SOLD
Sold on 24 Jun 2024 for $587,000

5/60 Gipps Street
Wollongong NSW 2500

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 61m2
Land area: 829m2
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Property Details for 5/60 Gipps St, Wollongong

5/60 Gipps St, Wollongong is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2017. The property has a land size of 829m2 and floor size of 61m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 1 bedroom Unit sold in Wollongong in the last 12 months.

Building Type
Unit
Year Built
2017
Floor Size
61m2
Land Size
829m2
Local Government
Wollongong
Lot/Plan
5/SP95002

Last Listing description (January 2021)

Architecturally designed near new 1 bedroom apartment offering a city lifestyle within minutes' walk to CBD, Mall and beaches. Property features:
- Quality kitchen with stainless gas appliances and stone bench top and dishwasher
- Bedroom with large BIW and carpet

- Air-con split system in main living area
- Large tiled open living area with separate study nook
- Generous balcony overlooking grassed area
- High quality finishes and security building with intercom and swipe access

Property History for 5/60 Gipps St, Wollongong, NSW 2500

A timeline of how this property has performed in the market
Last Sold
$587,000
24 Jun 2024
Listed for Rent
$470/w
21 Jan 2021
  • 24 Jun 2024
    Sold for $587,000
  • 14 Dec 2020
    Listed for Rent $470 / week
  • 18 Nov 2020
    Sold for $470,000
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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 15,563 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 118 properties listed for sale, and 80 properties listed for rent in Wollongong on OnTheHouse. According to CoreLogic's data, 714 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.