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NSW › Gwynneville › Gipps Rd

204 Gipps Rd, Gwynneville NSW 2500

Block of Units

$3,000,000

Last sold

14 Feb 2025

10

Bedrooms

6

Bathrooms

8

Car spaces

766 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

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

Why this property?

  • FactLast recorded sale $3,000,000 (14 Feb 2025).(Recorded sale)
  • FactLand 766 m²; no building size recorded.(Property record)

What could make it worth more?

  • FactZoned Low Density Residential (R2) under the Wollongong Local Environmental Plan 2009.(NSW ePlanning Spatial Viewer · 31 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

$3,000,000

14 Feb 2025 · derived via latest_sale

Gwynneville at a glance

3,232

People

$1,332,500

Median sale

$569/wk

Median rent

2.22%

Suburb gross yield

Median sale from 18 recorded sales (last 12 months) — a Districts calculation.

See the full Gwynneville report →

Vs Gwynneville

+125.1%

Median sale

Suburb $1,332,500

-1.23 pp

Gross yield

Suburb 2.22%

Suburb median $1,332,500 from 18 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning scheme

Wollongong Local Environmental Plan 2009

Zone

Low Density Residential

R2

Jurisdiction

Wollongong

Wollongong, NSW

Planning overlays

  • heightDetected
  • heritageNot detected

Planning constraints

  • 109

Development activity

Data unavailable

Source

  • Provider: NSW ePlanning Spatial Viewer
  • Dataset: Planning Portal Principal Planning — Land Zoning Map
  • Retrieved: 31 Aug 2026
  • Version: 1
  • Parcel: 176197311

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 31 Aug 2026). Mapped layers change — this is the strongest all-clear Districts can give, not a certificate.

Records

Property history

  1. Sold$3,000,00014 Feb 2025
  2. Listedprice unknowncompleted20 Aug 2024
  3. Listedprice unknowncompleted20 Aug 2024

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 (Wollongong Local Environmental Plan 2009). Official parcel area about 763 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 $569/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 (Wollongong Local Environmental Plan 2009). Official parcel area about 763 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.

3 of 10 questions answered so far

  • Development optionality of this lot

    Knownmedium

    Zoned Low Density Residential · R2 (Wollongong Local Environmental Plan 2009). Official parcel area about 763 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 763 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

    Unknown

    No DA adapter returned applications for this parcel.

  • 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

Gwynneville in one glance

Gwynneville at a glance

3,232

People

$1,332,500

Median sale

$569/wk

Median rent

2.22%

Suburb gross yield

Median sale from 18 recorded sales (last 12 months) — a Districts calculation.

See the full Gwynneville report →

Keep researching

  • Why Gwynneville? Read the area thesis →
  • What else is on the market in Gwynneville →
  • Other records on Gipps Rd →

Listing material

Listed by A-List Property Group

Proudly Sold By Anthony Sorace from A-List Property Group

Ultimate Investment Opportunity - 6 Units on 1 Title

Proudly presenting this exceptional investment opportunity, featuring a full brick complex of six units all on one title, located in the sort after suburb of Gwynneville.

This property features 4x two-bedroom units and 2x one-bedroom units, providing many options for the savvy investor such as, further scope for modernisation and improvements internally to increase the current return and overall value, the potential to strata titles these units to then be sold off separately and of course future re-development opportunities (STCA)

Read the full description

All units are well proportioned with comfortable living spaces, well-appointed kitchens, sizeable bedrooms and bathrooms, internal laundry’s, balconies, ample storage and allocated carport parking spaces with two additional visitor parking.

Currently returning $124,800 Gross per annum, all on secure leases providing you with an immediate return on your investment.

The property is situated on a level 766m2 block with a 15.2 frontage, R2 zoned.

Whether you're looking to add to your portfolio, embark on a development project, or simply capitalise on the prime location, this Torrens title block of six units offers endless possibilities for the astute investors.

Positioned perfectly, steps away from Gwynneville’s vibrant Village, which is filled with cafes, restaurants and local shops, public transport at your doorstep with the free shuttle bus, Wisemans Park Bowling Club and Beaton Park Leisure Centre and Basketball courts and a short walk or drive to Wollongong CBD, University, Tafe, Public & Private hospitals and local beaches.

Key Features Include:

- The Ultimate Investment with 6x units on 1 Title

- 4x two-bedroom units and 2x one-bedroom units

- Currently returning $124,800 Gross per annum

- Solid brick construction with 8 on-site parking spaces

- Situated on a level 766m2 block with 15.2m frontage, R2 Zoned

- Opportunity to explore strata possibilities or redevelopment (S.T.C.A.)

Outgoings:

Council Rates $4797 per annum

Water Rates $5171 per annum

*** Sold by Anthony Sorace - 0413 690 459 - A-List Property Group***

Disclaimer:

Whilst A-List Property Group has made every effort to ensure the information supplied to you in our marketing material is correct, we cannot guarantee the accuracy of the information provided by our Vendors, and as such, A-List Property Group makes no statement, representation, or warranty, and assumes no legal liability in relation to the accuracy of the information provided. Interested parties should conduct their own due diligence in relation to each property they are considering purchasing. All photographs, maps and images are representative only, for marketing purposes.

Listing description written by Anthony Sorace, A-List Property Group — reproduced as published, not verified by Districts.

Property features

  • Balcony
  • Living Areas: 6
Districts

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

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