1/38 Market Street, Wollongong, NSW 2500 sold on 12 February 2025 | OnTheHouse
 
SOLD
Sold on 12 Feb 2025 for $575,000

1/38 Market Street
Wollongong NSW 2500

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 64m2
Land area: 85m2
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MMJ Real Estate North
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Property Details for 1/38 Market St, Wollongong

1/38 Market St, Wollongong is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1972. The property has a land size of 85m2 and floor size of 64m2. While the property is not currently for sale or for rent, it was last sold in February 2025. There are other 2 bedroom Unit sold in Wollongong in the last 12 months.

Building Type
Unit
Year Built
1972
Floor Size
64m2
Land Size
85m2
Local Government
Wollongong
Lot/Plan
1/SP6495

Last Listing description (March 2025)

With the harbour precinct, beautiful beaches and the CBD all just a stroll away, this ground floor apartment offers a great lifestyle. Located at the front of the building this property provides a sensational entry point into Wollongong's city centre, or a rewarding investment with strong rental history.

Features:
- Set in a in a low-rise building boasting deep setback from the street, with an oversize car parking space.
- Rent potential of approx. $500-$520 per week.
- High ceilings, brick construction.
- Open-plan living area flowing through sliding glass doors to L shaped balcony access to common lawn area.
- Modern kitchen with ample cupboard storage.
- Internal laundry and linen press.
- Premium address, only a short pleasant walk to Lang Park and City Beach, and Wollongong Harbour, CBD, cafes, bars, and restaurants at your door step

The Important Numbers:
Council Rates: $399 per quarter
Water Rates: $173 per quarter
Strata Rates: $808 per quarter

*This advertising has been prepared by MMJ Real Estate (MMJ) for the purpose of advertising and general information only. MMJ do not guarantee, represent, or warrant that the information contained in this advertising is correct. Any interested party should undertake their own inquiries as to the accuracy of the information published

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Property History for 1/38 Market St, Wollongong, NSW 2500

A timeline of how this property has performed in the market
Last Sold
$575,000
12 Feb 2025
Listed for Rent
$560/w
06 Mar 2025
  • 21 Feb 2025
    Listed for Rent $560 / week
  • 12 Feb 2025
    Sold for $575,000
  • 24 Jan 2025
    Listed for Sale $560,000 - $590,000
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About Wollongong 2500

The size of Wollongong is approximately 5.9 square kilometres. It has 28 parks covering nearly 23.4% of total area. The population of Wollongong in 2016 was 18442 people. By 2021 the population was 20446 showing a population growth of 10.9% in the area during that time. The predominant age group in Wollongong is 20-29 years. Households in Wollongong are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Wollongong work in a professional occupation.In 2021, 41.80% of the homes in Wollongong were owner-occupied compared with 39.60% in 2016.

Wollongong has 15,942 properties. Over the last 5 years, Houses in Wollongong have seen a 31.15% increase in median value, while Units have seen a 37.85% increase. As at 31 October 2025:

  • The median value for Houses in Wollongong is $1,143,825 while the median value for Units is $802,073.
  • Houses have a median rent of $600 while Units have a median rent of $650.
There are currently 86 properties listed for sale, and 103 properties listed for rent in Wollongong on OnTheHouse. According to Cotality's data, 702 properties were sold in the past 12 months in Wollongong.

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© Copyright 2025. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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