SOLD
Sold on 19 Apr 2024 for $1,695,000

56/12 Bank Street
Wollongong NSW 2500

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 127m2
Land area: 3316m2
Sold By
Belle Property Illawarra
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Property Details for 56/12 Bank St, Wollongong

56/12 Bank St, Wollongong is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2002. The property has a land size of 3316m2 and floor size of 127m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 3 bedroom Unit sold in Wollongong in the last 12 months.

Building Type
Unit
Year Built
2002
Floor Size
127m2
Land Size
3316m2
Local Government
Wollongong
Lot/Plan
56/SP68900

Last Listing description (July 2024)

In this striking coastal home, every element speaks the language of luxury - from its crisp tones and architectural finish, to its grand beach and ocean views over the Golf Course from high on the seventh floor. It's a magnificent offering of space and style, strong in form and function and overflowing with appeal for the executive buyer or downsizer of discerning taste. Peaceful and private in position, yet perfectly located for everyday ease of living, it boasts one of Wollongong's most desirable east side addresses steps from cafes, shops and City Beach and a short walk from the CBD.

- Light-filled, modern and lavishly proportioned 'Fairways' residence
- Great glass expanses, sleek timber look flooring, only one common wall

- Sliding doors open wide to entertainers' alfresco and frame the view
- Family-sized cook's kitchen with stone benchtops and induction hob
- Two north-facing bedrooms with shared balcony - master with ensuite
- Generous robes throughout, A/C, double garage + cage, complex pool
- High-end opportunity close to transport, supermarkets, parks + harbour

Property History for 56/12 Bank St, Wollongong, NSW 2500

A timeline of how this property has performed in the market
Last Sold
$1,695,000
19 Apr 2024
  • 19 Apr 2024
    Sold for $1,695,000
  • 25 Feb 2024
    Listed for Sale $1,695,000
  • 12 Sep 2011
    Sold for $685,000
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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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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.