155 Wallace St, Nowra is a 5 bedroom, 3 bathroom House with 2 parking spaces. The property has a land size of 927m2 and floor size of 73m2. While the property is not currently for sale or for rent, it was last sold in August 2025.
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
- Multiple living and entertaining areas across the proposed design
- Well-appointed kitchens with open plan living and dining
- Master bedroom with ensuite and built-in robe
- Additional bedrooms with built-in robes
- Outdoor entertaining with a private deck
- Double garage with convenient internal access
- Separate access providing privacy and flexibility between the residences
- Quality construction and contemporary finishes throughout
- Low-maintenance design ideal for both owner occupiers and investors
Whether you're looking to secure your next home, accommodate a larger or split family, generate an additional income stream or add a new residential asset to your investment portfolio, this proposed dual occupancy opportunity offers the flexibility to suit a variety of needs.
Contact Martin Merritt today for further details 0412 424 226.
* Images and artist impressions are for illustrative purposes only. Proposed plans, finishes, inclusions and specifications are subject to change and may differ from those shown.
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 6,232 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:
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