61 Wallace StreetNowra NSW 2541
Property Details for 61 Wallace St, Nowra
61 Wallace St, Nowra is a 1 bedroom, 1 bathroom House with 2 parking spaces and was built in 1960. The property has a land size of 559m2 and floor size of 101m2. While the property is not currently for sale or for rent, it was last sold in June 2021.
Last Listing description (June 2021)
3 units, located within minutes of Nowra's CBD & Hidden in a cul-de-sac location. Commanding fantastic rent return of over $725 per week, Live in 1 or rent the 3 units out, this investment opportunity is truly one that must be added to your property portfolio.
This site includes three units that are listed with features below:
Unit 1 - features one large bedroom with built in robes, separate study, combined kitchen and dining with electric cooking, separate lounge room, combined bathroom and laundry with access to the rear with a fully fenced yard. Separate off street parking. Currently rented for $290 per week.
Unit 2 features one bedrooms with robe, combined kitchen (electric cooking and dishwasher), dining and lounge, all-in-one bathroom with external laundry. Fully fenced backyard and carport space. Currently vacant, potential rent return $240 per week.
Unit 3 features one bedroom with robe, combined kitchen, dining and lounge, combined bathroom (with bath) and laundry, fully fenced rear yard and carport space. Currently rented for $220 per week.
This is certainly an investment opportunity to get excited about!
Property History for 61 Wallace St, Nowra, NSW 2541
- 07 Jun 2021Sold for $645,000
- 17 May 2021Listed for Sale New to Market
- 30 Jun 2020Listed for Rent - Price not available
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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 6,233 properties. Over the last 5 years, Houses in Nowra have seen a 47.64% increase in median value, while Units have seen a 38.63% increase. As at 31 October 2024:
- The median value for Houses in Nowra is $596,617 while the median value for Units is $427,113.
- Houses have a median rent of $520 while Units have a median rent of $400.
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