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16/24 Market St, Wollongong NSW 2500

Wollongong Unit
Last sold $530,000 3 Feb 2024
Technical details
Title reference16/SP84201
Site area (whole strata scheme)2,008 m²
ZoningMU1 Mixed Use
Nature of propertyResidence
Primary purposeResidence
Valuation district103
Property ID3608706

How this sale compares

Sold for $530,000 in Feb 2024, up $32,500 (7%) on the $497,500 paid in Jun 2022. That is about 4.0% a year over 1.6 years.

Over the same period the median unit price in Wollongong fell 1%, from $720,000 in 2022 to $712,000 in 2024.

The 2024 sale was 26% below the Wollongong median unit price for that year ($712,000 across 624 sales).

Since then the median unit price in Wollongong has risen 5%, from $712,000 in 2024 to $750,500 over the last 12 months (448 sales).

Wollongong medians use NSW Valuer General sales of $50,000 or more, leaving out part-interest transfers and contracts covering several properties, and need at least 10 sales in the period. See Wollongong sold prices by year.

Rent and yield

Units in postcode 2500 rented for a median $625 a week, from 1,771 bonds lodged Oct 2025 to Sep 2026.

On its last sale of $530,000 on 3 Feb 2024, that rent is a gross yield of 6.1% a year, before costs and vacancies.

Median weekly rents from residential rental bonds lodged with NSW Fair Trading, by postcode. This home's own rent may differ. See rents by bedrooms in Wollongong.

Planning controls

Zone
MU1 Mixed Use
Maximum building height
24 m
Floor space ratio
1.5:1 Floor area allowed for each square metre of site

From the Wollongong Local Environmental Plan 2009 maps on the NSW Planning Portal, looked up at this address's map point on 22 Oct 2026. A control can cover only part of a site and plans change, so the council's planning certificate is the formal record. Planning data from the NSW Department of Planning, Housing and Infrastructure, CC BY 4.0.

Sale history

Sold is the contract date, when the sale was agreed. Settled is the date ownership transferred.

Beds Baths Cars Title reference
3 Feb 2024 8 Apr 2024 $530,000 - - - 16/SP84201
21 Jun 2022 2 Aug 2022 $497,500 - - - 16/SP84201
$530,000 Sold 3 Feb 2024
Settled8 Apr 2024
Beds-
Baths-
Cars-

Title reference: 16/SP84201

$497,500 Sold 21 Jun 2022
Settled2 Aug 2022
Beds-
Baths-
Cars-

Title reference: 16/SP84201

Other sales at 24 Market St

The most recent sales of other units in this building. See every sale in the building.

Beds Baths Cars Title reference
12 7 Aug 2026 18 Sep 2026 $575,000 - - - 12/SP84201
12 16 Jan 2025 27 Feb 2025 $550,000 - - - 12/SP84201
9 13 Dec 2023 24 Jan 2024 $480,000 - - - 9/SP84201
15 19 Jan 2023 21 Feb 2023 $499,000 - - - 15/SP84201
19 25 Oct 2022 20 Dec 2022 $499,000 - - - 19/SP84201
17 1 Aug 2022 12 Sep 2022 $500,000 - - - 17/SP84201
11 21 Dec 2021 15 Feb 2022 $530,000 - - - 11/SP84201
8 1 Jun 2021 20 Jul 2021 $500,000 - - - 8/SP84201
19 2 Oct 2019 13 Nov 2019 $407,500 - - - 19/SP84201
2 29 May 2019 11 Jul 2019 $300,000 - - - 2/SP84201
$575,000 Sold 7 Aug 2026
Unit12
Settled18 Sep 2026
Beds-
Baths-
Cars-

Title reference: 12/SP84201

$550,000 Sold 16 Jan 2025
Unit12
Settled27 Feb 2025
Beds-
Baths-
Cars-

Title reference: 12/SP84201

$480,000 Sold 13 Dec 2023
Unit9
Settled24 Jan 2024
Beds-
Baths-
Cars-

Title reference: 9/SP84201

$499,000 Sold 19 Jan 2023
Unit15
Settled21 Feb 2023
Beds-
Baths-
Cars-

Title reference: 15/SP84201

$499,000 Sold 25 Oct 2022
Unit19
Settled20 Dec 2022
Beds-
Baths-
Cars-

Title reference: 19/SP84201

$500,000 Sold 1 Aug 2022
Unit17
Settled12 Sep 2022
Beds-
Baths-
Cars-

Title reference: 17/SP84201

$530,000 Sold 21 Dec 2021
Unit11
Settled15 Feb 2022
Beds-
Baths-
Cars-

Title reference: 11/SP84201

$500,000 Sold 1 Jun 2021
Unit8
Settled20 Jul 2021
Beds-
Baths-
Cars-

Title reference: 8/SP84201

$407,500 Sold 2 Oct 2019
Unit19
Settled13 Nov 2019
Beds-
Baths-
Cars-

Title reference: 19/SP84201

$300,000 Sold 29 May 2019
Unit2
Settled11 Jul 2019
Beds-
Baths-
Cars-

Title reference: 2/SP84201

Recent sales on Market St

Sold in the last two years.

Recent sales nearby

Sold in the last 12 months within about 400 metres.

See all sold prices in Wollongong

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