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7/23 First Avenue South, Warrawong NSW 2502

$510,000 - $550,000

Search Band Search Visibility Band

$510k - $536k Transparent Transparent Listing Based on an openly advertised listing price.

Unit 2 Beds 1 Bath 1 Car

Listed: 13 hours ago

Overview

Situated in a convenient location near the amenities of Warrawong, this well-maintained unit offers a streamlined and low-maintenance lifestyle suitable for a variety of buyers including first home buyers, downsizers, and investors. Set within a cared-for complex, the property boasts comfortable and practical interiors designed for day-to-day ease.

The layout includes two generously sized bedrooms and a central bathroom, alongside a welcoming living and dining area that creates an inviting space to relax. The inclusion of a dedicated car space further increases the practicality of the home, supporting modern convenience.

Its location provides excellent access to local shops, schools, public transport and major amenities, offering residents a balanced and connected lifestyle without the upkeep often associated with larger homes. Affordable and appealing, this unit stands as a noteworthy option for those aiming to enter the property market or grow their investment portfolio with a manageable, yet comfortable asset.

Two well-proportioned bedrooms providing comfortable sleeping quarters
Spacious living and dining area ideal for everyday relaxation
Central bathroom servicing the home efficiently
Dedicated car space offering practical parking solutions
Low-maintenance living suited for easy upkeep and lifestyle flexibility
Close to essential amenities including shops, schools, and transport links
Strata fees approximately $650 per quarter and council rates about $400 per quarter, supporting manageable ongoing costs
Rental estimate between $530 and $550 per week reflecting solid investment potential

This property particularly suits those seeking a practical and convenient home in a well-supported community environment, with strong prospects for comfortable and efficient living or steady investment returns.

Local Market Insights

In Illawarra, Quiet Listings observed 23 new units entering the market over the last 30 days, up from 15 during the previous 30-day period, with an average advertised asking price of $673,174. The property type mix of listed properties is predominantly Houses at 64%, followed by apartments (10%), and townhouses (8%). The most active agency for units in the Illawarra area is currently Ray White, representing 35% of new listings, followed by McNeice X 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.