SOLD
Sold on 20 Feb 2024 for $640,000

10/48-54 Smith Street
Wollongong NSW 2500

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 63m2
Land area: 2303m2
Sold By
MMJ Real Estate North
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Property Details for 10/48-54 Smith St, Wollongong

10/48-54 Smith St, Wollongong is a 2 bedroom, 1 bathroom Unit and was built in 1974. The property has a land size of 2303m2 and floor size of 63m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 2 bedroom Unit sold in Wollongong in the last 12 months.

Building Type
Unit
Year Built
1974
Floor Size
63m2
Land Size
2303m2
Local Government
Wollongong
Lot/Plan
10/SP8035

Last Listing description (April 2024)

Situated in arguably one of Wollongong's most prestigious residential precincts. Enjoy this stylish apartment flooded with ample natural light and picturesque views of the lush surroundings towards the escarpment.

Situated on the top floor and with beautifully renovated interiors, this property provides a fantastic inner-city lifestyle. The open plan living area effortlessly connects to the balcony through elegant French doors, creating a seamless flow.

This apartment offers a fantastic opportunity for first-time buyers or savvy investors. It is conveniently located near North Beach, The Blue Mile, and Wollongong's lively entertainment and dining hub. With its desirable location, this property promises a lifestyle that combines comfort and excitement.

- The kitchen features contemporary design with timber benchtops and electric cooking.
- The two bedrooms are filled with natural light and have near new carpet and blinds.
- The fully tiled bathroom has been renovated and includes a spacious rainfall shower.
- Enjoy outdoor relaxation on the private balcony.
- Renovated internal laundry.
- The single car garage also offers additional storage space.
- The property is conveniently located near the CBD, cafes, and restaurants.
- It is only a short 5-minute walk to the harbour and beaches.

The Important Numbers:
Council Rates: $374 per quarter
Water Rates: $174 per quarter
Strata Rates: $710 per quarter

*This advertising has been prepared by MMJ Real Estate (MMJ) for the purpose of advertising and general information only. MMJ do not guarantee, represent, or warrant that the information contained in this advertising is correct. Any interested party should undertake their own inquiries as to the accuracy of the information published.

Property History for 10/48-54 Smith St, Wollongong, NSW 2500

A timeline of how this property has performed in the market
Last Sold
$640,000
20 Feb 2024
Listed for Rent
$500/w
21 Aug 2023
  • 20 Feb 2024
    Sold for $640,000
  • 08 Feb 2024
    Listed for Sale Not Disclosed
  • 21 Aug 2023
    Listed for Rent $500 / 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 15,556 properties. Over the last 5 years, Houses in Wollongong have seen a 47.18% increase in median value, while Units have seen a 38.35% increase. As at 30 September 2024:

  • The median value for Houses in Wollongong is $1,085,312 while the median value for Units is $778,659.
  • Houses have a median rent of $630 while Units have a median rent of $590.
There are currently 110 properties listed for sale, and 75 properties listed for rent in Wollongong on OnTheHouse. According to CoreLogic's data, 701 properties were sold in the past 12 months in 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.