7/63 Market StreetWollongong NSW 2500
Property Details for 7/63 Market St, Wollongong
Last Listing description (March 2018)
Substantial unit of 248sqm + 13sqm balcony
Quality tenant on 3 year lease, expiring in 2020
Net return of $72,767 pa (+GST)
Top notch position in the hearth of the City
*All figures approximate
Property History for 7/63 Market St, Wollongong, NSW 2500
- 25 Jul 2024Sold for $1,716,000
- 16 Oct 2017Sold for $1,250,000
- 23 Sep 2017Listed for Sale Not Disclosed
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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 15,551 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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