OFF MARKET

7/24 Sheppard Street
West Wollongong NSW 2500

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 52m2
Land area: 708m2
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Property Details for 7/24 Sheppard St, West Wollongong

7/24 Sheppard St, West Wollongong is a 1 bedroom, 1 bathroom Unit and was built in 1978. The property has a land size of 708m2 and floor size of 52m2. While the property is not currently for sale or for rent, it was last sold in April 2023.

Building Type
Unit
Year Built
1978
Floor Size
52m2
Land Size
708m2
Local Government
Wollongong
Lot/Plan
7/SP13976

Last Listing description (April 2023)

There is nothing more solid than bricks and mortar and this one bedroom unit is as sturdy as they come. Built on an elevated corner position this complex of 8 units stands tall and provides a pleasant outlook towards the cbd skyline.

Sunlit throughout the entire day and with high ceilings the unit has an open style floor plan which provides a generous size kitchen and living space.

Offering an owner occupier plenty of scope to modernise or if you are an investor it can go straight to the rental market with strong yields.

This location has plenty to offer, if cafes are your thing, enjoy a walk to the Keiraville village and pick your new local. Within minutes to Wollongong CBD or Figtree means that all your shopping needs are close by. Close to University Campus and the expressway for a commute to Sydney, this is a perfect lifestyle setting.

* Rental Appraisal of $360.00 - $380.00 per week.
* Water Rates: $149.35 per qtr
* Council Rates: $249.30 per qtr
* Strata Levy: $779.61 per qtr

Property History for 7/24 Sheppard St, West Wollongong, NSW 2500

A timeline of how this property has performed in the market
Last Sold
$395,000
18 Apr 2023
  • 18 Apr 2023
    Sold for $395,000
  • 09 Mar 2023
    Listed for Sale $399,000

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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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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.