SOLD
Sold on 12 Sep 2023 for $363,000

26/59-61 Kembla Street
Wollongong NSW 2500

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 51m2
Land area: 880m2
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Property Details for 26/59-61 Kembla St, Wollongong

26/59-61 Kembla St, Wollongong is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2005. The property has a land size of 880m2 and floor size of 51m2. While the property is not currently for sale or for rent, it was last sold in September 2023. There are other 1 bedroom Unit sold in Wollongong in the last 12 months.

Building Type
Unit
Year Built
2005
Floor Size
51m2
Land Size
880m2
Local Government
Wollongong
Lot/Plan
26/SP75063

Last Listing description (July 2016)

Invest with security, this Immaculate one bedroom apartment leased to QUEST Apartments with a 5 year secure lease and a 5+5+5 option offers a Current rental return of $1,674 per month and a 4% increase each year for the term of the lease. Outgoings Council $289 Qtr Water $167 Qtr and Strata $267 Qtr. Contact David for a full brief on this property.

Property History for 26/59-61 Kembla St, Wollongong, NSW 2500

A timeline of how this property has performed in the market
Last Sold
$363,000
12 Sep 2023
  • 12 Sep 2023
    Sold for $363,000
  • 17 Aug 2016
    Sold for $315,000
  • 04 Apr 2016
    Listed for Sale $329,000
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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 15,644 properties. Over the last 5 years, Houses in Wollongong have seen a 51.69% increase in median value, while Units have seen a 35.68% increase. As at 31 July 2024:

  • The median value for Houses in Wollongong is $1,101,944 while the median value for Units is $752,787.
  • Houses have a median rent of $673 while Units have a median rent of $580.
There are currently 101 properties listed for sale, and 82 properties listed for rent in Wollongong on OnTheHouse. According to CoreLogic's data, 745 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.