Districts
SuburbsBlogSearch
Sign inGet started
Districts
SuburbsBlogSearch
Sign inGet started

NSW › Bowral › Merrigang St

171 Merrigang St, Bowral NSW 2576

House

$1,295,000

Last sold

17 July 2026

4

Bedrooms

2

Bathrooms

2

Car spaces

1,340 m²

Land

183 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $1,295,000 (17 July 2026).(Recorded sale)
  • CalculationLand 1,340 m² against a 183 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationRecorded House sales in Bowral (last 5 years) with land size: median $1,130/m² of land (n=64). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • InterpretationA large lot with a small dwelling means the value case rests on the land and what the zone allows on it, not the house.
  • FactZoned Low Density Residential (R2) under the Wingecarribee Local Environmental Plan 2010.(NSW ePlanning Spatial Viewer · 30 Aug 2026)

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

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

What this lot has actually traded at

Last sold

$1,295,000

17 July 2026 · derived via latest_sale

Local land rate: recorded House sales in Bowral (last 5 years) with land size have a median of $1,130/m² of land (n=64). Districts calculation from recorded sales — not a valuation.

Bowral at a glance

10,786

People

$1,355,000

Median sale

$808/wk

Median rent

3.10%

Suburb gross yield

Median sale from 54 recorded sales (last 12 months) — a Districts calculation.

See the full Bowral report →

Vs Bowral

-4.4%

Median sale

Suburb $1,355,000

+0.14 pp

Gross yield

Suburb 3.10%

Suburb median $1,355,000 from 54 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning scheme

Wingecarribee Local Environmental Plan 2010

Zone

Low Density Residential

R2

Jurisdiction

Wingecarribee

Wingecarribee, NSW

Planning overlays

  • heightNot detected
  • heritageNot detected

Development activity

Not detected

Source

  • Provider: NSW ePlanning Spatial Viewer
  • Dataset: Planning Portal Principal Planning — Land Zoning Map
  • Retrieved: 30 Aug 2026
  • Version: 1
  • Parcel: 101501979

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not detected — official

The official layer was queried and no heritage listed area was detected on this parcel (NSW ePlanning Spatial Viewer, retrieved 30 Aug 2026). Mapped layers change — this is the strongest all-clear Districts can give, not a certificate.

Records

Property history

  1. Sold$1,295,00017 July 2026
  2. Listedprice unknowncompleted16 June 2026
  3. Listedprice unknowncompleted16 June 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

NSW

Why this lot, not just this suburb

Why could this property outperform?

Confidence: medium

Zoned Low Density Residential · R2 (Wingecarribee Local Environmental Plan 2010). Official parcel area about 1,344 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $808/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

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

What this means for this property

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 (Wingecarribee Local Environmental Plan 2010). Official parcel area about 1,344 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.

Read more

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

What is known for this property

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.

4 of 10 questions answered so far

  • Development optionality of this lot

    Knownmedium

    Zoned Low Density Residential · R2 (Wingecarribee Local Environmental Plan 2010). Official parcel area about 1,344 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

    Unknown

    NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Knownmedium

    Official parcel about 1,344 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

    Unknown

    Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Knownmedium

    No development applications were returned for this parcel. That is not a statement about nearby lots.

  • Statutory land value versus ask

    Unknown

    NSW Valuer General land values are not loaded for this property yet.

  • Net yield / holding costs

    Unknown

    NSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.

Area

Bowral in one glance

Bowral at a glance

10,786

People

$1,355,000

Median sale

$808/wk

Median rent

3.10%

Suburb gross yield

Median sale from 54 recorded sales (last 12 months) — a Districts calculation.

See the full Bowral report →

Keep researching

  • Why Bowral? Read the area thesis →
  • What else is on the market in Bowral →
  • Other records on Merrigang St →

Listing material

Listed by Ray White Bowral

Prestigious Merrigang Street Address with Lifestyle, Potential and Captivating Elevated Views - UNDER OFFER

Positioned on the high side of one of Old Bowral's most prestigious streets, 171 Merrigang Street offers an exceptional blend of immediate comfort and remarkable future potential. This solid 1960s/70s brick residence captures a highly desirable northern aspect across the front, while framing panoramic, undulating views from the rear toward Bowral Street and East Bowral. Defined by classic 9-foot ceilings and streaming natural light, the home features a sprawling formal living and dining domain alongside a central open-plan kitchen and meals area that flows seamlessly onto an attached viewing veranda.

The highly versatile floorplan effortlessly accommodates families or a dedicated work-from-home lifestyle. Upstairs houses a master suite with a walk-through robe and ensuite, two additional robed bedrooms, one opening to an elevated balcony. Completely separate, a large downstairs bedroom with external access offers the ultimate private retreat for teenagers, guests, or a home office. Outside, the undulating lawns feature mature exotic trees, a paved entertaining zone, and a massive under-house double garage with expansive workshop storage. Move straight in or execute a modern transformation to match the elite status of its blue-ribbon neighbours.

Property Features:

Read the full description

- Blue-Ribbon Address: Prestigious and highly coveted Merrigang Street location.

- Elevated Views: Panoramic district outlooks from the rear garden and veranda.

- Optimal Aspect: Premium north-facing facade filling formal zones with natural light.

- Flexible 4-Bed Layout: Upstairs master with walk-through robe/ensuite plus balcony study.

- Private Guest Retreat: Separate downstairs bedroom with external access for guests or office.

- Central Living Hub: Open-plan kitchen and meals area with gas cooking and pantry.

- Classic Comforts: High 9-foot ceilings, generous built-in storage, and under-floor ducted heating.

- Underhouse Infrastructure: Large 2-car garage and workshop.

Listing description written by Gene Fairbanks, Ray White Bowral — reproduced as published, not verified by Districts.

Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

Research

  • Property search
  • Suburb profiles
  • Blog
  • Calculators
  • Follow suburbs
  • Sign in

Learn

  • How we use data
  • What's covered
  • Questions
  • Who it's for
  • Access

Company

  • About
  • Contact
  • support@districts.com.au

Legal

  • Privacy
  • Terms

© 2026 Districts

districts.com.au

Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.