond Estate
- Boutique Sub-division with 19x level blocks
- Sizes ranging from 450m2 to 1141.6m2
- R2 Zoned - Selected lots providing opportunity for Duplex construction (STCA)
- Registration expected May 2023
- Sought after established central location in the Northern Suburbs
Contact Anthony Sorace for more information 0413690459
Property History for 655 Princes Hwy, Russell Vale, NSW 2517
- 31 Jul 2024Listed for Sale From $749,000
- 23 Nov 2018Sold for $3,300,000
- 29 Mar 2014Listed for Sale OFFERS ABOVE $380,000
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0About 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.
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