SOLD
Sold on 29 May 2024 for $655,000

14/22-24 Gipps Street
Wollongong NSW 2500

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 67m2
Land area: 1558m2
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Property Details for 14/22-24 Gipps St, Wollongong

14/22-24 Gipps St, Wollongong is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1980. The property has a land size of 1558m2 and floor size of 67m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 2 bedroom Unit sold in Wollongong in the last 12 months.

Building Type
Unit
Year Built
1980
Floor Size
67m2
Land Size
1558m2
Local Government
Wollongong
Lot/Plan
14/SP61605

Last Listing description (May 2024)

:: Ocean and City Views
:: Lock up garage
:: East facing balcony

A sunny top-floor two-bedroom unit located in North Wollongong, conveniently situated just minutes away from the CBD and beaches. This sunny apartment boasts an easterly aspect with balcony views of the coastline. Features include a modern kitchen with a breakfast bar, an upgraded bathroom with internal laundry, mirrored robes in bedrooms, floating timber floors in the living area, and a lock-up Garage.

Whether you're a first-time buyer looking to secure your dream home or an investor seeking a lucrative opportunity, this property promises to deliver both value and lifestyle. Don't miss out on the chance to make this your own or add it to your investment portfolio.
Outgoings per quarter:
Council Rates - $435 pq - Water Rates - $171.41 pq - Strata Fees - $773.79 pq

*This advertising has been prepared by City Beach Properties for advertising and general information only. City Beach Properties do not guarantee, represent, or warrant that the information contained in this advertising is correct. Any interested party should undertake their own inquiries.

Property History for 14/22-24 Gipps St, Wollongong, NSW 2500

A timeline of how this property has performed in the market
Last Sold
$655,000
29 May 2024
Listed for Rent
$450/w
26 Aug 2020
  • 29 May 2024
    Sold for $655,000
  • 29 Feb 2024
    Listed for Sale $679,500
  • 26 Aug 2020
    Listed for Rent $450 / 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 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 121 properties listed for sale, and 81 properties listed for rent in Wollongong on OnTheHouse. According to CoreLogic's data, 708 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.