304/48 Bank St, Wollongong NSW 2500
Technical details
How this sale compares
Sold for $1,150,000 in Dec 2023, up $430,000 (60%) on the $720,000 paid in Sep 2018. That is about 9.4% a year over 5.2 years.
Over the same period the median unit price in Wollongong rose 19%, from $598,500 in 2018 to $710,000 in 2023.
The 2023 sale was 62% above the Wollongong median unit price for that year ($710,000 across 485 sales).
Since then the median unit price in Wollongong has risen 6%, from $710,000 in 2023 to $750,000 over the last 12 months (452 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 $1,150,000 on 18 Dec 2023, that rent is a gross yield of 2.8% 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.
Related sales
Sale history
Sold is the contract date, when the sale was agreed. Settled is the date ownership transferred.
| Beds | Baths | Cars | Title reference | |||
|---|---|---|---|---|---|---|
| 18 Dec 2023 | 29 Jan 2024 | $1,150,000 | - | - | - | 16/SP99017 |
| 25 Sep 2018 | 19 Nov 2019 | $720,000 | - | - | - | 16/SP99017 |
Title reference: 16/SP99017
Title reference: 16/SP99017
Other sales at 48 Bank St
The most recent sales of other units in this building. See every sale in the building.
| Beds | Baths | Cars | Title reference | ||||
|---|---|---|---|---|---|---|---|
| 402 | 24 Jun 2026 | 4 Aug 2026 | $700,000 | - | - | - | 20/SP99017 |
| 105 | 30 Sep 2025 | 11 Nov 2025 | $1,095,000 | - | - | - | 5/SP99017 |
| 503 | 21 Jan 2025 | 24 Feb 2025 | $1,260,000 | - | - | - | 27/SP99017 |
| 603 | 31 Oct 2024 | 12 Dec 2024 | $1,280,000 | - | - | - | 33/SP99017 |
| 302 | 5 Jul 2024 | 5 Nov 2024 | $630,000 | - | - | - | 14/SP99017 |
| 303 | 23 Jan 2024 | 5 Mar 2024 | $1,150,000 | - | - | - | 15/SP99017 |
| 504 | 14 Dec 2023 | 17 Jan 2024 | $1,195,000 | - | - | - | 28/SP99017 |
| 403 | 1 Nov 2023 | 30 Nov 2023 | $1,018,000 | - | - | - | 21/SP99017 |
| 204 | 25 Sep 2023 | 6 Nov 2023 | $1,050,000 | - | - | - | 10/SP99017 |
| 402 | 28 Jun 2023 | 31 Jul 2023 | $660,000 | - | - | - | 20/SP99017 |
Title reference: 20/SP99017
Title reference: 5/SP99017
Title reference: 27/SP99017
Title reference: 33/SP99017
Title reference: 14/SP99017
Title reference: 15/SP99017
Title reference: 28/SP99017
Title reference: 21/SP99017
Title reference: 10/SP99017
Title reference: 20/SP99017
Recent sales on Bank St
Sold in the last two years.
- 3/63 Bank St, Wollongong 2500 $1,060,000 sold 19 Jun 2026
- 4/63 Bank St, Wollongong 2500 $1,060,000 sold 17 Apr 2026
- 2/13 Bank St, Wollongong 2500 $835,000 sold 27 Mar 2026
- 18/12 Bank St, Wollongong 2500 $1,300,000 sold 16 Feb 2026
- 18/4 Bank St, Wollongong 2500 $980,000 sold 29 Jan 2026
- 2/63 Bank St, Wollongong 2500 $1,080,000 sold 20 Jan 2026
- 19/12 Bank St, Wollongong 2500 $1,650,000 sold 20 Jan 2026
- 29/4 Bank St, Wollongong 2500 $2,530,000 sold 28 Nov 2025
Recent sales nearby
Sold in the last 12 months within about 400 metres.
- 5/184 Corrimal St, Wollongong 2500 $800,000 sold 4 Sep 2026
- 602/77 Kembla St, Wollongong 2500 $1,035,000 sold 6 Aug 2026
- 403/35 Kenny St, Wollongong 2500 $631,000 sold 1 Aug 2026
- 4/110 Kembla St, Wollongong 2500 $1,150,000 sold 30 Jul 2026
- 301/53 Crown St, Wollongong 2500 $750,000 sold 29 Jul 2026
- 1103/28 Burelli St, Wollongong 2500 $690,000 sold 2 Jul 2026
- 7/13 George St, Wollongong 2500 $475,000 sold 29 Jun 2026
- 2/17 Glebe St, Wollongong 2500 $1,960,000 sold 19 Jun 2026