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Overview
Positioned in a peaceful and evolving neighborhood, this property offers a rare chance for development on a substantial, flat land of 911 square meters, boasting over 21 meters of frontage. Its north-facing orientation and R2 zoning add value, allowing for versatile residential use including the potential for multiple dwellings, subject to council approval.
The existing residence provides a functional layout with two generously sized bedrooms and a combined kitchen and dining space that complements comfortable living. The semi-detached garage includes an adjoining laundry and bathroom area, enhancing utility and practicality. This configuration presents opportunities for various buyers, whether entering the market for the first time, downsizing, expanding, or rebuilding.
For developers and astute investors, the property’s ample space and allowable dual occupancies or multi-dwelling possibilities unlock significant potential. Moreover, the block’s size and zoning make it feasible to add a granny flat while retaining sufficient outdoor space.
Located in a high growth area, this site offers both immediate livability and promising future value, making it well suited to families seeking room to grow, investors targeting development projects, or those looking to capitalize on a flexible residential zoning environment.
Local Market Insights
In Warrawong, Quiet Listings observed 6 new houses entering the market over the last 30 days, down from 7 during the previous 30-day period, with an average advertised asking price of $1,016,667. The property type mix of listed properties is predominantly Houses at 67%, followed by duplexes (17%), and townhouses (8%). The most active agency for houses in the Warrawong area is currently Ray White, representing 33% of new listings, followed by Raine & Horne with 17%. 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 |
|---|---|
| $$950,000 | |
| $950,000 |
Location
Market Insights for Warrawong NSW 2502
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