SOLD
Sold on 27 Jun 2024 for $345,000

14/7-9 Corrimal Street
Wollongong NSW 2500

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 32m2
Land area: 1273m2
Sold By
AM Rutty Coastal Estate Agents
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Property Details for 14/7-9 Corrimal St, Wollongong

14/7-9 Corrimal St, Wollongong is a 1 bedroom, 1 bathroom Unit and was built in 1975. The property has a land size of 1273m2 and floor size of 32m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 1 bedroom Unit sold in Wollongong in the last 12 months.

Building Type
Unit
Year Built
1975
Floor Size
32m2
Land Size
1273m2
Local Government
Wollongong
Lot/Plan
14/SP10124

Last Listing description (August 2024)

Set on the second floor of "North Beach Towers" this market entry priced studio apartment is the perfect opportunity for the astute buyer to acquire a beachside bolt holding, whether as a weekender, fixer upper, first purchase or add to your investment portfolio with a strong rental history.

Ideally located only 150 metres to North Beach, Novotel, Blue Mile, Cycleway, Cafes, and Free Shuttle Bus. Whilst only a five minute drive to Wollongong CBD, WIN stadium, entertainment and arts precincts and UOW Campuses.

Security complex with lift access and a meticulously maintained laundrette onsite.

- Beachside location

- Walk to station and free shuttle bus

- Great weekend escape

- 5 minutes commute to CBD and UOW

- Strong rental history

- Market entry price

Property History for 14/7-9 Corrimal St, Wollongong, NSW 2500

A timeline of how this property has performed in the market
Last Sold
$345,000
27 Jun 2024
Listed for Rent
$250/w
26 Aug 2020
  • 27 Jun 2024
    Sold for $345,000
  • 09 May 2024
    Listed for Sale 345000
  • 04 Aug 2020
    Listed for Rent $250 / 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 15,557 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 82 properties listed for rent in Wollongong on OnTheHouse. According to CoreLogic's data, 708 properties were sold in the past 12 months in Wollongong.

Suburb Insights for 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.