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Overview
This property represents one of the final remaining development opportunities in the central area of Thirroul. It comprises a prime parcel of land measuring approximately 695.6 square meters, ideally situated in the heart of the town. Zoned R3 Medium Density Residential, the site offers excellent potential for redevelopment projects such as mixed-use developments, townhouses, or boutique apartments, subject to council approval.
Currently, the property includes a four-bedroom residence that provides immediate rental income or can serve as a comfortable holding option while future development plans are formulated. The location is highly sought after, being in the centre of one of the Illawarra’s most desirable coastal villages, making this a rare and valuable opportunity for investors, developers, or land bankers.
Property Features:
- Level block of 695.6 square meters located centrally within the village
- Zoned R3 Medium Density Residential, allowing for flexible development potential (subject to council approval)
- Existing four-bedroom home currently generating holding income
- Ideal for investors, developers, or those looking to secure land banking opportunities
Location Highlights:
- Situated in the heart of Thirroul Village, close to cafes, restaurants, shops, and schools
- Approximately a two-minute walk to Thirroul train station, offering express services to Sydney and Wollongong
- Only 13 kilometers from Wollongong and 79 kilometers from Sydney
- Close proximity to beaches, coastal walking tracks, parklands, and a popular dog-friendly beach
This is a unique and rare chance to acquire a valuable site in a prime location. The property’s central position combined with its development potential makes it an exceptional opportunity in the current market.
Local Market Insights
In Thirroul, Quiet Listings observed 14 new houses entering the market over the last 30 days, down from 17 during the previous 30-day period, with an average advertised asking price of $2,195,000. The property type mix of listed properties is predominantly Houses at 68%, followed by duplexes (9%), and units (5%). The most active agency for houses in the Thirroul area is currently Ray White, representing 36% of new listings, followed by McNeice X with 29%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Change History
| Headline | When |
|---|---|
| Price Guide $2,100,000 - $2,200,000 | |
| Contact Agent For Price Guide | |
| Auction Price Guide: $2,300,000 To $2,400,000 | |
| Auction If Not Sold Prior |
Location
Thirroul NSW 2515
Market Insights for Thirroul NSW 2515
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