20 Market StreetWollongong NSW 2500
Property Details for 20 Market St, Wollongong
20 Market St, Wollongong is a 9 bedroom, 2 bathroom House with 4 parking spaces. The property has a land size of 473m2. While the property is not currently for sale or for rent, it was last sold in January 2021.
Last Listing description (May 2021)
Located in a prominent coastal position, this former medical practice represents an exceptional chance to procure a flexible multi-use property with a beachside address. Set on a level 433sqm block within a short walk to Wollongong CBD, beaches and entertainment precinct, this substantial property presents an ideal prospect to re-establish a medical practice, professional suites or develop the site to capture its full potential (STCA).
- Within 500m of beaches, CBD & entertainment precinct
- Potential to develop to maximise excellent location (STCA)
- Close proximity to CBD, schools, shops, trains and beaches
- Easy access to the M1 Freeway and 60 minutes to Sydney
- Substantial property previously utilised as medical practice
- Current layout consists of 9 consulting rooms and reception
- High profile location with access to public transport
Council rates $3,468.19pq approx.
Water rates $172.04pq approx.
Property History for 20 Market St, Wollongong, NSW 2500
- 08 Jan 2021Sold for $1,671,400
- 04 Jan 2021Listed for Sale Contact Agent
- 12 Mar 2020Sold
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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 15,716 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.
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