61 Campbell StreetWollongong NSW 2500
Property Details for 61 Campbell St, Wollongong
61 Campbell St, Wollongong is a 11 bedroom, 5 bathroom BlockOfUnits with 5 parking spaces. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 11 bedroom BlockOfUnits sold in Wollongong in the last 12 months.
Last Listing description (December 2023)
Impeccably maintained block of flats, built and owned by the same family since approximately 1968. Perfectly positioned within walking distance of Wollongong's stunning beaches & CBD, ensuring excellent rental demand & investment performance. The generous top floor flat may also allow for a residence/investment combination. Further comprises;
- Full brick constructed, 4x2b/r & 1 large 3b/r arrangement.
- 2 lock up garages plus off-street parking for the reminder of the flats.
- Current Gross Annual Return of $125,840 p.a.
- Approximate 5-8 minute walk to Wollongong Harbour & City Mall.
- Easy walk or short drive to numerous beach side & CBD eateries/bars.
- 685m2 land area, with dimensions 20.065m x 34.14m (Approximate), gently sloped from the front down to the rear boundary.
- Zoned R1 with 24 metre height limit (Source: Wollongong City Council website)
- Building Report has been conducted by Home Right Building Inspections
- Information Pack available on request.
* Some photos shown contain virtual styling
Property History for 61 Campbell St, Wollongong, NSW 2500
- 07 Dec 2023Sold for $2,950,000
- 17 Nov 2023Listed for Sale Not Disclosed
- 21 May 2020Sold
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0About 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.
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