OFF MARKET

111 Kembla Street
Wollongong NSW 2500

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 90m2
Land area: 691m2
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Last updated 30 Sep 2024
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Property Details for 111 Kembla St, Wollongong

111 Kembla St, Wollongong is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 1940. The property has a land size of 691m2 and floor size of 90m2. While the property is not currently for sale or for rent, it was last sold in June 2020.

Building Type
House
Year Built
1940
Floor Size
90m2
Land Size
691m2
Local Government
Wollongong
Lot/Plan
46/DP5127

Last Listing description (August 2020)

Dual use property on a single level 695.6sqm corner block. Zoned R1 (high rise) General Residential this versatile property features a two bedroom double brick house with carport, plus a Commercial Workshop at rear with separate access from Glebe Street. Both properties currently leased separately with a combined return of $590 per week.
Perfectly positioned in a central pocket just a flat stroll to Wollongong Mall, Pioneer Park, Wollongong golf course and beaches. This potential-packed opportunity is ready to redevelop (STCA).

Features:

- Zoned R1 (high rise) General Residential
- Potential for multi-storey or town house development (STCA)
- Front 2 bedroom house currently leased at $350 per week
- Commercial workshop leased at $240 per week
- Level walk to CBD, beaches and golf course

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Property History for 111 Kembla St, Wollongong, NSW 2500

A timeline of how this property has performed in the market
Last Sold
$1,150,000
24 Jun 2020
Listed for Rent
$550/w
03 Jun 2018
  • 24 Jun 2020
    Sold for $1,150,000
  • 11 Jun 2020
    Listed for Sale Contact Agent
  • 17 Apr 2018
    Listed for Rent - Price not available
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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 15,716 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 102 properties listed for sale, and 77 properties listed for rent in Wollongong on OnTheHouse. According to CoreLogic's data, 745 properties were sold in the past 12 months in Wollongong.

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