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.
$820,000
Last sold
20 Aug 2026
4
Bedrooms
2
Bathrooms
2
Car spaces
670 m²
Land
169 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
$820,000
20 Aug 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
+17.1%
Median sale
Suburb $700,000
-0.54 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 672 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 672 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 672 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 672 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 Raine & Horne NowraBenji Ward from Raine & Horne Nowra welcomes you to 186 McKay Street, Nowra. Offering investment appeal, this unique property presents two self-contained units on one title, making it an exceptional opportunity for investors seeking strong rental returns.
Positioned on a 670m² block in a convenient Nowra location, the main brick residence features three comfortable bedrooms, a bright and inviting living and dining area, a well-appointed kitchen with ample storage, an updated bathroom, and a separate internal laundry. Split-system air conditioning ensures year-round comfort throughout the home.
Complementing the main residence is unit two, complete with its own bedroom, modern kitchen, large bathroom, and open plan living and dining area. This lovely unit has been updated and has split sytem air conditioning.
Whether you're accommodating extended family, providing independence for teenagers, working from home, or generating an additional rental income, the possibilities are here with this dual dwelling.
The property also features a double brick construction, reconditioned roof, easy-care established gardens, a double carport shared between each unit, and separate, fully fenced backyards for each side, providing privacy, independence, and functional outdoor space.
Water connection is combined and electricity is separate to each unit.
Conveniently located close to schools, shops, sporting facilities, hospital, medical services and the Shoalhaven River, this is a rare opportunity to secure a versatile property that delivers both immediate lifestyle benefits and excellent long-term investment potential.
• Unit 1 is leased at $480 per week
• Unit 2 is leased at $280 per week
For more information or to arrange your inspection, contact Benji Ward on 0422 492 010 today.
*Every care has been taken to verify the accuracy of the information contained in this document, but no warranty (either express or implied) is given by Raine & Horne or its agent, as to the accuracy of the contents. Purchasers should conduct their own investigations into all matters relating to the proposed purchase of the property.
Listing description written by Benji Ward, Raine & Horne Nowra — reproduced as published, not verified by Districts.