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Back 504/53 Crown St
Off Market

504/53 Crown St

Wollongong NSW 2500

1
1
1
Apartment
Last sold for $495,000
Dhruv ChaudharyDhruv Chaudhary, last sold this property on 12 August 2025 after 309 days on market.

Overview

Stylish Entertainer Close To Local Attractions!

Presenting an exceptional investment opportunity or a fantastic entry into the Wollongong property market, this modern one-bedroom apartment is situated in the highly desirable CBD. Enjoy immediate access to a vibrant array of restaurants, cafes, bars, beaches, public transport links, and shopping centres. Currently tenanted at $560 per week on a secure 12-month lease, and known as the "Theatre Suite" for its balcony view of the Illawarra Performance Art Centre (IPAC), this property offers immediate returns. The apartment boasts a well-proportioned bedroom with mirrored built-in wardrobes, a contemporary kitchen featuring 40 mm stone benchtops, gas cooking, and stainless-steel appliances, and an open-plan living and dining area with reverse cycle air conditioning and security intercom. Further features include a modern bathroom with floor-to-ceiling tiling, a practical study area, internal laundry, a covered balcony, and a valuable single secure parking space. Investment Highlights: • Generous one-bedroom with carpet, mirrored built-in robe, air conditioning, and balcony access • Modern kitchen with dishwasher and gas cooking • Open-plan living and dining area with reverse cycle air conditioning • Bathroom with shower over bath and floor-to-ceiling tiles • Covered balcony and internal laundry • Secure parking space included • Access to a communal pool, enhancing tenant appeal • Currently generating $560 per week rental income (12-month lease in place) Outgoings (approximate per quarter): • Council Rates: $368 • Water Rates: $173 • Strata Rates: $1,896.13 (includes Admin & Capital Works Fund) Disclaimer: Whilst every effort has been made to ensure the accuracy and thoroughness of the information provided to you, we cannot guarantee the accuracy of the information provided by our vendors, and as such, First National Wollongong makes no statement, representation or warranty, and assumes no legal liability in relation to the accuracy of the information provided. Interested parties should conduct their own due diligence in relation to each property they are considering purchasing. All photographs, maps and images are representative only, for marketing purposes.

Features

1 bedroom
1 bathroom
1 carspace
1 open car space
Apartment

Estimated Value

Based on this property and similar 1 bedroom apartments sold in Wollongong over the last 12 months, the estimated median property value of 504/53 Crown St is $575k.

Median value
$575k
Estimated value range
$310k - $2.02m
Median days on market
28
Estimated value trend
1%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Wollongong. 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 504/53 Crown St

2025
Sold
$495,000
12 Aug 2025 by Dhruv Chaudhary, of First National Wollongong
2025
Rented
Undisclosed
Leased on 23 Feb 2025 by A-List Property Group
2022
Rented
Undisclosed
Leased on 13 Jul 2022 by A-List Property Group

Happy sellers in Wollongong

84%
84% of sellers in Wollongong reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 46 reviews in Wollongong over the last 12 months.

Local market activity for 1 bedroom apartments in Wollongong

In the last 12 months, 51 one-bedroom apartments similar to 504/53 Crown St, have been sold.

This represents a 17% increase in one-bedroom apartments sales when compared to the previous 12 months.

Nearby agents

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

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Tim Bartlett

Tim Bartlett is an award winning recommended agent for Wollongong.  They have 7 local sales and collected 10 local reviews across the last 12 months.

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Daniel Kostovski

Daniel Kostovski is a recommended agent for Wollongong.  They have 6 local sales and collected 7 local reviews across the last 12 months.

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Neil Webster

Neil Webster is a recommended agent for Wollongong.  They have 10 local sales and collected 6 local reviews across the last 12 months.

  •   4.9   (194 reviews)
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Sarah Ward

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

  •   5   (426 reviews)
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