2/40 Rann St

Off Market

2/40 Rann St

Fairy Meadow NSW 2519

76 m²

Apartment

Last sold for $560,000

Melissa Lott, last sold this property on 31 October 2025 after 49 days on market.

Overview

Modern Comfort, Coastal Convenience

Perfectly positioned for lifestyle and convenience, this well-presented apartment is an ideal opportunity for first home buyers, investors, or those seeking a low-maintenance coastal retreat. Set within a boutique block, it's just moments from Fairy Meadow's vibrant cafés, shops, beaches, and excellent transport links. Occupying a convenient ground-floor position, the property features light-filled open-plan living, a modern kitchen, a contemporary bathroom, and two generously sized bedrooms. With its own covered car space, internal laundry, and easy access to Wollongong CBD and the University, it combines comfort, practicality, and location. Highlights: • Approx 76sqm internal space • Stylish, well-maintained interiors throughout • Modern kitchen with quality appliances • Contemporary bathroom with tasteful finishes • Two spacious bedrooms • Internal laundry with storage • Single covered car space • Walking distance to shops, cafés, beach, and transport • Currently tenanted Outgoings (approx.): • Council Rates: $429.95 /Qtr • Water Rates: $172.83 /Qtr • Strata Levies: $1209.99 /Qtr Disclaimer: All information has been sourced from reliable parties; however, accuracy cannot be guaranteed. Prospective buyers are advised to make their own enquiries.

Features

2 bedrooms

1 bathroom

1 carspace

76 m² floor area

Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Fairy Meadow over the last 12 months, the estimated median property value of 2/40 Rann St is $646k.

Median value

$646k

Estimated value range

$543k - $1.22m

Median days on market

Estimated value trend

19%

increase over the last 12 months

Average days on market is based on recent, comparable sales in Fairy Meadow. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 2/40 Rann St

2025

Sold

$560,000

Private Sale/Treaty on 31 Oct 2025 by Melissa Lott, of Real Estate Management Group

2021

Rented

Undisclosed

Leased on 19 Feb 2021 by Real Estate Management Group

2019

Sold

$410,000

Private Sale/Treaty on 16 Jan 2019 by Zoe Miceski, of Real Estate Management Group

Happy sellers in Fairy Meadow

87%

87% of sellers in Fairy Meadow reported that their sale price either exceeded or met their price expectations.

Fairy Meadow stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 9 reviews in Fairy Meadow over the last 12 months.

Local market activity for 2 bedroom apartments in Fairy Meadow

In the last 12 months, 31 two-bedroom apartments similar to 2/40 Rann St, have been sold.

This represents a 40% decrease in two-bedroom apartments sales when compared to the previous 12 months.

Sold

For Sale

For Rent

Interested in selling?

People are reaching out to these agents in Fairy Meadow for a free market appraisal.

Sarah Ward

at Stone Real Estate Illawarra

(426 reviews)

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Daniel Frazer

at Laurence Morgan – Wollongong

4.9

(363 reviews)

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Neil Webster

at Stone Real Estate Illawarra

4.9

(194 reviews)

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Daniel Dajcic

at The Agency Kiama/Gerringong

(41 reviews)

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Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Fairy Meadow

Sarah Ward

Sellers who recommend Sarah Ward have praised them for being clear communication, local expert, friendly, honest, responsive, supportive and well-prepared