24 Loftus StreetWollongong NSW 2500
Property Details for 24 Loftus St, Wollongong
24 Loftus St, Wollongong is a 10 bedroom, 6 bathroom House with 1 parking spaces. The property has a land size of 688m2. While the property is not currently for sale or for rent, it was last sold in December 2012.
Last Listing description (December 2012)
Investors....this one ticks all the boxes!
Located just 100 metres from Wollongong Hospital and minutes walk to Wollongong Train Station, CBD shopping and the popular shuttle bus to Wollongong University - this well located, well constructed and fastidiously maintained block of 5 flats includes:-
1 x 3 bedroom penthouse style unit garage and car space
1 x 1 bedroom flats with car-space
For the straight out investor, it currently returns a gross rent of $54,340 per annum from 4 of the units with further potential to rent the 3 bedroom penthouse - increasing the rental income to potentially around $88,000 per annum.
Owner occupiers or retirees might consider moving in to the spacious top floor property and having the luxury of a steady and reliable income stream for the future.
Plenty of options on offer here and inspections highly recommended with as much notice as possible.
WCC Rates: $2800 pa Water Rates: $3400 pa
Property History for 24 Loftus St, Wollongong, NSW 2500
- 10 Dec 2012Sold for $1,425,000
- 18 May 2012Listed for Sale $1.45 TO $1.6 MILLION
- 29 Oct 2011Listed for Rent - Price not available
Recent sales nearby
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About Wollongong 2500
The size of Wollongong is approximately 5.9 square kilometres. There are 28 parks, covering nearly 23.4% of the 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 16,000 properties. Over the last 5 years, Houses in Wollongong have seen a 10.26% increase in median value, while Units have seen a 18.21% increase. As at 31 August 2026:
- The median value for Houses in Wollongong is $1,228,798 while the median value for Units is $813,212.
- Houses have a median rent of $750 while Units have a median rent of $650.
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