SOLD
Sold on 14 Dec 2023 for $1,195,000

504/48 Bank Street
Wollongong NSW 2500

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 95m2
Land area: 132m2
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Belle Property Illawarra
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Property Details for 504/48 Bank St, Wollongong

504/48 Bank St, Wollongong is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2019. The property has a land size of 132m2 and floor size of 95m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 2 bedroom Unit sold in Wollongong in the last 12 months.

Building Type
Unit
Year Built
2019
Floor Size
95m2
Land Size
132m2
Local Government
Wollongong
Lot/Plan
28/SP99017

Last Listing description (January 2024)

Commanding blue-sky views to the ocean over treetops and parkland, this modern residence is impeccably designed and irresistibly positioned just a short stroll from the city's heart. Supremely elegant in finish and exquisite in form complete with a chic terrace, it exudes comfort, class and quality throughout, and takes full advantage of its height in the landscape with generous use of glass in the east-facing rooms. With shopping and dining districts, free shuttle transport and City Beach all in level walking distance, this is a prime opportunity to enjoy the Wollongong lifestyle in its full splendour.

- Wonderful privacy and elevation in an executive security complex
- Spacious interiors with engineered timber floors and reverse-cycle A/C

- Covered alfresco entertaining, plus communal BBQ area
- Waterfall-edge stone breakfast bar, stainless dishwasher, large pantry
- Mirrored storage, floating vanity & LED lighting in bath and ensuite
- Great robes, Euro laundry, A/V intercom, lift to parking + 9sqm cage
- Minutes to Golf Club and stadium, station, primary school and harbour

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Property History for 504/48 Bank St, Wollongong, NSW 2500

A timeline of how this property has performed in the market
Last Sold
$1,195,000
14 Dec 2023
  • 14 Dec 2023
    Sold for $1,195,000
  • 06 Dec 2023
    Listed for Sale $1,195,000
  • 05 Jul 2016
    Sold for $669,000

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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 15,556 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 121 properties listed for sale, and 81 properties listed for rent in Wollongong on OnTheHouse. According to CoreLogic's data, 708 properties were sold in the past 12 months in Wollongong.

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