This Wollongong-area portfolio comprises approximately 234 properties, including 218 residential and 16 commercial managements in Fairy Meadow, Wollongong, Balgownie and nearby suburbs. Annual management income is stated separately as $307,529.87 for residential properties and $33,942.86 for commercial properties; the rent roll has operated since 2013 and is described as fully staffed.
Written by us from the broker's listing. Read the full listing on Real Estate Dynamics' site.
Key facts
Portfolio
Property type
Residential
Properties
Approx. 234
Property mix
218 residential, 16 commercial
Average weekly rent
Not disclosed
Location
Illawarra, NSW
Suburbs mentioned
Fairy Meadow, Wollongong, Balgownie
Income
Annual management income
Not disclosed
Other fee income
$43,418
Total income
Not disclosed
AAMI (per property)
Not disclosed
Average management fee
Not disclosed
Price
Price type
Not disclosed
Price
Not disclosed
Multiple
3.3×
Commercial multiple
2.5×
GST basis
Not stated
Sale details
Status
Sold
Staff
Fully staffed
Office
Not disclosed
Software
Not disclosed
Reason for sale
Not disclosed
Listed
Not disclosed
Sold
Already sold when we first saw it
Broker reference
925277
Price and status history
First seen as sold15 Oct 2026
Information summarised from Real Estate Dynamics' listing (ref 925277). Last checked today. Always confirm details with the broker.