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Sold on 28 Mar 2024 - Price Unavailable

6 Mangerton Road
Wollongong NSW 2500

Bedrooms: 7
Bathrooms: 4
Car spaces: 4
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Property Details for 6 Mangerton Rd, Wollongong

6 Mangerton Rd, Wollongong is a 7 bedroom, 4 bathroom BlockOfUnits with 4 parking spaces. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 7 bedroom BlockOfUnits sold in Wollongong in the last 12 months.

Building Type
BlockOfUnits

Last Listing description (March 2024)

Elders Real Estate Wollongong are PROUD to offer you this solid investment opportunity

These flats are positioned in a popular CBD/HOSPITAL precinct.

Property is set on a generous 670m2 land and zoned R2.

Property features:
- Fully tenanted.
- 1 x 1 bedroom flat
- 2 x 3 bedroom flats
- Open plan living and dining areas
- Modern kitchens with stainless-steel appliances
- Combined bathroom/internal laundries
- Dedicated parking/garage/storerooms

Ideal for the perfect investor

Currently the flats are fully leased with an annual return $67,600.

Conveniently located within the medical precinct, with both public and private hospitals, the Illawarra Grammar School, Wollongong railway station, An easy stroll to Wollongong CBD mall, Tafe and Wollongong University, direct access to the free shuttle bus, M1 Motor way, Private schools, shops, restaurants & cafes, and famous Coastal Beaches

Sydney CBD, and airport only 1 hour away

This property definitely is a must see!

An ideal strategic investment opportunity - Better than money in the BANK.

Call today and schedule your private inspection.

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Property History for 6 Mangerton Rd, Wollongong, NSW 2500

A timeline of how this property has performed in the market
Last Sold
28 Mar 2024
  • 28 Mar 2024
    Sold for $1,250,000
  • 06 Mar 2024
    Listed for Sale Expressions Of Interest
  • 09 Jul 2021
    Listed for Rent - Price not available
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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 15,733 properties. Over the last 5 years, Houses in Wollongong have seen a 45.88% increase in median value, while Units have seen a 33.46% increase. As at 30 November 2024:

  • The median value for Houses in Wollongong is $1,149,991 while the median value for Units is $762,103.
  • Houses have a median rent of $620 while Units have a median rent of $600.
There are currently 83 properties listed for sale, and 85 properties listed for rent in Wollongong on OnTheHouse. According to CoreLogic's data, 724 properties were sold in the past 12 months in Wollongong.

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