155B Wallace Street, Nowra, NSW 2541 | House for sale | OnTheHouse
 
FOR SALE
$1,300,000

155b Wallace Street
Nowra NSW 2541

Bedrooms: 5
Bathrooms: 3
Car spaces: 2
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Proposed Dual Occupancy Opportunity - Live in One, Rent the Other

A rare opportunity to secure a proposed dual occupancy property designed to provide flexibility, space and excellent income potential. Combining quality finishes, thoughtful design and versatile living options, this property is ideally suited to a range of buyers seeking a home, investment or a combination of both.
Ideally Suitable For:
- Owner occupiers seeking a spacious and flexible property
- Investors looking to take advantage of a new residence and potential negative gearing benefits
- Superannuation funds seeking a new residential investment opportunity
- Large or split families wanting space and flexibility while remaining close
- Owner occupiers + income with the opportunity to live in one residence while generating rental income from the other
Property Features:
- Proposed three bedroom, two-storey residence with generous living spaces
- Additional two-bedroom accommodation providing excellent flexibility
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Property Details for 155b Wallace St, Nowra

155b Wallace St, Nowra is a 5 bedroom, 3 bathroom House with 2 parking spaces. The place is currently for sale with LJ Hooker Wollongong.

Building Type
House
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About Nowra 2541

The size of Nowra is approximately 9.0 square kilometres. There are 33 parks, covering nearly 18.7% of the total area. The population of Nowra in 2016 was 9193 people. By 2021 the population was 9956 showing a population growth of 8.3% in the area during that time. The predominant age group in Nowra is 20-29 years. Households in Nowra are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Nowra work in a community and personal service occupation.In 2021, 50.10% of the homes in Nowra were owner-occupied compared with 49.90% in 2016.

Nowra has 6,259 properties. Over the last 5 years, Houses in Nowra have seen a 12.98% increase in median value, while Units have seen a 26.91% increase. As at 30 September 2026:

  • The median value for Houses in Nowra is $655,592 while the median value for Units is $466,591.
  • Houses have a median rent of $560 while Units have a median rent of $430.
There are currently 34 properties listed for sale, and 20 properties listed for rent in Nowra on OnTheHouse. According to Cotality's data, 225 properties were sold in the past 12 months in Nowra.

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Martin Merritt
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LJ Hooker Wollongong
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