SOLD
Sold on 12 Sep 2024 for $885,000

8 Cavanagh Lane
West Nowra NSW 2541

Bedrooms: 5
Bathrooms: 3
Car spaces: 2
Land area: 662m2
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Property Details for 8 Cavanagh Lane, West Nowra

8 Cavanagh Lane, West Nowra is a 5 bedroom, 3 bathroom House with 2 parking spaces. The property has a land size of 662m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 5 bedroom House sold in West Nowra in the last 12 months.

Building Type
House
Land Size
662m2
Local Government
Shoalhaven
Lot/Plan
9/DP1177439

Last Listing description (November 2024)

Discover this family-sized duplex in a sought-after central location, just minutes from schools, Nowra CBD, and the Wollongong University Shoalhaven Campus. Set on a generous 662sqm block, this Torrens titled property offers ample space and exceptional return with a current appraised rent of $980 per week!

Key Features:

8 Cavanagh:

3 spacious bedrooms with built-in robes
2 modern bathrooms
Single motorized garage
Reverse cycle air conditioning
Large, fully fenced backyard-perfect for family activities
Just out of lease at $500 per week, with a current rental appraisal of $540 per week

8a Cavanagh:
2 comfortable bedrooms with a built-in robe in the main bedroom
1 stylish bathroom
Single motorized garage
Reverse cycle air conditioning
Low-maintenance, fully fenced yard
Just out of lease at $400 per week, with a current rental appraisal of $440 per week

Both units feature covered entertaining areas, open-plan living spaces, and contemporary finishes throughout. Each side are occupied by great tenants keen to stay on, providing a secure, immediate return of $900 per week, with potential market rent at $980 per week.

Why Invest?
Strong rental income with potential for growth
Attractive location close to essential amenities
Modern features and low maintenance

Don't miss out on this outstanding investment opportunity to expand your portfolio.

For more details or to schedule a viewing, contact Josh Adams today at 0435 739 560!

Property History for 8 Cavanagh Lane, West Nowra, NSW 2541

A timeline of how this property has performed in the market
Last Sold
$885,000
12 Sep 2024
Listed for Rent
$480/w
04 Nov 2021
  • 12 Sep 2024
    Sold for $885,000
  • 22 Aug 2024
    Listed for Sale $890,000
  • 06 Jul 2020
    Listed for Rent $390 / week
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About West Nowra 2541

The size of West Nowra is approximately 3.6 square kilometres. It has 7 parks covering nearly 6.1% of total area. The population of West Nowra in 2011 was 1,107 people. By 2016 the population was 1,409 showing a population growth of 27.3% in the area during that time. The predominant age group in West Nowra is 20-29 years. Households in West Nowra are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in West Nowra work in a trades occupation. In 2011, 74.6% of the homes in West Nowra were owner-occupied compared with 57.2% in 2016.

West Nowra has 752 properties. Over the last 5 years, Houses in West Nowra have seen a 49.70% increase in median value. As at 30 November 2024:

  • The median value for Houses in West Nowra is $642,455 while the median value for Units is $620,838.
  • Houses have a median rent of $550 while Units have a median rent of $550.
There are currently 2 properties listed for sale, and 4 properties listed for rent in West nowra on OnTheHouse. According to CoreLogic's data, 38 properties were sold in the past 12 months in West nowra.

Suburb Insights for West Nowra 2541

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.