SOLD
Sold on 12 Dec 2023 for $1,050,000

201/50 Gipps Street
Wollongong NSW 2500

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 93m2
Land area: 189m2
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Property Details for 201/50 Gipps St, Wollongong

201/50 Gipps St, Wollongong is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2023. The property has a land size of 189m2 and floor size of 93m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 2 bedroom Unit sold in Wollongong in the last 12 months.

Building Type
Unit
Year Built
2023
Floor Size
93m2
Land Size
189m2
Local Government
Wollongong
Lot/Plan
6/SP101920

Last Listing description (February 2024)

Elders Real Estate Wollongong is proud to offer for lease a brand new 2 bedroom unit, in the newly completed complex Rise on Gipps located at 50 Gipps Street Wollongong.

This architecturally designed, master built apartment complex, offers you an ideal opportunity to live in one of the most sought after areas.

Property features include:

- Open plan living, dining and kitchen leading out onto a large covered wrap around balcony
- Fisher & Paykel stainless steel appliances, gas cooking, stone benches and inbuilt microwave.
- Sleek bathroom
- Ducted AC, security intercom and double basement lockup garage
- Floating timber flooring throughout living, carpet within bedrooms
- 2 large bedrooms with built-in wardrobes,
- European laundry

Conveniently positioned with only moments to Wollongong Mall shopping precinct, pristine beaches, golf course, cafes, restaurants, Wollongong University, Wollongong Private and Public Hospitals, schools and transport.

This exclusive leasing opportunity is one that will bring you convenience and low maintenance living.

The location offers value without compromising on quality, size or finish.

For further information please contact Elders Property Management team 02 4228 7878

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Property History for 201/50 Gipps St, Wollongong, NSW 2500

A timeline of how this property has performed in the market
Last Sold
$1,050,000
12 Dec 2023
Listed for Rent
$850/w
07 Feb 2024
  • 01 Feb 2024
    Listed for Rent $850 / week
  • 12 Dec 2023
    Sold for $1,050,000

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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 15,716 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.
There are currently 102 properties listed for sale, and 77 properties listed for rent in Wollongong on OnTheHouse. According to CoreLogic's data, 745 properties were sold in the past 12 months in Wollongong.

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