OFF MARKET

179 Old Southern Road
South Nowra NSW 2541

Bedrooms: 5
Bathrooms: 1
Car spaces: 4
Floor area: 183m2
Land area: 4257m2
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Property Details for 179 Old Southern Rd, South Nowra

179 Old Southern Rd, South Nowra is a 5 bedroom, 1 bathroom House with 4 parking spaces and was built in 1970. The property has a land size of 4257m2 and floor size of 183m2. While the property is not currently for sale or for rent, it was last sold in February 2021.

Building Type
House
Year Built
1970
Floor Size
183m2
Land Size
4257m2
Local Government
Shoalhaven
Lot/Plan
41/DP26782

Last Listing description (April 2021)

Zoned R1 with serious development opportunities, this quality property includes a large family home that would offer an excellent rental return as you prepare to develop. The home is located across from the Anglican Christian School and within close proximity to the new Worrigee Shopping Centre and Medical Centre. Full concept plans for 18 townhouses have been prepared and are available to prospective purchasers. The South Nowra area has become one of the Shoalhaven's most desirable suburbs. Close proximity to Nowra CBD, the stunning beaches along the coast and ease of access to Worrigee shopping and medical centres.

* Level block
* Zoned R1 - suitable for development

* Concept plans for 18 townhouses
* Excellent rental return during planning phase
* Five bedroom home plus large shed
* Desirable location
* Development sites with this potential are rare

Disclaimer: Berry Real Estate & Properties PTY LTD, trading as One Agency Elite Property Group, it's directors, agents, employees, officers and those otherwise associated with maintaining the information contained herein is provided by third parties.

The information contained on each individual property has been gathered from the vendor or landlord of the property. We cannot verify or guarantee its accuracy either way. Prospective purchasers or tenants must rely on their own inquiries and should verify the accuracy of information before proceeding with a purchase or lease.

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Property History for 179 Old Southern Rd, South Nowra, NSW 2541

A timeline of how this property has performed in the market
Last Sold
$965,000
19 Feb 2021
Listed for Rent
$497/w
01 Jul 2020
  • 19 Feb 2021
    Sold for $965,000
  • 27 May 2020
    Listed for Rent $540 / week
  • 06 Jun 2019
    Listed for Sale $1,250,000
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About South Nowra 2541

The size of South Nowra is approximately 8.9 square kilometres. It has 7 parks covering nearly 29.6% of total area. The population of South Nowra in 2011 was 1,019 people. By 2016 the population was 1,911 showing a population growth of 87.5% in the area during that time. The predominant age group in South Nowra is 0-9 years. Households in South Nowra are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in South Nowra work in a trades occupation. In 2011, 65.4% of the homes in South Nowra were owner-occupied compared with 68.5% in 2016.

South Nowra has 2,054 properties. Over the last 5 years, Houses in South Nowra have seen a 64.36% increase in median value, while Units have seen a 43.09% increase. As at 31 August 2024:

  • The median value for Houses in South Nowra is $811,830 while the median value for Units is $547,677.
  • Houses have a median rent of $593 while Units have a median rent of $550.
There are currently 13 properties listed for sale, and 4 properties listed for rent in South nowra on OnTheHouse. According to CoreLogic's data, 111 properties were sold in the past 12 months in South nowra.

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