34 First Avenue N, Warrawong, NSW 2502 | House for sale | OnTheHouse
 
FOR SALE
Price Guide $895,000

34 First Avenue N
Warrawong NSW 2502

Bedrooms: 4
Bathrooms: 3
Car spaces: 3
Land area: 474m2
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Elevated Dual-Income Opportunity Returning $1,045 Per Week

Perched in an elevated position capturing pleasant district views, this solid brick residence presents an outstanding opportunity for investors, owner-occupiers, or those seeking additional income.
Offering a flexible floor plan, the home features two generously sized bedrooms, including a master with a built-in wardrobe, a neat and functional kitchen, and a spacious meals and dining area. The light-filled living room can easily be converted into a third bedroom, providing versatility to suit various lifestyles.
Outside, the property continues to impress with ample parking, including a brand-new double carport and a tandem double lock-up garage. Recently installed Colorbond fencing provides privacy and a secure, low-maintenance setting.
Investment Return
• Front residence currently leased at $675 per week
• Fully renovated, self-contained rear studio returning $370 per week (including electricity)
• Combined rental income of $1,045 per week
The renovated one-bedroom studio at the rear provides an ideal second income stream, guest accommodation, or a solution for multi-generational living.
Lifestyle & Location
• Conveniently located just minutes from Warrawong Plaza, Port Kembla Beach, schools, cafes and only 10 minutes to Wollongong CBD, this property delivers the perfect combination of coastal lifestyle and city convenience.
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Property Details for 34 First Ave N, Warrawong

34 First Ave N, Warrawong is a 4 bedroom, 3 bathroom House with 3 parking spaces. The property has a land size of 474m2. The place is currently for sale with Ray White South Wollongong.

Building Type
House
Land Size
474m2
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About Warrawong 2502

The size of Warrawong is approximately 2.6 square kilometres. There are 13 parks, covering nearly 19.2% of the total area. The population of Warrawong in 2016 was 4752 people. By 2021 the population was 4659 showing a population decline of 2.0% in the area during that time. The predominant age group in Warrawong is 0-9 years. Households in Warrawong are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Warrawong work in a labourer occupation.In 2021, 48.00% of the homes in Warrawong were owner-occupied compared with 46.80% in 2016.

Warrawong has 2,440 properties. Over the last 5 years, Houses in Warrawong have seen a 34.58% increase in median value, while Units have seen a 32.79% increase. As at 31 July 2026:

  • The median value for Houses in Warrawong is $893,292 while the median value for Units is $713,869.
  • Houses have a median rent of $650 while Units have a median rent of $480.
There are currently 13 properties listed for sale, and 9 properties listed for rent in Warrawong on OnTheHouse. According to Cotality's data, 61 properties were sold in the past 12 months in Warrawong.

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Shane Szakacs
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Mathew Niksic
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Ray White South Wollongong
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