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Sold on 07 Nov 2024 for $500,000

501/15 Railway Parade
Wollongong NSW 2500

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Land area: 64m2
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McGrath Wollongong (F)
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Property Details for 501/15 Railway Pde, Wollongong

501/15 Railway Pde, Wollongong is a 1 bedroom, 1 bathroom Unit. The property has a land size of 64m2. While the property is not currently for sale or for rent, it was last sold in November 2024. There are other 1 bedroom Unit sold in Wollongong in the last 12 months.

Building Type
Unit
Land Size
64m2
Local Government
Wollongong
Lot/Plan
30/SP101409

Last Listing description (October 2024)

Smartly configured and facing glorious views to the escarpment, this sleek property offers a rare calibre of inner-city living. A fabulous wall of glass takes centre stage, giving a light-filled and luxurious feel to open-plan interiors and seamless connection to the vibrant bustle outside without any compromise to your privacy. Currently tenanted at $500 per week, it makes an impressive investment opportunity or outstanding CBD base with Crown Street attractions, rail and free shuttle transport and major shopping precincts on the doorstep.

- Near-new and immaculate in Wollongong's executive Skye tower
- Uninterrupted fifth-floor outlooks from the lounge and generous balcony

- Premium Caesarstone kitchen complete with dishwasher, gas cooktop
- Spacious bedroom boasting a wall-to-wall mirrored robe and balcony flow
- Large fully tiled bathroom, Euro-style laundry with dryer, ducted A/C
- High-quality apartment entry point or town centre pied-à-terre
- Easy access to hospital, beaches and freeway; approx. 240m to station

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Property History for 501/15 Railway Pde, Wollongong, NSW 2500

A timeline of how this property has performed in the market
Last Sold
$500,000
07 Nov 2024
Listed for Rent
$400/w
14 Mar 2022
  • 07 Nov 2024
    Sold for $500,000
  • 23 Sep 2024
    Listed for Sale $490,000 - $530,000
  • 23 May 2024
    Listed for Sale Auction Guide $500,000
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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 15,551 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 115 properties listed for sale, and 73 properties listed for rent in Wollongong on OnTheHouse. According to CoreLogic's data, 717 properties were sold in the past 12 months in Wollongong.

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