FOR SALE
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4 Bourke Street
Fairy Meadow NSW 2519

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Land area: 1017m2
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DA APRROVED DEVELOPMENT FOR 30 SELF-CONTAINED STUDIOS ON 1017 SQM BLOCK

A rare opportunity awaits with this DA approved development site for a boarding house, located in the heart of highly sought-after Fairy Meadow. Positioned just a short walk to buses, Fairy Meadow Station, Puckey's Beach, and local parklands, this site offers both convenience and prime accessibility.
Situated near key amenities, including the Wollongong Innovation Campus, Fairy Meadow railway station, beach, and the Fairy Meadow CBD, which features Woolworths, Coles, and fashion outlets, this property boasts:
- A generous 1017m² block with a 25.9m frontage, zoned R3
- DA approval for a boarding house consisting of 30 self-contained studio apartments, some featuring balconies
- Estimated rental income upon completion of $690,000 per annum (approved plans available on request)
- Existing 3-bedroom home on-site with a tenant under lease until March 2025
- Close proximity to the University of Wollongong Innovation Campus
- Convenient access to Wollongong's central lifestyle attractions
This is a fantastic investment opportunity in a thriving location with high potential for strong rental returns.
"Ray White Parramatta Group - Parramatta | Oatlands | Northmead | Greystanes, its directors, employees and related entities believe that the information contained herein is gathered from sources we deem to be reliable. However, no representation or warranties of any nature whatsoever are given, intended or implied. Any interested parties should rely on their own inquiries."

Property Details for 4 Bourke St, Fairy Meadow

4 Bourke St, Fairy Meadow is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 1017m2. The place is currently for sale with Ray White Parramatta.

Building Type
House
Land Size
1017m2

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About Fairy Meadow 2519

The size of Fairy Meadow is approximately 3.5 square kilometres. It has 22 parks covering nearly 21.2% of total area. The population of Fairy Meadow in 2011 was 6,586 people. By 2016 the population was 7,404 showing a population growth of 12.4% in the area during that time. The predominant age group in Fairy Meadow is 20-29 years. Households in Fairy Meadow are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Fairy Meadow work in a professional occupation. In 2011, 57.2% of the homes in Fairy Meadow were owner-occupied compared with 55.7% in 2016.

Fairy Meadow has 4,023 properties. Over the last 5 years, Houses in Fairy Meadow have seen a 53.73% increase in median value, while Units have seen a 41.42% increase. As at 30 November 2024:

  • The median value for Houses in Fairy Meadow is $1,164,792 while the median value for Units is $712,720.
  • Houses have a median rent of $680 while Units have a median rent of $525.
There are currently 18 properties listed for sale, and 16 properties listed for rent in Fairy meadow on OnTheHouse. According to CoreLogic's data, 138 properties were sold in the past 12 months in Fairy meadow.

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Lee (Xuelin) Xiao
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Isaac Iranzadi
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Ray White Parramatta
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