9 Eastern StreetGwynneville NSW 2500
Property Details for 9 Eastern St, Gwynneville
9 Eastern St, Gwynneville is a 9 bedroom, 5 bathroom House with 3 parking spaces and was built in 1940. The property has a land size of 683m2. While the property is not currently for sale or for rent, it was last sold in April 2026. There are other 9 bedroom House sold in Gwynneville in the last 12 months.
Last Listing description (April 2026)
Proudly presenting the ultimate investment opportunity with four single level units on one title, all tenanted, providing a consistent rental return, while be positioned perfectly in the heart of Gwynneville.
This property offers 2x three-bedroom units, 1x two bedroom unit and 1x one bedroom units. All units are well proportioned and have been updated throughout with comfortable living spaces, well-appointed kitchens, sizeable bedrooms and bathrooms, communal laundry with storage and on-site car spaces with a dual driveway.
The property offers endless options for the savvy investor such as, further scope for rejuvenation and improvements internally to increase the rental return and overall value of the property, the potential to strata title these units to then be sold off separately and of course future re-development opportunities with a townhouse or duplex development (STCA) as the property is situated on a near level 683m2 block with a 15m frontage, zoned R2.
Current rental return is $100,620 per annum (Gross)
Unit 1 $450 per week (Expired March 2026)
Unit 2 - $570 per week (Periodic Lease)
Unit 3 - $395 per week (Expired Feb 2026)
Unit 4 - $520 per week (Expires April 2026)
Whether you're looking to add to your portfolio, embark on a development project, or simply capitalise on the prime location, this property offers endless possibilities for the astute investors.
Positioned perfectly on the outskirts of Wollongong CBD, short walk to Gwynnevilles vibrant Village, cafes, restaurants and local shops, public transport, Botanical Gardens, Beaton Park Leisure Centre, University, Tafe, Public & Private hospitals and local beaches.
Features Include:
Ultimate Investment with 4x units on 1 title
- 2x three bedroom units, 1x two bedroom unit & 1x one bedroom unit
- Current rental return of $98,540 per annum (Gross) (All units tenanted)
- Situated on a level 683m2 block with 15m frontage, Zoned R2
- Opportunity to explore strata possibilities or Re-development (S.T.C.A.)
- Positioned perfectly in the heart of Gwynneville, on the outskirts of Wollongong CBD
Outgoings:
Council Rates $1028 per quarter (approx)
Water Rates $684 per quarter (approx)
Disclaimer:
Whilst A-List Property Group has made every effort to ensure the information supplied to you in our marketing material is correct, we cannot guarantee the accuracy of the information provided by our Vendors, and as such, A-List Property Group makes no statement, representation, or warranty, and assumes no legal liability in relation to the accuracy of the information provided. Interested parties should conduct their own due diligence in relation to each property they are considering purchasing. All photographs, maps and images are representative only, for marketing purposes.
Property History for 9 Eastern St, Gwynneville, NSW 2500
- 09 Apr 2026Sold for $1,780,000
- 09 Sep 2025Listed for Sale Price Guide $1,800,000
- 20 May 2022Sold for $1,533,333
Recent sales nearby
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About Gwynneville 2500
The size of Gwynneville is approximately 1.2 square kilometres. There are 8 parks, covering nearly 21.0% of the total area. The population of Gwynneville in 2016 was 3100 people. By 2021 the population was 3139 showing a population growth of 1.3% in the area during that time. The predominant age group in Gwynneville is 20-29 years. Households in Gwynneville are primarily couples with children and are likely to be repaying $2400 - $2999 per month on mortgage repayments. In general, people in Gwynneville work in a professional occupation.In 2021, 43.50% of the homes in Gwynneville were owner-occupied compared with 42.60% in 2016.
Gwynneville has 1,339 properties. Over the last 5 years, Houses in Gwynneville have seen a 14.06% increase in median value, while Units have seen a 29.36% increase. As at 31 July 2026:
- The median value for Houses in Gwynneville is $1,233,212 while the median value for Units is $751,107.
- Houses have a median rent of $750 while Units have a median rent of $515.
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