209/19 Market StreetWollongong NSW 2500
Property Details for 209/19 Market St, Wollongong
209/19 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 August 2024. There are other 1 bedroom Unit sold in Wollongong in the last 12 months.
Last Listing description (August 2024)
Right in the heart of Wollongong's thriving CBD, this modern apartment is a fantastic option for SMSF or investment boasting approx. $6,000 per quarter return with a current lease until 2028. Providing scenic city views, lift and concierge service, a secure parking space and access to the building's pool, spa, gym and sauna, it delivers a high-level guest experience while enjoying every market advantage offered by the respected and long-established Adina brand. This serviced apartment is a set and forget investment but unfortunately it cannot be occupied by the owner. The address is more than its equal for quality and convenience, with great restaurants and the 'Gong shuttle stop on the doorstep and the harbour and City Beach just a stroll away.
- Appealing investor-only opportunity in a prime short stay locale
- Comfortable apartment design featuring spacious open-plan interiors
- Fully equipped kitchen with oven, cooktop, dishwasher and fridge
- Bath/laundry with tub, built-in wardrobe, ducted air-conditioning
- Minutes' walking distance to WIN Stadium and Wollongong Central
- City parks, bars + cafes, Golf Club and hospital precinct close by
Property History for 209/19 Market St, Wollongong, NSW 2500
- 09 Aug 2024Sold for $300,000
- 19 May 2024Listed for Sale $300,000
- 03 Mar 2008Sold for $294,950
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0About 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 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.
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