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Sold on 24 Feb 2024 for $1,175,000

5 Colgong Crescent
Towradgi NSW 2518

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
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Property Details for 5 Colgong Cres, Towradgi

5 Colgong Cres, Towradgi is a 3 bedroom, 2 bathroom House with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 3 bedroom House sold in Towradgi in the last 12 months.

Building Type
House
Local Government
Wollongong
Lot/Plan
38/DP31453

Last Listing description (February 2024)

With a reserve adjacent, this level property is prime for a renovation or re-build/development (subject to council approval).

It's been a hard decision for the long-term owner of this charming residence but now the time is right to move on from their family home. With a rear boundary of more than 30 metres wide, the lot allows the rear yard to benefit from its expansive and private aspect. The brick veneer three-bedroom residence offers wonderful scope for a contemporary renovation or potential expansion (STCA). Positioned in a quiet, convenient location and a tightly held locale, the property is within walking distance of Towradgi Beach, the local primary school and coffee shops.

Further features include:

• Laundry bathroom area with extra shower and toilet.
• Impressive level site, cozy cottage, detached garage and storage
• Land dimensions: 15.24ARC/24.33 x 31.67IRR/36.14; Land area: 602 m2 (approximates)
• Stunning park/reserve on eastern boundary, perfect for privacy and families
• Pedestrian bridge in cul-de-sac for shorter access to adjoining East Corrimal
• Beaches, local shops and train station within 3-minute drive (approx.)
• Potential duplex re-development opportunity (subject to approvals).

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Property History for 5 Colgong Cres, Towradgi, NSW 2518

A timeline of how this property has performed in the market
Last Sold
$1,175,000
24 Feb 2024
  • 24 Feb 2024
    Sold for $1,175,000
  • 30 Jan 2024
    Listed for Sale Auction | Bidders Guide $1,150,000
  • 27 Aug 1994
    Sold for $47,000
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About Towradgi 2518

The size of Towradgi is approximately 1.4 square kilometres. It has 11 parks covering nearly 23.7% of total area. The population of Towradgi in 2011 was 3,123 people. By 2016 the population was 3,124 showing a population growth of 0.0% in the area during that time. The predominant age group in Towradgi is 40-49 years. Households in Towradgi are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Towradgi work in a professional occupation. In 2011, 66.4% of the homes in Towradgi were owner-occupied compared with 64.1% in 2016.

Towradgi has 1,510 properties. Over the last 5 years, Houses in Towradgi have seen a 74.03% increase in median value, while Units have seen a 49.74% increase. As at 31 October 2024:

  • The median value for Houses in Towradgi is $1,305,993 while the median value for Units is $806,731.
  • Houses have a median rent of $750 while Units have a median rent of $510.
There are currently 4 properties listed for sale, and 4 properties listed for rent in Towradgi on OnTheHouse. According to CoreLogic's data, 43 properties were sold in the past 12 months in Towradgi.

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