206/73 Flinders Street Wollongong NSW 2500

2 bed apartment in Parq on Flinders |351m² lot |Guide $790k-$825k |Est value $885k | Rental $845pw |Recent 2-beds sold $990k. This two-bedroom apartment on a 351m² lot within the Parq on Flinders complex suits couples or professionals prioritising CBD convenience and low-maintenance living. The generous lot allocation for an apartment underscores its rarity, offering more exclusive outdoor space than typical units in the building. Practical living here centres on the expansive 110m² interior plus balcony, ideal for year-round entertaining with gas point and all-weather setup. Positioned in a well-regarded development, it benefits from secure parking, air conditioning, and reliable fibre connectivity without environmental overlays complicating ownership. Buyers drawn to similar properties are often downsizers or investors eyeing Wollongong’s rental demand, where yields around $845 weekly signal steady income potential. Comparable 2-bedroom sales in the complex, like $990k for unit 504 in May 2025, show this offering aligns with upper-end pricing for its size and features. Street-level, Parq on Flinders holds firm resale values, with recent 1-beds moving at $500k-$600k, positioning this as a step up for quality-conscious purchasers. Long-term appeal stems from the central location near schools and transport, supporting hold value amid Wollongong’s ongoing urban growth. Market behaviour for these apartments indicates resilience, with low vacancy and appreciation since the 2017 last sale cycle.