OFF MARKET

706/15 Railway Parade
Wollongong NSW 2500

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Land area: 113m2
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Last updated 11 Nov 2024
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Property Details for 706/15 Railway Pde, Wollongong

706/15 Railway Pde, Wollongong is a 2 bedroom, 2 bathroom Unit with 1 parking spaces. The property has a land size of 113m2. While the property is not currently for sale or for rent, it was last sold in September 2023.

Building Type
Unit
Land Size
113m2
Local Government
Wollongong
Lot/Plan
51/SP101409

Last Listing description (December 2023)

"SKYE" Apartments
Level 7 with South Easterly corner aspect and no common walls to any other apartment
Basement parking space, lift access, security intercom entry, basement storage area

Ideal location for the commuter with train station across the road
Custom built-in cabinetry and additional storage
Extra features such as window tinting and insect screen doors
Ducted air conditioning
Pet friendly development
Anticipated rental return of approximately $650.00 per week for investors

Council Rates: $1,184.08 Per Annum (2022-2023)
Strata Levies: $938.00 Per Quarter Approx

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Property History for 706/15 Railway Pde, Wollongong, NSW 2500

A timeline of how this property has performed in the market
Last Sold
$690,000
25 Sep 2023
  • 25 Sep 2023
    Sold for $690,000
  • 03 Jul 2023
    Listed for Sale Guide $695,000
  • 24 Mar 2020
    Sold for $540,000

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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 15,562 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 119 properties listed for sale, and 81 properties listed for rent in Wollongong on OnTheHouse. According to CoreLogic's data, 709 properties were sold in the past 12 months in Wollongong.

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