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Sold on 01 Oct 2024 for $920,000

306/16 Burelli Street
Wollongong NSW 2500

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
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Property Details for 306/16 Burelli St, Wollongong

306/16 Burelli St, Wollongong is a 2 bedroom, 2 bathroom Apartment with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 2 bedroom Apartment sold in Wollongong in the last 12 months.

Building Type
Apartment
Local Government
Wollongong
Lot/Plan
21/SP95135

Last Listing description (October 2024)

Effortless modern living approx. 450m from City Beach

Quietly tucked away in a prestigious setting, this light-filled apartment brings generous space, contemporary style and ultimate convenience together in perfect harmony. Open-plan executive design with full-height windows, a wraparound balcony and tantalising ocean glimpses provide all the elements of beachside bliss, less than 400m from Lang Park in one direction and the CBD in the other.

- Chic and complete with an impressive, free-flowing layout and approx. 136sqm on title

- Combined lounge/dining with dual aspects, imposing easterly view to WIN Stadium
- Fantastic undercover balcony tailor-made for both relaxing and entertaining
- Sleek 40mm stone kitchen benchtops and breakfast bar, gas cooking, dishwasher
- Master bed with ensuite and alfresco flow; generous built-in robes throughout
- Bonus study, air-con unit, intercom, lift to storage cage and secure parking
- Approx. 160m to free shuttle and Uni bus, 200m to IPAC, 400m to Woolworths
- Approx. 500m to Crown Street Mall, 800m to harbourside + restaurants, 1.8km to hospital

The below rates are provided as a guide:
Council rates $368.87pq approx.
Water rates $172.79pq approx.
Strata rates $1,158.00pq approx.

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Property History for 306/16 Burelli St, Wollongong, NSW 2500

A timeline of how this property has performed in the market
Last Sold
$920,000
01 Oct 2024
  • 01 Oct 2024
    Sold for $920,000
  • 12 Sep 2024
    Listed for Sale $920,000
  • 01 Jul 2015
    Sold for $575,000

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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 15,550 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 108 properties listed for sale, and 84 properties listed for rent in Wollongong on OnTheHouse. According to CoreLogic's data, 716 properties were sold in the past 12 months in Wollongong.

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