24/51-59 Princes HighwayFairy Meadow NSW 2519
Property Details for 24/51-59 Princes Hwy, Fairy Meadow
24/51-59 Princes Hwy, Fairy Meadow is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2013. The property has a land size of 2082m2 and floor size of 69m2. While the property is not currently for sale or for rent, it was last sold in March 2022.
Last Listing description (March 2022)
Perfectly situated where the mountains meet the sea this central location is both thriving and popular.
Perched on level three with an outstanding North West aspect you will enjoy natural light throughout the day and glorious sunsets over the mountain range. Consisting of two bedrooms with robes, a simple open floor plan and sunny balcony opening from the lounge room. The apartment is located within a secure complex with lift access from your basement car space.
A location that offers so much within walking distance to specialty stores, doctors, cafes, supermarkets, restaurants, UOW Innovation Campus and the convenience of the Free Wollongong Shuttle Bus or Train Station.
The property is returning a high rental yield with the benefit of the Federal Government tax free NRAS incentive of approximately $11,300 per year until 2023.
With a tenant keen to stay on this is a fantastic opportunity for the astute investor or first home buyer to purchase in this sought after location.
Water Rates: $147.31 pq
Strata Rates: $980.55 pq
Council Rates: $411.00 pq
Property History for 24/51-59 Princes Hwy, Fairy Meadow, NSW 2519
- 04 Mar 2022Sold for $537,500
- 01 Jul 2021Listed for Rent $331 / week
- 26 Sep 2019Listed for Sale $445,000
Recent sales nearby
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About Fairy Meadow 2519
The size of Fairy Meadow is approximately 3.5 square kilometres. It has 22 parks covering nearly 21.2% of total area. The population of Fairy Meadow in 2016 was 7405 people. By 2021 the population was 7512 showing a population growth of 1.4% in the area during that time. The predominant age group in Fairy Meadow is 20-29 years. Households in Fairy Meadow are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Fairy Meadow work in a professional occupation.In 2021, 56.40% of the homes in Fairy Meadow were owner-occupied compared with 55.70% in 2016.
Fairy Meadow has 4,042 properties. Over the last 5 years, Houses in Fairy Meadow have seen a 46.87% increase in median value, while Units have seen a 32.85% increase. As at 30 November 2025:
- The median value for Houses in Fairy Meadow is $1,211,795 while the median value for Units is $750,931.
- Houses have a median rent of $688 while Units have a median rent of $560.
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