127 Wallace Street, Nowra, NSW 2541 | Property Value & History | OnTheHouse
OFF MARKET

127 Wallace Street
Nowra NSW 2541

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 73m2
Land area: 1867m2
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Property Details for 127 Wallace St, Nowra

127 Wallace St, Nowra is a 2 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 1867m2 and floor size of 73m2. While the property is not currently for sale or for rent, it was last sold in October 2024.

Building Type
House
Floor Size
73m2
Land Size
1867m2
Local Government
Shoalhaven
Lot/Plan
5/DP264519

Last Listing description (December 2024)

Presenting a prime investment opportunity at 127 Wallace Street, this property features six well-maintained units. Each unit offers 2 bedrooms, 1 bathroom, a single-car garage, and an open-plan living and dining area with a fully equipped kitchen.

The property is ideally situated near a local shopping center, providing tenants with convenient access to a Friendly Grocer, Mobil petrol station, Bakehouse Delights, and a pharmacy, all just a short walk away.

Key Highlights:

- Durable solid brick construction with minimal maintenance needs
- Fully leased with diverse lease agreements
- Variety of floorplans
- Units are in excellent condition with no known issues
- Close proximity to public transport
- Professionally managed by Integrity Real Estate
- Impressive annual income of $93,600
- Opportunity to upgrade units for even greater returns

This remarkable investment blends a well-maintained property portfolio with the potential for notable returns. Whether you're an established investor seeking to expand your assets or in search of a distinctive investment, this property is a compelling option.

Open houses starting on the 14th of September from 11am-11:45am every weekend.

Going to Auction on the 10th of October at the Exservo's in Nowra you do not want to miss out, enquire today!

Property History for 127 Wallace St, Nowra, NSW 2541

A timeline of how this property has performed in the market
Last Sold
$1,250,000
10 Oct 2024
Listed for Rent
$190/w
28 Oct 2011
  • 10 Oct 2024
    Sold for $1,250,000
  • 04 Sep 2024
    Listed for Sale $1,250,000
  • 03 Dec 2023
    Sold
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About Nowra 2541

The size of Nowra is approximately 9.0 square kilometres. It has 33 parks covering nearly 18.7% of 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 $1800 - $2399 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 6,222 properties. Over the last 5 years, Houses in Nowra have seen a 44.78% increase in median value, while Units have seen a 29.41% increase. As at 31 January 2026:

  • The median value for Houses in Nowra is $665,196 while the median value for Units is $433,029.
  • Houses have a median rent of $530 while Units have a median rent of $430.
There are currently 22 properties listed for sale, and 16 properties listed for rent in Nowra on OnTheHouse. According to Cotality's data, 250 properties were sold in the past 12 months in Nowra.

Suburb Insights for Nowra 2541

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.