SOLD
Sold on 29 May 2024 for $805,000

5/40 Cherry Street
Woonona NSW 2517

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 108m2
Land area: 2851m2
Sold By
Betschwar & Co Wollongong
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Property Details for 5/40 Cherry St, Woonona

5/40 Cherry St, Woonona is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2009. The property has a land size of 2851m2 and floor size of 108m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 2 bedroom Unit sold in Woonona in the last 12 months.

Building Type
Unit
Year Built
2009
Floor Size
108m2
Land Size
2851m2
Local Government
Wollongong
Lot/Plan
5/SP82174

Last Listing description (June 2024)

Presenting as new and quietly positioned within 'Edgewood Estate', this well appointed tri-level residence is highlighted by neutral interiors and quality finishes throughout. Set in a small complex and enjoying leafy outlooks, the two bedroom property offers privacy and wonderful low maintenance living, creating an ideal investment opportunity for both investors or those looking to downsize. Within walking distance of quality schools, transport and shops

- Elegant open plan lounge and dining area flows to courtyard
- Bright and spacious covered alfresco area for easy entertaining

- Roller privacy blinds, established garden creates an outdoor haven
- Contemporary kitchen features dishwasher and gas cooking
- Impressive high pitched ceilings in bedrooms, both with robes
- Two split system air conditioning units, gas point for heating
- Oversized garage with internal access, additional storage space

Property History for 5/40 Cherry St, Woonona, NSW 2517

A timeline of how this property has performed in the market
Last Sold
$805,000
29 May 2024
  • 29 May 2024
    Sold for $805,000
  • 23 May 2024
    Listed for Sale Not Disclosed
  • 13 Apr 2015
    Sold for $500,000
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About Woonona 2517

The size of Woonona is approximately 7.7 square kilometres. It has 30 parks covering nearly 11.4% of total area. The population of Woonona in 2011 was 11,442 people. By 2016 the population was 12,163 showing a population growth of 6.3% in the area during that time. The predominant age group in Woonona is 40-49 years. Households in Woonona are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Woonona work in a professional occupation. In 2011, 70.5% of the homes in Woonona were owner-occupied compared with 71.9% in 2016.

Woonona has 5,513 properties. Over the last 5 years, Houses in Woonona have seen a 64.87% increase in median value, while Units have seen a 47.04% increase. As at 31 October 2024:

  • The median value for Houses in Woonona is $1,367,250 while the median value for Units is $811,653.
  • Houses have a median rent of $780 while Units have a median rent of $580.
There are currently 15 properties listed for sale, and 8 properties listed for rent in Woonona on OnTheHouse. According to CoreLogic's data, 192 properties were sold in the past 12 months in Woonona.

Suburb Insights for Woonona 2517

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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.