SOLD
Sold on 21 May 2024 for $462,000

7/1 Thomas Street
Wollongong NSW 2500

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 52m2
Land area: 1031m2
Sold By
Belle Property Illawarra
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Property Details for 7/1 Thomas St, Wollongong

7/1 Thomas St, Wollongong is a 1 bedroom, 1 bathroom Unit and was built in 1958. The property has a land size of 1031m2 and floor size of 52m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 1 bedroom Unit sold in Wollongong in the last 12 months.

Building Type
Unit
Year Built
1958
Floor Size
52m2
Land Size
1031m2
Local Government
Wollongong
Lot/Plan
7/SP56242

Last Listing description (June 2024)

A charming apartment opportunity with its peaceful yet central setting and convenient dual access. Featuring high ceilings and a sunny updated kitchen, a large bedroom and timber floorboards throughout, it promises a lifestyle of classic, fuss-free comfort - complete with an on-title parking space located right out the front, and a sought-after location equidistant to Wollongong and North Wollongong train stations and a level stroll from Keira Street dining, shops and nightlife.

- Neat ground-floor property with entry via building foyer and courtyard

- Freshly painted living area, generously sized bedroom with built-in robe
- North-facing eat in kitchen, electric cooking, pantry, enclosed laundry.
- Tiled bathroom with bathtub/shower/WC combination
- Vibrant living close to cafes + bars, Wollongong Central, free shuttle
- University, hospital precinct and TIGS all only minutes away
- Walk to inner-city schools, beaches, WIN Stadium and harbourside

Property History for 7/1 Thomas St, Wollongong, NSW 2500

A timeline of how this property has performed in the market
Last Sold
$462,000
21 May 2024
Listed for Rent
$370/w
19 Jan 2022
  • 29 May 2024
    Listed for Rent $480 / week
  • 21 May 2024
    Sold for $462,000
  • 09 May 2024
    Listed for Sale $462,000
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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 15,550 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 112 properties listed for sale, and 82 properties listed for rent in Wollongong on OnTheHouse. According to CoreLogic's data, 699 properties were sold in the past 12 months in Wollongong.

Suburb Insights for Wollongong 2500

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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.