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Sold on 22 Aug 2024 for $175,000

7/1-5 Mount Keira Road
West Wollongong NSW 2500

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
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Property Details for 7/1-5 Mount Keira Rd, West Wollongong

7/1-5 Mount Keira Rd, West Wollongong is a 1 bedroom, 1 bathroom Unit with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 1 bedroom Unit sold in West Wollongong in the last 12 months.

Building Type
Unit
Local Government
Wollongong
Lot/Plan
7/SP46399

Last Listing description (August 2024)

The ideal opportunity to dive into the property market or add to your portfolio with this generously sized studio apartment.

Best in the block, this studio has a large floor plan and level access at the rear of the block, enjoying 31m2 internal living space plus a dedicated car space with 48m2 on title.

Updated with a new kitchen, renovated bathroom and internal laundry.

Located in a prime position, minutes from the Wollongong CBD with buses at the door, close to shops and the university, making it a highly attractive investment for rental income or an affordable first home.

In the sought-after position of the ground level, the estimated weekly rent is $300 per week.

• Light and bright,
• Beautiful leafy outlook to Mount Keira and the escarpment,
• Corner unit at rear of block,
• Ground-floor, no steps,
• Dedicated off-street parking space,
• Air conditioner,
• Bar fridge and benchtop convection oven-grill included,
• New kitchenette,
• New washing machine,
• Freshly painted throughout,
• NBN-connected,
• Spacious bathroom with combined bath-shower,
• Massive rental yields

Don't miss out on this fantastic opportunity to own a piece of West Wollongong!

Property History for 7/1-5 Mount Keira Rd, West Wollongong, NSW 2500

A timeline of how this property has performed in the market
Last Sold
$175,000
22 Aug 2024
Listed for Rent
$200/w
19 Mar 2020
  • 30 Sep 2024
    Listed for Rent $300 / week
  • 22 Aug 2024
    Sold for $175,000
  • 14 Aug 2024
    Listed for Sale Price Guide $155,000
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About West Wollongong 2500

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 2,396 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:

  • The median value for Houses in West Wollongong is $1,051,231 while the median value for Units is $674,965.
  • Houses have a median rent of $655 while Units have a median rent of $488.
There are currently 18 properties listed for sale, and 11 properties listed for rent in West wollongong on OnTheHouse. According to CoreLogic's data, 88 properties were sold in the past 12 months in West wollongong.

Suburb Insights for West Wollongong 2500

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Victor Shalala
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Angela Shalala
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MMJ Wollongong
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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.