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Unit 1,
7 RUSSELL STREET Corrimal NSW 2518

This property is Off Market

All about Corrimal Homes for sale in Corrimal

Last sold 9/5/2024 for $440,000. 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 2.23 km
Potential bushfire risk 0 / 10
Report as to subsidence
Potential Land Contamination risk
Powerlines within 200m 0

Street view

Drive times

School Catchments

Property For Sale Nearby

Stone Real Estate 89 PRINCES HWY, Auction 5 Beds - 3 Baths - 2 Parking Within 0.5 km Ray White UNIT 101, 12 HARBINGER ST, 800000 2 Beds - 2 Baths - 1 Parking Within 0.6 km Ray White UNIT 201, 12 HARBINGER ST, 773500 2 Beds - 2 Baths - 2 Parking Within 0.6 km Ray White UNIT 6, 10 WILFORD ST, 790000 3 Beds - 1 Baths - 2 Parking Within 0.8 km Belle Property 36A EAGER ST, Auction 3 Beds - 2 Baths - 2 Parking Within 0.9 km The Agency 71 ROBSON ST, Price Guide $1,600,000 5 Beds - 2 Baths - 2 Parking Within 1.0 km Belle Property 6 WHITING CR, Price Guide $1,350,000 4 Beds - 2 Baths - 3 Parking Within 1.0 km The Agency 15 TAYLOR PL, Price on Request 5 Beds - 3 Baths - 4 Parking Within 1.0 km OneAgency 7 JONES PL, Price guide $1,400,000 - $1,500,000 5 Beds - 2 Baths - 2 Parking Within 1.2 km

Recently Sold Properties in this Area

10/21/2024 15 ALBAN ST $690,000
10/21/2024 11 FOOTHILLS RD $480,000
10/16/2024 44 TARRAWANNA RD $1,100,000
10/16/2024 287 ROTHERY ST $910,000
10/11/2024 65 RAILWAY ST $950,000

About Corrimal - Tarrawanna - Bellambi

With an average age of 35, households expect an average monthly mortgage payment of $1,979 or a weekly rent payment of $350. The average family earns a weekly income of $1,828 with a typical household size of 1.8 and a 94.41% employment rate.

In 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 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 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 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 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 Corrimal a better buying opportunity than it may have been in the past.

Public Transport

Bulli

Thirroul

Wollongong train

North Wollongong train

Corrimal

Fairy Meadow train

Woonona

Austinmer

Bellambi

Towradgi

General Points of Interest

Vietnam War Memorial sport

Snake Pit Basket Ball Stadium sport

Multi-Purpose Unit

Jumbulla Aboriginal Discovery Centre monument

Wollongong Cenotaph swimming

Coledale Pool monument

Lawrence Hargrave Memorial (UOW art collection)

Skydive the Beach Sydney Wollongong schools

University of Wollongong sport

Lysaght's Rec Club

Population

(Country of Birth not stated 3%)

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

Disclaimer

Local Crime Rates

Incidents Trend State Average

Local Schools

School Catchments

Corrimal PS Corrimal HS
Corrimal Public School
Corrimal, NSW, 2518 State K-6
Aspect South Coast School
Corrimal, NSW, 2518 Independent U
Bellambi Public School
Bellambi, NSW, 2518 State K-6
Russell Vale Public School
Russell Vale, NSW, 2517 State K-6
Corrimal East Public School
Corrimal, NSW, 2518 State K-6
Tarrawanna Public School
Tarrawanna, NSW, 2518 State K-6
Wollongong Flexible Learning Centre
Towradgi, NSW, 2518 Independent 7-10

Property Story

Unit 1, 7 Russell Street, Corrimal, Nsw, 2518 is a residential property . The estimated distance to the sea is 2.23km and 0.38KM 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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