SOLD
Sold on 12 Mar 2024 for $320,000

201/19 Market Street
Wollongong NSW 2500

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 55m2
Land area: 894m2
Sold By
Belle Property Illawarra
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Property Details for 201/19 Market St, Wollongong

201/19 Market St, Wollongong is a 1 bedroom, 1 bathroom Unit and was built in 2008. The property has a land size of 894m2 and floor size of 55m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 1 bedroom Unit sold in Wollongong in the last 12 months.

Building Type
Unit
Year Built
2008
Floor Size
55m2
Land Size
894m2
Local Government
Wollongong
Lot/Plan
11/SP80101

Last Listing description (May 2024)

Providing a high-yield income generating opportunity with a gross return of approx. $6,000 per quarter, this 'Adina' serviced apartment is a great alternative to residential investment. With no maintenance concerns and no tenant selection process, it's the perfect way to dip your toe into the world of property investing or diversify your portfolio. Just one block north of the Crown Street bustle with fashionable dining on the doorstep and City Beach, cultural attractions and the harbour only minutes away, the address is among Wollongong's best ever-desirable for business visitors and holidaymakers alike.

- Fully furnished one-bedroom apartment available to investors only
- Quality modern design with open interiors, north-facing balcony

- Well-equipped kitchen complete with full size fridge and dishwasher
- Generous bedroom with robe, balcony access; large bathroom with tub
- Internal laundry, ducted air-conditioning, secure single parking space
- Building concierge plus swimming pool, gym and sauna in complex
- Short walk to shops + restaurants, free shuttle transport and Blue Mile

Property History for 201/19 Market St, Wollongong, NSW 2500

A timeline of how this property has performed in the market
Last Sold
$320,000
12 Mar 2024
  • 12 Mar 2024
    Sold for $320,000
  • 13 Feb 2024
    Listed for Sale $320,000
  • 05 Oct 2012
    Sold for $157,000
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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 15,556 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.