61 Wallace St, Nowra is a 4 bedroom, 3 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.
Ben Roberts from Integrity Real Estate is pleased to offer 61 Wallace Street, consisting of 3 separately leased units located within minutes of Nowra's CBD while also positioned in a cul-de-sac location. Offering a fantastic rental return of over $980 per week, you have the option to live in 1 unit and rent the other 2 out, or continue to rent out all 3 units.This investment opportunity is a must consider adding to your property portfolio.Features include-Unit 1 - features one large bedroom with built in robes, separate study/2nd bedroom, 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 $390 per week.Unit 2 features one bedrooms with wardrobe, combined kitchen (electric cooking and dishwasher), dining and lounge, all-in-one bathroom with external laundry. Fully fenced backyard and carport space. Currently rent return $300 per week.Unit 3 features one bedroom unit, combined kitchen, dining and lounge, combined bathroom (with bath) and laundry, fully fenced rear yard and carport space. Currently rented for $290 per week.This is certainly an investment opportunity to get excited about with a total rental return of $980/week and an owner that is open to all genuine offers. The complex is also situated a short stroll from Lyrebird Park playing fields and Stockland Shopping Centre.
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 6,258 properties. Over the last 5 years, Houses in Nowra have seen a 16.95% increase in median value, while Units have seen a 27.93% increase. As at 31 August 2026:
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