Nowra at a glance
10,393
People
$700,000
Median sale
$495/wk
Median rent
3.68%
Suburb gross yield
Median sale from 87 recorded sales (last 12 months) — a Districts calculation.
$750,000
Last sold
8 May 2026
3
Bedrooms
1
Bathrooms
1
Car spaces
613 m²
Land
112 m²
Building
Districts View
No detected risks — but see the checklist: absence of evidence is not an all-clear.
No verification items generated for this record.
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
$750,000
8 May 2026 · derived via latest_sale
Local land rate: recorded House sales in Nowra (last 5 years) with land size have a median of $988/m² of land (n=111). Districts calculation from recorded sales — not a valuation.
Nowra at a glance
10,393
People
$700,000
Median sale
$495/wk
Median rent
3.68%
Suburb gross yield
Median sale from 87 recorded sales (last 12 months) — a Districts calculation.
Vs Nowra
+7.1%
Median sale
Suburb $700,000
-0.25 pp
Gross yield
Suburb 3.68%
Suburb median $700,000 from 87 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
Shoalhaven Local Environmental Plan 2014
Zone
Low Density Residential
R2
Jurisdiction
Shoalhaven
Shoalhaven, 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 was queried and no heritage listed area was detected on this parcel (NSW ePlanning Spatial Viewer, retrieved 31 Aug 2026). Mapped layers change — this is the strongest all-clear Districts can give, not a certificate.
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 (Shoalhaven Local Environmental Plan 2014). Official parcel area about 618 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 $495/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
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 (Shoalhaven Local Environmental Plan 2014). Official parcel area about 618 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 (Shoalhaven Local Environmental Plan 2014). Official parcel area about 618 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 618 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
Nowra at a glance
10,393
People
$700,000
Median sale
$495/wk
Median rent
3.68%
Suburb gross yield
Median sale from 87 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Powered by Smile Elite NSWWelcome to 156 McKay Street, a charming and modern three-bedroom home offering a private cabana and spa area. Ideally positioned in Nowra, this property provides convenient access to local schools, shops, and the Nowra CBD, delivering an excellent opportunity for first home buyers, investors or a perfect downsizer.
Set on a 613 sqm parcel of land, the home also features valuable drive-through access to the backyard.
At the heart of the home is a beautifully renovated kitchen, complete with a modern splashback, stone benchtops, double sink, skylight, stainless appliances and ample storage. This space seamlessly connects to the undercover alfresco area, creating the perfect setting for entertaining while overlooking the backyard.
Large windows throughout the home allow for an abundance of natural light, while the combustion fireplace adds warmth and ambiance during the cooler months.
Additional features include:
- Three well-proportioned bedrooms, all with built-in wardrobes
- Modern and renovarted bathroom with skylight, floor to ceiling tiles, freestanding bath, stainless tapwear and separate toilet
- Functional kitchen with gas cooktop, oven, dishwasher, and double sink
- New downlights and day/night blinds throughout
- Timber floorboards throughout the home
- Reverse cycle air conditioning, ceiling fans and combustion fireplace
- Gas hot water system
- Solar panels
- Private cabana and spa
- New gutters and downpipes
- Undercover alfresco entertaining area
- Spacious, fully fenced yard with drive-through access and fire pit area
- Two separate garden sheds
- 613 sqm block
- Zoned R2 – Low Density Residential
This is a fantastic opportunity to secure a well-appointed home in a convenient location. Be sure to add 156 McKay Street to your inspection list and contact Sian Silk-King today to arrange your viewing.
Disclaimer: All information contained herein is obtained from property owners or third-party sources which we believe are reliable. We have no reason to doubt its accuracy, however we cannot guarantee it. All interested person/s should rely on their own enquiries.
Listing description written by Sian Silk-King, Powered by Smile Elite NSW — reproduced as published, not verified by Districts.