5 First Avenue SWarrawong NSW 2502
Property Details for 5 First Ave S, Warrawong
5 First Ave S, Warrawong is a 8 bedroom, 4 bathroom BlockOfUnits with 4 parking spaces. The property has a land size of 651m2. While the property is not currently for sale or for rent, it was last sold in October 2025. There are other 8 bedroom BlockOfUnits sold in Warrawong in the last 12 months.
Last Listing description (October 2025)
An exceptional chance to secure a block of 4 oversized 2-bedroom units in the booming Warrawong CBD – one of the Illawarra's most exciting growth corridors.
With a long term proven annual gross return of approx. $94,120, this is a rock-solid, income generating asset that also offers enormous future value uplift as the precinct continues its transformation.
• Freehold, two level unit block with 4 x oversized 2 bedroom apartments.
• Proven occupation history with passing rent of $94,120pa – genuine potential to increase
• Capitalise on Warrawong's Government future planning and current CBD revitalisation
• Site Area of 651m2 and zoned R2 Low Density Residential.
This is the kind of set-and-forget investment that delivers both immediate returns, potential uplift in value and long-term capital growth.
Opportunities like this are rare – secure your future prosperity today.
Disclaimer: We have obtained all information provided here from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations and satisfy themselves of all aspects of such information including and without limitation, any income, rentals, dimensions, areas, zoning, inclusions and exclusions.
Property History for 5 First Ave S, Warrawong, NSW 2502
- 15 Oct 2025Sold for $2,011,000
- 19 Sep 2025Listed for Sale $2,011,000
- 14 Jun 2024Sold
Recent sales nearby
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0About Warrawong 2502
The size of Warrawong is approximately 2.6 square kilometres. It has 13 parks covering nearly 19.2% of total area. The population of Warrawong in 2016 was 4752 people. By 2021 the population was 4659 showing a population decline of 2.0% in the area during that time. The predominant age group in Warrawong is 0-9 years. Households in Warrawong are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Warrawong work in a labourer occupation.In 2021, 48.00% of the homes in Warrawong were owner-occupied compared with 46.80% in 2016.
Warrawong has 2,433 properties. Over the last 5 years, Houses in Warrawong have seen a 61.05% increase in median value, while Units have seen a 47.72% increase. As at 30 November 2025:
- The median value for Houses in Warrawong is $894,142 while the median value for Units is $699,586.
- Houses have a median rent of $600 while Units have a median rent of $450.
Suburb Insights for Warrawong 2502
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