56 London Dr, West Wollongong is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1950. The property has a land size of 645m2 and floor size of 138m2. While the property is not currently for sale or for rent, it was last sold in November 2014.
Are you a first home buyer looking for a creative way to enter the market? A grandparent who needs some extra space for your visiting tribe? Is your house packed to the rafters but not nearly as much fun as the TV show? Have you ever looked at the scattered mess of your teenagers and wished to send them to their own home so yours stay clean? Does the thought of living in close quarters with your in-laws make you break out in a nervous giggle? Well we have the ideal solution, a lovely property in every sense that is perfectly split into two self- contained homes with their own entries, gardens and amenities. For the savvy investor there are multiple opportunities; rental, guesthouse or executive quarters for the expanding university, hospital and innovation city which is only moments away.
Begin your journey in the original 1950s circa brick character cottage, surrounded by beautiful native plants, the front garden is a private and peaceful haven. A spacious, light filled lounge room with high ceilings welcomes you, featuring decorative cornices and large sash windows. This leads to an open plan dining and kitchen. The kitchen is tidy with lots of cupboard and bench space. Two bedrooms are grouped together and feature built-in robes and original sash windows.
Keep walking through to the clever extension, purpose built to be a quality, self-contained and spacious home. A large, bright and open lounge room has windows along two walls allowing the light to pour in and revealing views of the garden. This leads to the generous country style kitchen with lots of bench space, a huge pantry and four-burner gas stove. The backyard is an enchanting cottage garden filled with fragrant herbs, natives, wild orchids and plenty of lawn for the kids to play. A spacious bedroom is light filled with a mountain views and built-in robes.
An adjoining deck provides an undercover place to meet for an afternoon cuppa and discuss the day. The garage can fit two cars and a spacious laundry can easily handle the big loads of a busy family.
In terms of returns you can expect a healthy weekly rental between $480 - $520 to rent the whole home or live in and rent out the second space.
The size of West Wollongong is approximately 2.1 square kilometres. It has 14 parks covering nearly 10.7% of total area. The population of West Wollongong in 2011 was 4,447 people. By 2016 the population was 4,824 showing a population growth of 8.5% in the area during that time. The predominant age group in West Wollongong is 20-29 years. Households in West Wollongong are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in West Wollongong work in a professional occupation. In 2011, 66.1% of the homes in West Wollongong were owner-occupied compared with 60.5% in 2016.
West Wollongong has 2,395 properties. Over the last 5 years, Houses in West Wollongong have seen a 50.67% increase in median value, while Units have seen a 35.59% increase. As at 31 October 2024:
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