5/40 Loftus StreetWollongong NSW 2500
Property Details for 5/40 Loftus St, Wollongong
5/40 Loftus St, Wollongong is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1986. The property has a land size of 703m2 and floor size of 67m2. While the property is not currently for sale or for rent, it was last sold in October 2020.
Last Listing description (November 2020)
Boasting a prime elevated position this double brick apartment offers natural light combined with generous proportions. In the heart of Wollongong, it's a short walk to all amenities.
- Low maintenance living set over a spacious layout
- Extra-large garage plus plenty of storage space
- Two well-presented bedrooms with a large bathroom
- Potential to renovate and add value but move in ready
- Close to cafes, parks, restaurants and the university
- Just a short drive to local beaches and Wollongong CBD
Property History for 5/40 Loftus St, Wollongong, NSW 2500
- 07 Oct 2020Sold for $417,500
- 13 Aug 2020Listed for Sale $399,000 - $429,000
- 05 Sep 2019Listed for Rent $330 / week
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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 15,549 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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