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Property in Nowra NSW 2541

$880,000

Search Band Search Visibility Band

$850k - $935k High Confidence Calculated based on strong search observations.

House 4 Beds 2 Baths 2 Cars 594 m² 236 m²

Listed: 20 days ago

Overview

This spacious house located in the sought-after suburb of Nowra offers a compelling opportunity for investors and families alike, blending practical amenities with thoughtful design to create a harmonious living environment. Situated on a generous 594 square meter block, the property provides ample outdoor and indoor space, including a substantial 236 square meter building footprint that balances comfort and functionality.

Currently leased through Defence Housing Australia until January 2027, it presents steady rental income with a weekly return of $650, making it an attractive investment with future owner-occupier appeal. Upon lease completion, the property will be refreshed with new carpets and freshly painted interiors, easing the transition for the next owner.

The home’s open-plan design integrates living, dining, and kitchen spaces, fostering a central hub for family gatherings and entertaining. The kitchen is well-equipped with modern appliances including a gas cooktop and electric oven, complementing the neutral tones throughout that provide a versatile canvas to suit personal decor preferences.

Four bedrooms offer versatile accommodation, ideal for families or those seeking home office flexibility. The master features a walk-in robe and ensuite, enhancing privacy and convenience, while the remaining bedrooms include built-in robes. Comfort is enhanced year-round with ducted air conditioning throughout the home.

Outdoor living is well catered for with a covered alfresco area perfect for dining and relaxation, alongside a double drive-through garage with rear yard access, offering practicality and additional storage.

The property's location adds to its appeal, positioned approximately 1.2 kilometers from local shopping and medical facilities and within easy reach of a choice of schools and childcare services. Nowra’s central business district is only around 5 kilometers away, ensuring access to extensive amenities, shopping, and dining.

This property aligns well with investors seeking established rental returns and future lifestyle flexibility or families desiring a comfortable, well-located home with growth potential.

Local Market Insights

In Nowra, Quiet Listings observed 36 new houses entering the market over the last 30 days, down from 43 during the previous 30-day period, with an average advertised asking price of $873,361. The property type mix of listed properties is predominantly Houses at 76%, followed by units (8%), and land (4%). The most active agency for houses in the Nowra area is currently Raine & Horne, representing 28% of new listings, followed by Ray White with 22%. 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.