Bulli at a glance
6,902
People
$2,160,000
Median sale
$843/wk
Median rent
2.03%
Suburb gross yield
Median sale from 27 recorded sales (last 12 months) — a Districts calculation.
NSW › Bulli › Gwyther Ave
$1,120,000
Last sold
9 Aug 2025
3
Bedrooms
2
Bathrooms
0
Car spaces
630.7 m²
Land
Districts View
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$1,120,000
9 Aug 2025 · derived via latest_sale
Local land rate: recorded House sales in Bulli (last 5 years) with land size have a median of $2,975/m² of land (n=89). Districts calculation from recorded sales — not a valuation.
Bulli at a glance
6,902
People
$2,160,000
Median sale
$843/wk
Median rent
2.03%
Suburb gross yield
Median sale from 27 recorded sales (last 12 months) — a Districts calculation.
Vs Bulli
-48.1%
Median sale
Suburb $2,160,000
+1.88 pp
Gross yield
Suburb 2.03%
Suburb median $2,160,000 from 27 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
Wollongong Local Environmental Plan 2009
Zone
Low Density Residential
R2
Jurisdiction
Wollongong
Wollongong, NSW
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
The official layer maps a heritage listed area touching the boundary of this parcel — at the edge, not across it (NSW ePlanning Spatial Viewer, retrieved 31 Aug 2026). Verify the mapped extent against the title before relying on it either way — this is not an all-clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
NSWZoned Low Density Residential · R2 (Wollongong Local Environmental Plan 2009). Official parcel area about 631 m². Dual occupancy is a permitted housing type in this NSW zone under statewide settings, subject to DCP and site constraints. That is not confirmation this lot qualifies. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. If the dual occupancy pathway survives a planner’s check, this lot can outperform a same-suburb house that is hold-as-is only. That is not a forecast. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Minimum lot size is not loaded, so two-lot subdivision is not confirmed. NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.
Rental
No advertised rent is recorded. Suburb median rent $843/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms. No recorded off-street parking — often a discount versus the suburb median for the same beds.
Current comparable rental listings within 400 m of this lot are not loaded. NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. NSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.
Verdict
Districts view
This looks more compelling as a land / capital-growth play than a pure yield play — if the dual occupancy pathway survives a planner’s check.
Detail
Zoned Low Density Residential · R2 (Wollongong Local Environmental Plan 2009). Official parcel area about 631 m². Dual occupancy is a permitted housing type in this NSW zone under statewide settings, subject to DCP and site constraints. That is not confirmation this lot qualifies. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.
Achieved rent for this address has not been inferred. Gross yield on advertising copy is not the deal.
Nearby DA pipeline is unknown, so neighbourhood change is not in this verdict.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
3 of 10 questions answered so far
Development optionality of this lot
KnownmediumZoned Low Density Residential · R2 (Wollongong Local Environmental Plan 2009). Official parcel area about 631 m². Dual occupancy is a permitted housing type in this NSW zone under statewide settings, subject to DCP and site constraints. That is not confirmation this lot qualifies. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.
Nearby development pipeline
UnknownNSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
KnownmediumOfficial parcel about 631 m² — land size can look like optionality. No material overlays were returned that would explain a discount. That is not proof the price is fair. Nearby DAs, easements, and flood-layer gaps can still explain a cheap-looking listing — those are not all loaded.
Lot-level flood
UnknownFlood overlay has not been queried for this lot. Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownNo DA adapter returned applications for this parcel.
Statutory land value versus ask
UnknownNSW Valuer General land values are not loaded for this property yet.
Net yield / holding costs
UnknownNSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.
Area
Bulli at a glance
6,902
People
$2,160,000
Median sale
$843/wk
Median rent
2.03%
Suburb gross yield
Median sale from 27 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by MMJ Real Estate NorthSet on a generous 630.7sqm parcel in one of the Illawarra's most sought-after suburbs, this property offers an exceptional opportunity to create your dream home in a truly premium location.
While the existing three-bedroom, two-bathroom home has seen better days, it offers a starting point for those with vision – or a clear canvas for those ready to rebuild. Whether you're planning a forever home or a fresh new design, opportunities like this are few and far between.
Just one street away, you'll find Bulli's buzzing village hub, where locals gather over coffee at popular cafés, grab fresh produce, or enjoy a relaxed weekend brunch. And not far from home lies stunning Bulli Beach - a stretch of coastline locals cherish for its surf, ocean pool, walking track and unbeatable sunrises.
This location combines coastal living with everyday convenience, with schools, parks, public transport and Memorial Drive all within easy reach. The block also features an inground pool and offers ample space to bring your dream home to life.
Whether you're ready to renovate from the ground up or start completely anew, this address promises potential in one of the Northern Illawarra's most tightly held and loved communities.
The Important Numbers:
Council Rates - $642.50 per annum
Water Rates - $171 per quarter
Agent: Sam Vescio LREA 1300806
*This advertising has been prepared by MMJ Real Estate (MMJ) for the purpose of advertising and general information only. MMJ do not guarantee, represent, or warrant that the information contained in this advertising is correct. Any interested party should undertake their own inquiries as to the accuracy of the information published.
Listing description written by Nelson Bowler, MMJ Real Estate North — reproduced as published, not verified by Districts.
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