A renovator's delight in the southern Illawarra has been quickly snapped up by first home buyers, marking a significant entry point into the property market. The home, located at 34 Antrim Avenue, Warilla, was sold for $830,000, a figure well below the suburb's median house value.
Property Details and Sale
The selling agent, Josh King from Right Choice Real Estate Albion Park, confirmed that the property was purchased by Illawarra first home buyers who plan to renovate the home. According to Cotality records, the property was previously sold in 1990 for $88,000, highlighting a substantial increase in value over 36 years. The home was on the market for just 15 days before being sold.
The original four-bedroom home sits on a 565-square-metre block and is in need of renovation. Features include an oversized double garage and solar panels. Its location offers proximity to Warilla Beach, Lake Illawarra, schools, shops, and public transport. Cotality records show the current median house value in Warilla is $952,668, making this sale a notable bargain.
Towradgi Auction Success
In other sales news, a home in Wollongong's northern suburbs was snapped up at auction after a lengthy period of ownership. The property at 13 Cassell Avenue, Towradgi, changed hands for $1.88 million. Selling agent David Hyslop from McNeice X said the home was sold under the hammer to Illawarra buyers who appreciated the location. There were four registered bidders, with three bids placed during the auction.
The four-bedroom home is located one street back from Towradgi Park and minutes from the sand, surf, and ocean pool. The 652-square-metre block has a 15.2-metre frontage. The home's dual accommodation layout provides options for investment income, multi-generational living, or renovation. The main home features two bedrooms and one bathroom, while there is also a separate two-bedroom, one-bathroom granny flat. Cotality records show the home was previously sold in 1991 for $129,500.
These sales reflect ongoing activity in the Illawarra property market, with first home buyers and investors alike seeking opportunities in the region.
