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This property has been sold for $1,450,000 on 11 June 2026

21 days on market

Market context at sale

Suburb cycle phase
Peaking
RBA cash rate
4.31%
Suburb median (June 2026)
$1,290,000(+12%)

56 Gipps Street, Wollongong, NSW, 2500

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Asking Price

$1,695,000

2 Beds1 Baths1 Cars
Land: 420 m2
Floor: 118 m2

Property overview

This 2-bedroom house at 56 Gipps Street in Wollongong, NSW 2500 sold for $1.4M in June 2026, with 1 bathroom and parking for 1. It offers a 420 m2 block and 118 m2 of internal living space. Wollongong sits about 69 km from the CBD, where the median house price is $1.3M. Council data shows no flood or bushfire overlay on the site. 32 schools sit within about 5km, and the area scores 96 for walkability and 66 for transit out of 100.

For sale now

Recently sold nearby

Signal summary

A plain-language read on this listing (Strong, Monitor or Caution) drawn from its asking price, valuation gap, yield and suburb trend.

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Based on $1,695,000 asking signal.

Signals use available listing and suburb data. They are not personal financial advice.

Listed

Updated

Days on market

21

Investment Score

Essentials feature

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Wollongong at a glance

House market signals | NSW 2500

Full suburb profile

Median

$1.3M

Market signals

To CBD

69 km

Est. Valuation

$1,557,433

Potential Sell Price

Est. Rent/wk

$656

Potential Gross Yield

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Addresses, sold dates, days on market, sold vs asking spreads, plus the subject vs median verdict for each row.

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Key Highlights

Priced 32% above suburb median
Vacancy rate 1.3%
Suburb avg 90 days on market
Going to auction
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Planning Overlays

No Overlays Detected

Subdivision & Development Potential

R1General Residential

Indicative assessment only. Consult your local council planning department for definitive subdivision information.

Total Cost to Purchase

Purchase Price
$1,695,000
Stamp Duty (New South Wales)
$75,238
Transfer/Registration Fee
$400
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Total Cash Required
$1,773,338

Estimates only. Assumes investment property, standard rates. Verify with your conveyancer.

Listing Details

Listed
Last Updated
Postcode
2500

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