SOLD
RECENT ADVICE
Sold on 30 Jan 2024 for $1,950,000

Gipps Street
Wollongong NSW 2500

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 183m2
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Property Details for 502/50 Gipps St, Wollongong

502/50 Gipps St, Wollongong is a 3 bedroom, 2 bathroom Apartment with 2 parking spaces. The property has a floor size of 183m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 3 bedroom Apartment sold in Wollongong in the last 12 months.

Building Type
Apartment
Floor Size
183m2
Local Government
Wollongong
Lot/Plan
14/SP101920

Last Listing description (January 2024)

Welcome to Rise on Gipps located at 50 Gipps Street, Wollongong. This brand new complex is one of the latest high quality boutique building within Wollongong.

This beautifully designed apartment offering an intuitive contemporary design created to showcase its flawless use of style, space and natural light. Coastal luxury at its finest with highly coveted views towards the coastline also capturing escarpment views from the expansive balcony areas. Benefiting from a north/south-easterly aspect the apartment welcomes you with light, comfort and space.

It is also just minutes from the heart of Wollongong central and the idyllic Blue Mile pathway providing convenience right at your front door.

Features Include:
- Open plan living and dining area effortlessly flowing onto a large covered wrap-around balcony area providing for multiple entertaining areas
- High-end design kitchen featuring Fisher & Paykel gas cooktop, rangehood, oven and integrated dishwasher
- Generously spacious bedrooms all with built-in wardrobes and master with ensuite
- Deluxe main bathroom featuring double vanity, led mirrors, free-standing bathtub and generous sized shower
- Durable engineered timber flooring throughout with wool carpet in bedrooms
- Separate internal laundry with ample storage
- Secure underground double car garage with lift access to all floors
- Situated on level 5 with north & south easterly aspect and uninterrupted views coastal & escarpment views
- Zoned and ducted AC Heating/Cooling with wireless remote operation
- NBN ready, intercom, keyless entry, wireless AC, remote garage, gas outlets & pet friendly
- Majority of purchasers are owner occupies situated on a floor with 2 units
- The ultimate in lifestyle convenience with Wollongong CBD and beaches all within close proximity.  

The property is presented by Rise Property Group, for further information please contact Daniel Kostovski 0402 037 940.

Whilst every effort has been made to ensure the accuracy and thoroughness of the information provided to you in our marketing material, we cannot guarantee the accuracy of the information provided by our vendors, and as such, Rise Property Group makes no statement, representation or warranty, and assumes no legal liability in relation to the accuracy of the information provided. Interested parties should conduct their own due diligence in relation to each property they are considering purchasing. All photographs, maps, and images are representative only, for marketing purposes.

Property History for 502/50 Gipps St, Wollongong, NSW 2500

A timeline of how this property has performed in the market
Last Sold
$1,950,000
30 Jan 2024
  • 30 Jan 2024
    Sold for $1,950,000
  • 13 Oct 2023
    Listed for Sale Not Disclosed

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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 15,558 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 112 properties listed for sale, and 72 properties listed for rent in Wollongong on OnTheHouse. According to CoreLogic's data, 704 properties were sold in the past 12 months in Wollongong.

Suburb Insights for Wollongong 2500

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Contact agent
Daniel Kostovski
Show contact details
Hunter Jacobs
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Rise Property Group
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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.