41 Illowra CrescentPrimbee NSW 2502
Property Details for 41 Illowra Cres, Primbee
41 Illowra Cres, Primbee is a 9 bedroom, 4 bathroom Unit with 4 parking spaces. The property has a land size of 841m2 and floor size of 122m2. While the property is not currently for sale or for rent, it was last sold in October 2023.
Last Listing description (October 2023)
Great investment opportunity with a mixture of units to be sold in 1 line.
Consisting of two stand-alone buildings currently configured and let as 2 x 2 bedroom units (building 1) and 1 x 3 bedroom villa + 1 x 2 bedroom villa (building 2) - all with parking and long-term tenant history
All units are on the same title, with the combined rental return of the 4 tenancies presently $1325 per week. ($68,900 PA)
Positioned in a nice, quiet, friendly neighbourhood and only moments to Lake Illawarra, Warrawong shopping district and amenities.
This property is perfect for the first-time investor or the astute property investor looking to add to their portfolio. These set and forget properties don't come along that often, so be quick to get in to inspect.
From all of us at Fitzgerald Hines, we wish you every success in your search for your home. If you would like more details on this home or to discuss one of the many other properties we have available please call or email us today.
Disclaimer: All information provided in this listing is from sources we believe to be correct at time of publication, however, we cannot guarantee, and do not warrant its accuracy. Prospective purchasers are advised to carry out their own enquiries to satisfy themselves of all aspects of the property and this listing, including but not limited to : current and future rental income, terms of tenancies, dimensions, areas, council zoning & permitted use, inclusions and exclusions.
Property History for 41 Illowra Cres, Primbee, NSW 2502
- 11 Oct 2023Sold for $1,230,000
- 27 Sep 2023Listed for Sale $1,250,000
- 18 Jul 2023Listed for Sale $1,250,000
Recent sales nearby
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0About Primbee 2502
The size of Primbee is approximately 3.3 square kilometres. It has 10 parks covering nearly 70.6% of total area. The population of Primbee in 2016 was 1640 people. By 2021 the population was 1623 showing a population decline of 1.0% in the area during that time. The predominant age group in Primbee is 60-69 years. Households in Primbee are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Primbee work in a professional occupation.In 2021, 67.30% of the homes in Primbee were owner-occupied compared with 66.80% in 2016.
Primbee has 816 properties. Over the last 5 years, Houses in Primbee have seen a 45.88% increase in median value, while Units have seen a 41.57% increase. As at 30 November 2025:
- The median value for Houses in Primbee is $1,042,594 while the median value for Units is $672,364.
- Houses have a median rent of $700 while Units have a median rent of $485.
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