FOR SALE
$625,000

155 Wallace Street
Nowra NSW 2541

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 0.0927ha
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Shovel Ready

Ready to start immediately, a vacant lot of 927 sqm with wide street frontage and approved plans for 2 homes and 2 attached granny flats awaits a developer to step forward.
No need to wait for council approvals, no need to wait for architects to design and draw, simply organise your builder and start construction
The property is being sold with
*Approved Development Plans
*Construction Certificate
*Pre paid Private Certifier
*Pre paid Traffic Management
*Structural Engineers documents
*Additional Connection fees for Shoalhaven water
*Water Development fees
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Property Details for 155 Wallace St, Nowra

Building Type
Land
Land Size
0.0927ha

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About Nowra 2541

The size of Nowra is approximately 9 square kilometres. It has 33 parks covering nearly 18.7% of total area. The population of Nowra in 2011 was 9,256 people. By 2016 the population was 9,177 showing a population decline of 0.9% in the area during that time. The predominant age group in Nowra is 50-59 years. Households in Nowra are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Nowra work in a community and personal service occupation. In 2011, 52.3% of the homes in Nowra were owner-occupied compared with 49.9% in 2016.

Nowra has 6,211 properties. Over the last 5 years, Houses in Nowra have seen a 48.26% increase in median value, while Units have seen a 55.60% increase. As at 31 August 2024:

  • The median value for Houses in Nowra is $601,611 while the median value for Units is $460,827.
  • Houses have a median rent of $510 while Units have a median rent of $400.
There are currently 24 properties listed for sale, and 14 properties listed for rent in Nowra on OnTheHouse. According to CoreLogic's data, 235 properties were sold in the past 12 months in Nowra.

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Patrick Tynan
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LJ Hooker Nowra
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