Brochure - Prowealth

Osprey
16-20 Keira Street, North Wollongong NSW
Property Overview
Total Apartments 64
Pulse Property
Rating System
4.2
Apartments Pulse is Recommending 32
Price Range $435,000 - $470,000
$525,000 - $625,000
Size Range (internal approx.) 90 – 92m²
115 – 122m²
Outgoings (per annum approx.) Council Rates: $1,000
Body Corporate Levies: $1,800 - $2,800
Market Yield (approx.) 4.58 – 5.45%
Incentives
Stamp duty rebate
5% rent guarantee for 2 years
Completion Date March – June 2011
Pulse Property is an organisation that
supports investors from around the
world in making intelligent property
investment decisions.
We have developed a proven
research methodology that allows us
to consistently pick the highest
performing markets while minimising
risk. We primarily analyse what we
consider to be the six keys that drive
movements in property prices. These
include: population movements,
economic and employment growth,
infrastructure, supply and demand,
the rental market and demographics.
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Location
WITHIN CLOSE PROXIMITY
Smith’s Hill High School
Keira technology High School
Para Meadows Public School
Elonera Montessori School
University of Wollongong
Wollongong Central
Crown St Mall
Piccadilly Station Shopping Centre
North Wollongong Station
Stuart Park
North Beach
Beaton Park Leisure Centre
Wollongong Hospital
200m
2.3km
1km
2.5km
2km
1km
1km
1.2km
300m
800m
500m
200m
1.2km
City Snapshot
Wollongong is the largest city in the
Illawarra region and is located
approximately 80km south of
Sydney. The urban growth boundary
is naturally limited as it is set on a
narrow coastal plain bordered by
the Illawarra escarpment to the
west and the Pacific Ocean to the
east.
Wollongong is the third largest city
in New South Wales and the ninth
largest city in Australia. Built on the
back of the mining industry, the
Wollongong economy has grown to
become diverse and sophisticated.
It is undoubtedly the industrial and
commercial centre of the Illawarra
region and the economy of
Wollongong remains stable, despite
the current global uncertainties.
Wollongong also has a strong
tertiary education presence with the
University of Wollongong located at
the foothills of Mount Keira.
It has a student base of over 20,000,
which amounts to a significant
addition to the potential tenant
pool in Wollongong.
There are five department stores,
more than 60 super markets and
grocery stores and 1,400 retail
outlets in the area.
The area is well serviced by public
transport being serviced by the
South Coast railway line. Passenger
rail services connect Wollongong to
Nowra and Kiama in the south and
Sydney in the north. Wollongong
railway station also serves as the
hub for the bus network.
Wollongong is also serviced by
Wollongong airport for its air travel
needs.
Built on the back of
the mining industry,
the Wollongong
economy has grown to
become diverse and
sophisticated
Compiled by
Gavin Chau, Head of Research
& Nicola Chapman,
Sales Administration Manager
July 2009
Disclaimer: Though we have made ever effort to confirm the details contained herein and put this information
forward in good faith, Pulse Property does not give any warranty or make any representation as to the
accuracy, reliability or completeness of the information contained in this document, and as to the changes
and circumstances after the date of the publication that may impact of the accuracy of this information.
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