SOLD
Sold on 02 Feb 2024 for $710,000

20/1 Governors Lane
Wollongong NSW 2500

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 86m2
Land area: 113m2
Sold By
Jeremy Hodder
HODDER & BORG
Lashay Borg
HODDER & BORG
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Property Details for 20/1 Governors Lane, Wollongong

20/1 Governors Lane, Wollongong is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2005. The property has a land size of 113m2 and floor size of 86m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 2 bedroom Unit sold in Wollongong in the last 12 months.

Building Type
Unit
Year Built
2005
Floor Size
86m2
Land Size
113m2
Local Government
Wollongong
Lot/Plan
20/SP75838

Last Listing description (May 2024)

Nestled in the vibrant heart of Wollongong's CBD positioned on level 5 within a boutique complex, this newly renovated 2-bedroom apartment offers a lifestyle of sophistication and convenience. As you step inside, be captivated by the breath-taking escarpment views that serve as a picturesque backdrop to your daily living.

Epitomizing inner-city living at its finest, where every amenity is at your fingertips. Indulge in the bustling atmosphere with an array of cafes, restaurants, and entertainment options just a leisurely stroll away. Whether it's savouring morning coffee with a view or relishing evening dining experiences. Immerse yourself in the dynamic energy of the city while still enjoying the tranquility of your own private haven, making this renovated apartment an ideal retreat for those seeking the best of both worlds.

Experience the perfect blend of modern comfort and cosmopolitan living in this thoughtfully designed apartment with modern finishes throughout boasting air conditioning, stone benchtops to the kitchen and built in wardrobes to both bedrooms. Embrace a lifestyle that seamlessly combines convenience, style, and the allure of Wollongong's captivating CBD.

Property History for 20/1 Governors Lane, Wollongong, NSW 2500

A timeline of how this property has performed in the market
Last Sold
$710,000
02 Feb 2024
Listed for Rent
$500/w
18 Jan 2017
  • 02 Feb 2024
    Sold for $710,000
  • 21 Nov 2023
    Listed for Sale Not Disclosed
  • 05 Jun 2017
    Sold for $552,500
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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.

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.