OFF MARKET

5/45 Gipps Street
Wollongong NSW 2500

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 88m2
Land area: 1560m2
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Property Details for 5/45 Gipps St, Wollongong

5/45 Gipps St, Wollongong is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2012. The property has a land size of 1560m2 and floor size of 88m2. While the property is not currently for sale or for rent, it was last sold in September 2021.

Building Type
Unit
Year Built
2012
Floor Size
88m2
Land Size
1560m2
Local Government
Wollongong
Lot/Plan
5/SP88031

Last Listing description (October 2021)

Basking in the light of a prized north facing aspect, this contemporary apartment creates plenty of appeal for first homebuyers, investors and downsizers alike. It features freshly presented interiors across a single level floorplan, while offering a ready-to-enjoy ambiance. Positioned in a convenient location, the property is a short walk from Wollongong CBD, popular beaches and the Blue Mile.

- Large open plan layout combines living and dining zones with easy outdoor flow
- Sizeable undercover alfresco entertaining balcony embraces abundant natural light

- CaesarStone kitchen complete with gas cooktop, stainless appliances and dishwasher
- Accommodation comprises two well sized bedrooms fitted with built-in wardrobes
- Ensuite to master plus a sleek main bathroom featuring a shower over the tub
- Split system air conditioning, internal laundry and secure basement car space
- Moments from beachfront cafs, gourmet restaurants, foreshore reserves and buses
- Easy access to train stations, Wollongong Central and Wollongong University

Council rates $358.85pq approx.
Water rates $172.04pq approx.
Strata rates $800.00pq approx.

Property History for 5/45 Gipps St, Wollongong, NSW 2500

A timeline of how this property has performed in the market
Last Sold
$780,000
25 Sep 2021
Listed for Rent
$480/w
14 Nov 2019
  • 25 Sep 2021
    Sold for $780,000
  • 17 Sep 2021
    Listed for Sale Price Guide $720,000 - $760,000
  • 04 Oct 2019
    Listed for Rent $480 / 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.
There are currently 113 properties listed for sale, and 84 properties listed for rent in Wollongong on OnTheHouse. According to CoreLogic's data, 690 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.