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Sold on 08 Nov 2024 for $712,000

18/16 Hercules Street
Wollongong NSW 2500

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
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Property Details for 18/16 Hercules St, Wollongong

18/16 Hercules St, Wollongong is a 2 bedroom, 2 bathroom Apartment with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in November 2024. There are other 2 bedroom Apartment sold in Wollongong in the last 12 months.

Building Type
Apartment
Local Government
Wollongong

Last Listing description (November 2024)

Sleek sanctuary less than 1km from city centre

Flaunting a bright and airy east-west orientation with majestic mountain views, this 2018-built apartment makes an impressive urban retreat on the doorstep of the CBD. Peaceful and private on the fifth floor with only one immediate neighbour, yet convenient without compromise, it's ideally located approx. 500m from the hospital precinct, 900m from Wollongong Central and 2km from City Beach.

- Excellent floor plan blending functional design with high-impact modern style

- Open lounge + dining area with split-system A/C, sliding door alfresco flow
- Oversized undercover balcony soaking up the panoramic escarpment outlook
- Quality kitchen featuring stone benchtops, a dishwasher and great natural light
- Inviting master bedroom with large ensuite and generous built-in wardrobe
- Well-ventilated main bath, European laundry, intercom, secure parking space
- Local primary schools, TIGS, Smith's Hill High and Edmund Rice College all within 3km
- Approx. 500m to Crown St bars + cafes, 400m to free bus and 550m to station

The below rates are provided as a guide:
Council rates $380.73pq approx.
Water rates $172.79pq approx.
Strata rates $1,016.00pq approx.

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Property History for 18/16 Hercules St, Wollongong, NSW 2500

A timeline of how this property has performed in the market
Last Sold
$712,000
08 Nov 2024
  • 08 Nov 2024
    Sold for $712,000
  • 11 Oct 2024
    Listed for Sale $712,000

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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 15,550 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 115 properties listed for sale, and 73 properties listed for rent in Wollongong on OnTheHouse. According to CoreLogic's data, 717 properties were sold in the past 12 months in Wollongong.

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