OFF MARKET

5/1 Governors Lane
Wollongong NSW 2500

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 114m2
Land area: 128m2
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Property Details for 5/1 Governors Lane, Wollongong

5/1 Governors Lane, Wollongong is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2005. The property has a land size of 128m2 and floor size of 114m2. While the property is not currently for sale or for rent, it was last sold in April 2023.

Building Type
Unit
Year Built
2005
Floor Size
114m2
Land Size
128m2
Local Government
Wollongong
Lot/Plan
5/SP75838

Last Listing description (May 2023)

Boasting a peaceful northerly aspect, one easily forgets how close this address is to all of the essentials. Defined by its abundance of open space, this exceptional townhouse is complemented by modern interiors which are generously sized. The unit has been designed with entertainment in mind, offering a large entertainment balcony with a great outlook. Desirably low maintenance and ideally suited to the first home buyer or investor.

- Attractive North facing townhouse in prime location
- Two generous bedrooms all with BIW's

- Generous open plan living dining area flows out to entertaining area
- Stone kitchen benchtops, gas cooking, dishwasher & ample cupboard storage
- Centrally located modern bathroom, access from the main bedroom
- Additional features include hardwood floors and air conditioning
- Family friendly complex with intercom entry, lift access, secure basement parking
- Ultimate convenience footsteps from train station, free bus, bars/cafes, shops and nightlife
- Wollongong's hospital precinct, harbour and beaches all in effortless reach

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Property History for 5/1 Governors Lane, Wollongong, NSW 2500

A timeline of how this property has performed in the market
Last Sold
$607,500
12 Apr 2023
Listed for Rent
$550/w
03 Dec 2021
  • 12 Apr 2023
    Sold for $607,500
  • 28 Feb 2023
    Listed for Sale Guide $625,000
  • 01 Dec 2021
    Listed for Rent - Price not available
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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 15,565 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 113 properties listed for sale, and 74 properties listed for rent in Wollongong on OnTheHouse. According to CoreLogic's data, 706 properties were sold in the past 12 months in Wollongong.

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