SOLD
Sold on 11 Sep 2024 for $970,000

5/16 Ocean Street
Thirroul NSW 2515

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 56m2
Land area: 690m2
Sold By
One Agency Kane Downie
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Property Details for 5/16 Ocean St, Thirroul

5/16 Ocean St, Thirroul is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 690m2 and floor size of 56m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 2 bedroom Unit sold in Thirroul in the last 12 months.

Building Type
Unit
Year Built
1970
Floor Size
56m2
Land Size
690m2
Local Government
Wollongong
Lot/Plan
5/SP45004

Last Listing description (October 2024)

In one of Thirroul's finest settings between the beach and the village buzz, this bright and airy apartment has a fresh coastal feel. Renovated throughout, there is nothing to do but move in and embrace the idyllic beachside lifestyle. Nothing short of blue-chip, the address itself brings a glorious sense of serenity together with vibrant convenience just a few minutes' stroll from cafes and restaurants, shopping, transport and 100 metres from Thirroul Beach Reserve.

- Step inside and appeal is immediate, cool retro arches and wide timber look floors create a fresh coastal feel
- Ready to enjoy in a boutique block of five only steps from the sand and sea

- Versatile appeal as a beach side abode, idyllic first home, weekender or lucrative investment
- Sunshine streaming in from multiple windows adorned with plantation shutters
- Sliding-door flows to private sun filled balcony, with stunning northern escarpment views
- The kitchen embraces the coastal vibe, stone bench tops, plenty of cupboards and dishwasher for convenience
- Two privately tucked-away bedrooms of good size also enjoy the mountain view
- Renovated bathroom has a lovely palate of ocean blue tiles blending with the timber look vanity
- Modern well-proportioned laundry with lots of storage, as well as separate double linen cupboard
- A variety of heating and cooling options with ceiling fans throughout and reverse cycle AC in the lounge
- Spacious lock-up garage with the convenience of power with room for the bikes and surfboards
- For the investor, estimated returns of $600 - $650pw with excellent strata credentials (strata report available on request) and levies of $875pq
- Return from a crowd free morning swim or surf and worship glorious sun with a fresh brew
- Coastal lifestyle minutes from coffee shops, ocean pool, Surf Club, bike track and kids' playground
- Both local primary schools, childcare centres, bus stops and station in easy reach
- Short walk to Thirroul train station, with express services to Sydney and Wollongong

Property History for 5/16 Ocean St, Thirroul, NSW 2515

A timeline of how this property has performed in the market
Last Sold
$970,000
11 Sep 2024
  • 11 Sep 2024
    Sold for $970,000
  • 17 Jul 2024
    Listed for Sale Price guide $930,000 - $970,000
  • 19 Dec 2017
    Sold for $660,000
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About Thirroul 2515

The size of Thirroul is approximately 4.9 square kilometres. It has 20 parks covering nearly 52.5% of total area. The population of Thirroul in 2011 was 5,619 people. By 2016 the population was 6,086 showing a population growth of 8.3% in the area during that time. The predominant age group in Thirroul is 50-59 years. Households in Thirroul are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Thirroul work in a professional occupation. In 2011, 74.2% of the homes in Thirroul were owner-occupied compared with 77.2% in 2016.

Thirroul has 2,894 properties. Over the last 5 years, Houses in Thirroul have seen a 61.33% increase in median value, while Units have seen a 62.50% increase. As at 30 November 2024:

  • The median value for Houses in Thirroul is $1,767,698 while the median value for Units is $1,210,761.
  • Houses have a median rent of $900 while Units have a median rent of $650.
There are currently 7 properties listed for sale, and 3 properties listed for rent in Thirroul on OnTheHouse. According to CoreLogic's data, 112 properties were sold in the past 12 months in Thirroul.

Suburb Insights for Thirroul 2515

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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.