Unit 2, 7 RAILWAY STREET East Corrimal NSW 2518
This property is Off Market
- Last sold 2/9/2024 for $1,200,000. The Average property price in this area is $1,080,412, this is based on recent transactions.
- Internet speed Download 100 Mbps / Upload 40 Mbps
- Distance to the coast 1.16 km
- Potential bushfire risk 0 / 10
- Report as to subsidence
- Powerlines within 200m 0
Street view
Property For Sale Nearby
Recently Sold Properties in this Area
- 10/23/2024 57 MURRAY RD $900,100
- 10/22/2024 37 SPINKS RD $595,000
- 10/10/2024 12 MURRAY RD $500,000
- 10/8/2024 60 PIONEER RD $455,000
- 9/27/2024 16 THALASSA AVE $815,000
About Corrimal - Tarrawanna - Bellambi
With an average age of 38, households expect an average monthly mortgage payment of $1,916 or a weekly rent payment of $360. The average family earns a weekly income of $1,829 with a typical household size of 2.1 and a 94.55% employment rate.
In East Corrimal there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Low average incomes in East Corrimal is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. A mix of professions and above average income earners in East Corrimal provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Medium density in East Corrimal necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Lower than average industry presence in East Corrimal we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make East Corrimal a better buying opportunity than it may have been in the past.
Public Transport
Bulli
General Points of Interest
Vietnam War Memorial
Snake Pit Basket Ball Stadium
Multi-Purpose Unit
Jumbulla Aboriginal Discovery Centre
Wollongong Cenotaph
Coledale Pool
Lawrence Hargrave Memorial (UOW art collection)
Skydive the Beach Sydney Wollongong
University of Wollongong
Lysaght's Rec Club
Population
(Country of Birth not stated 5%)
Are people healthy?
There are a recorded 2081 asthma sufferers and 814 people living with diabetes. In addition, 825 people have a heart/vascular condition and 2145 people live with three or more chronic diseases.A good place to invest in property?
Corrimal - Tarrawanna - Bellambi a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.
Investability - Housing Demand
New South Wales State average 59 / 100
Income
24 / 100
31 / 100
Industry
20 / 100
22 / 100
Population
25 / 100
19 / 100
House Prices
52 / 100
60 / 100
Jobs
27 / 100
29 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
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School CatchmentsCorrimal EPS Corrimal HS
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Russell Vale Public School
Russell Vale, NSW, 2517 State K-6 -
Aspect South Coast School
Corrimal, NSW, 2518 Independent U -
Corrimal East Public School
Corrimal, NSW, 2518 State K-6 -
Corrimal High School
Corrimal, NSW, 2518 State 7-12 -
Bellambi Public School
Bellambi, NSW, 2518 State K-6 -
Corrimal Public School
Corrimal, NSW, 2518 State K-6 -
Holy Spirit College
Bellambi, NSW, 2518 Independent 7-12 -
Wollongong Flexible Learning Centre
Towradgi, NSW, 2518 Independent 7-10
Property Story
Unit 2, 7 Railway Street, East Corrimal, Nsw, 2518 is a residential property . The estimated distance to the sea is only 1.16km and 0.43KM to vegatation considered to be a factor in bushfire risk.Local Developments
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134 Acme Avenue Street, Town, State
Description - Details the application. Type and other information pertaining to the development application and more...
Authority Reference: UX0909823-GOV Website
The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.
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