11 View StreetNowra NSW 2541
Property Details for 11 View St, Nowra
11 View St, Nowra is a 4 bedroom, 2 bathroom House and was built in 1960. The property has a land size of 585m2 and floor size of 110m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 4 bedroom House sold in Nowra in the last 12 months.
Last Listing description (April 2024)
Ben Roberts from Integrity Real Estate is pleased to offer this solid duplex consisting of 2 separate 2 bedroom units with a single bathroom each while also being positioned on the western side of the highway close to Nowra's CBD and all town services.
Features include -
- 2 x 2 bedroom duplex's in Nowra's CBD
- both residences have tenants in leases
- that also want to stay on longer if possible
- zoned R3, medium density residential
- good sized bedrooms, high ceilings
- new colorbond roof recently added
- central location, close to all services
So if you are looking for a solid investment opportunity to add to your portfolio with the potential for future development then 11 View Street, Nowra could be just the place you have been looking for with dual rental returns currently totalling $660/week yet could be higher due to the current demand in the area with vacancy rates still sitting around the 1% mark.
There is also the potential to buy 13 View Street the adjoining duplex next door which is a near identical layout.
The owners are open to all genuine offers.
Property History for 11 View St, Nowra, NSW 2541
- 01 Mar 2024Sold for $625,000
- 08 Feb 2024Listed for Sale $625,000
- 18 Feb 2016Sold for $370,000
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0About 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 6,213 properties. Over the last 5 years, Houses in Nowra have seen a 51.49% increase in median value, while Units have seen a 34.94% increase. As at 31 July 2024:
- The median value for Houses in Nowra is $617,088 while the median value for Units is $427,262.
- Houses have a median rent of $510 while Units have a median rent of $390.
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