OFF MARKET

8/29-31 Mercury Street
Wollongong NSW 2500

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 71m2
Land area: 1168m2
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Property Details for 8/29-31 Mercury St, Wollongong

8/29-31 Mercury St, Wollongong is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1974. The property has a land size of 1168m2 and floor size of 71m2. While the property is not currently for sale or for rent, it was last sold in October 2021.

Building Type
Unit
Year Built
1974
Floor Size
71m2
Land Size
1168m2
Local Government
Wollongong
Lot/Plan
8/SP8510

Last Listing description (November 2021)

Embracing a beautifully designed layout with plenty of natural light, this modern second-floor unit offers a tranquil retreat in a vibrant lifestyle locale. Generously sized with its modern calming interiors boasting an open-plan living zone with a modern kitchen and built-in wardrobes to both the bedrooms, quality bathroom, and a designated carport. With no work to be done, carefree living awaits with an array of cafes, restaurants, shops, hospitals, beaches, Wollongong University, Beaton Park & free shuttle bus just moments away.

Two generous size bedrooms both with fully fitted built-in-wardrobes
Split system air-conditioning unit

Modern kitchen with stainless steel appliances
Floor to ceiling tiling in the bathroom with separate shower & bathtub
Hardwood polished timber floors & vertical blinds throughout
Internal laundry with extra storage space
Two spacious balconies, one of the living room & private balcony of main bedroom
Allocated carport & additional off street parking to share
NBN to premises and ready to go
Located close to public transport, schools, Wollongong hospital & CBD
Rates- Council: $356.99pq | Water: $150.99pq
Strata: $736.20pq

FREE Strata Report available via the below link:
https://www.beforeyoubid.com.au/purchase/unit-8-29-31-mercury-street-wollongong-nsw-2500/strata

Property History for 8/29-31 Mercury St, Wollongong, NSW 2500

A timeline of how this property has performed in the market
Last Sold
$557,500
06 Oct 2021
Listed for Rent
$390/w
19 Apr 2021
  • 06 Oct 2021
    Sold for $557,500
  • 28 Sep 2021
    Listed for Sale $500,000 - $550,000 | Private Appointments Only
  • 09 Apr 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 15,549 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 113 properties listed for sale, and 84 properties listed for rent in Wollongong on OnTheHouse. According to CoreLogic's data, 690 properties were sold in the past 12 months in Wollongong.

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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.