61 Wallace St, Nowra is a 1 bedroom, 1 bathroom House with 2 parking spaces and was built in 1960. The property has a land size of 559m2 and floor size of 101m2. While the property is not currently for sale or for rent, it was last sold in June 2021.
3 units, located within minutes of Nowra's CBD & Hidden in a cul-de-sac location. Commanding fantastic rent return of over $725 per week, Live in 1 or rent the 3 units out, this investment opportunity is truly one that must be added to your property portfolio.
This site includes three units that are listed with features below:
Unit 1 - features one large bedroom with built in robes, separate study, combined kitchen and dining with electric cooking, separate lounge room, combined bathroom and laundry with access to the rear with a fully fenced yard. Separate off street parking. Currently rented for $290 per week.
Unit 2 features one bedrooms with robe, combined kitchen (electric cooking and dishwasher), dining and lounge, all-in-one bathroom with external laundry. Fully fenced backyard and carport space. Currently vacant, potential rent return $240 per week.
Unit 3 features one bedroom with robe, combined kitchen, dining and lounge, combined bathroom (with bath) and laundry, fully fenced rear yard and carport space. Currently rented for $220 per week.
This is certainly an investment opportunity to get excited about!
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 6,259 properties. Over the last 5 years, Houses in Nowra have seen a 46.53% increase in median value, while Units have seen a 25.80% increase. As at 31 December 2025:
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