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12 Barry Street, Cringila NSW 2502

26th October At 5:30pm

Search Band Search Visibility Band

$600k - $650k Medium Confidence Calculated based on our search observations.

House 2 Beds 2 Baths 1 Car

Listed: 4 days ago

Overview

This Cringila residence presents a unique entry point into the property market for first-home buyers who embrace the prospect of renovation and value creation. The two-bedroom, two-bathroom home, accompanied by a single carport, requires some tender loving care, allowing an owner to build equity through personalized improvements rather than paying a premium for completed works.

Strategically located within an area poised for development under the Port Kembla Master Plan, this property offers long-term investment potential aligned with the regional economic growth of southern Wollongong. While the home might not represent a turnkey solution, its position ensures it provides a solid foundation for a future move up the property ladder.

The layout and features provide practical accommodation for those starting out or seeking a manageable renovation project. The carport enhances convenience, while the property's adjacency to various government and private schools adds appeal for families planning their future.

Overall, this home suits buyers looking to invest effort into a property with good location fundamentals and scope for value enhancement, making it a suitable consideration for first-time buyers and investors willing to engage in refurbishment.

Local Market Insights

In Cringila, Quiet Listings observed 15 new houses entering the market over the last 30 days, up from 6 during the previous 30-day period, with an average advertised asking price of $982,533. The property type mix of listed properties is predominantly Houses at 95%, followed by townhouses (5%). The most active agency for houses in the Cringila area is currently Ray White, representing 33% of new listings, followed by One Agency with 13%. 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.