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1/1 Governors Lane
Wollongong NSW 2500

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Land area: 146m2
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Property Details for 1/1 Governors Lane, Wollongong

1/1 Governors Lane, Wollongong is a 2 bedroom, 1 bathroom Apartment with 2 parking spaces. The property has a land size of 146m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 2 bedroom Apartment sold in Wollongong in the last 12 months.

Building Type
Apartment
Land Size
146m2

Last Listing description (April 2024)

Basking in abundant sunshine, this first-floor apartment is tucked in peaceful privacy behind the hustle and bustle of Crown Street yet only a short stroll away from its many cafes, shops and restaurants. You'll gravitate to the oversized balcony morning, noon and night as you take in distant escarpment views with plenty of space for alfresco entertaining and a tranquil potted garden. With an an inviting open plan, you'll be pleased to discover a timeless neutral palette throughout, a modern gas-equipped kitchen with stone bench tops and tiled flooring and a spacious bathroom with a separate tub.

Features
• First-floor apartment in secure complex of 24

• Large balcony with escarpment views
• Kitchen with gas cooktop, stone bench tops
• Close to public transport, Wollongong CBD
• Stones throw from Crown Street Mall

*Images may contain digital furniture

Property History for 1/1 Governors Lane, Wollongong, NSW 2500

A timeline of how this property has performed in the market
Last Sold
12 Apr 2024
Listed for Rent
$440/w
07 Feb 2022
  • 27 Mar 2024
    Sold for $657,000
  • 14 Feb 2024
    Listed for Sale $649,000 - $679,000
  • 14 Jan 2022
    Listed for Rent $440 / week
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About Wollongong 2500

The size of Wollongong is approximately 5.9 square kilometres. It has 28 parks covering nearly 23.4% of total area. The population of Wollongong in 2011 was 16,716 people. By 2016 the population was 18,454 showing a population growth of 10.4% in the area during that time. The predominant age group in Wollongong is 20-29 years. Households in Wollongong are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Wollongong work in a professional occupation. In 2011, 39.6% of the homes in Wollongong were owner-occupied compared with 39.6% in 2016.

Wollongong has 15,552 properties. Over the last 5 years, Houses in Wollongong have seen a 55.95% increase in median value, while Units have seen a 34.40% increase. As at 31 October 2024:

  • The median value for Houses in Wollongong is $1,156,901 while the median value for Units is $756,585.
  • Houses have a median rent of $620 while Units have a median rent of $600.
There are currently 119 properties listed for sale, and 81 properties listed for rent in Wollongong on OnTheHouse. According to CoreLogic's data, 702 properties were sold in the past 12 months in Wollongong.

Suburb Insights for Wollongong 2500

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Rob Franceschini
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Chris Talakovski
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Ray White Wollongong
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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.