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Sold on 27 Sep 2024 for $505,000

2/1 Mangerton Road
Wollongong NSW 2500

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 70m2
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Ianni & Co Property
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Property Details for 2/1 Mangerton Rd, Wollongong

2/1 Mangerton Rd, Wollongong is a 2 bedroom, 1 bathroom Unit and was built in 1980. The property has a floor size of 70m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 2 bedroom Unit sold in Wollongong in the last 12 months.

Building Type
Unit
Year Built
1980
Floor Size
70m2
Local Government
Wollongong
Lot/Plan
2/SP16037

Last Listing description (October 2024)

This property exudes features of a lovely modern home, with generous bedrooms and an open plan living and entertaining area. The fresh feel features new lighting and an updated bathroom complimenting this already lovely apartment while still featuring those classic original features that have been admired through the years. Convenience is in abundance; located in close proximity to public transport, hospitals and iconic takeaway shops such as Tony's Chicken Shop right across the road. With all the modern essentials in arms reach, this home is ready and waiting.

Whilst suited to a lovely homeowner this property is ideal for the astute investor located just 5- minutes to UOW and TAFE NSW. This property is located in an incredibly convenient position with just a 2-minute drive to the Princes Motorway where you can head south towards The Illawarra's Southern region or north towards Sydney and the Northern Suburbs. Venture towards Wollongong CBD and the glistening beaches just in time for the beautiful summer wave.

This cosy home features:

- Vibrant and bright; the lounge and dining features carpet throughout which leads to the gorgeous balcony
- Generous kitchen with plenty of space and updated handles which spreads to the dining area through the retro arched servery.
- Large main bedroom with new mirrored built-in robe and grand window providing beautiful natural light throughout.
- Bathroom with fresh paint throughout and new LED mirror and vanity.
- An internal laundry with fresh paint and new taps, linen press and an off-street allocated car space
- Freshly updated with brand new lighting and new door handles throughout adding to this incredible home
- Rental Appraisal: $480 - $500 per week

Live within close proximity of the hustle and bustle, take advantage of Wollongong's talked about and sought after lifestyle. Enjoy the abundance of boutique and casual dining options, clubs, pubs & exclusive bars and a wide variety of shopping selections - all while coming home to your own private retreat. You will love the lifestyle opportunities and conveniences that this property offers.

This versatile property is perfect for first homebuyer, astute investor or downsizer. This is a turnkey property and definitely one not to be missed.

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Property History for 2/1 Mangerton Rd, Wollongong, NSW 2500

A timeline of how this property has performed in the market
Last Sold
$505,000
27 Sep 2024
Listed for Rent
25 Oct 2023
  • 11 Oct 2024
    Listed for Rent $500 / week
  • 27 Sep 2024
    Sold for $505,000
  • 23 Aug 2024
    Listed for Sale $505,000
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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 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 108 properties listed for sale, and 84 properties listed for rent in Wollongong on OnTheHouse. According to CoreLogic's data, 720 properties were sold in the past 12 months in Wollongong.

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