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NSW › North Nowra › Illaroo Rd

261 Illaroo Rd, North Nowra NSW 2541

House

$620,000

Last sold

17 Dec 2024

3

Bedrooms

1

Bathrooms

0

Car spaces

591 m²

Land

176 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 $620,000 (17 Dec 2024).(Recorded sale)
  • CalculationRecorded House sales in North Nowra (last 5 years) with land size: median $1,054/m² of land (n=104). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

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?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

$620,000

17 Dec 2024 · derived via latest_sale

Local land rate: recorded House sales in North Nowra (last 5 years) with land size have a median of $1,054/m² of land (n=104). Districts calculation from recorded sales — not a valuation.

North Nowra at a glance

5,876

People

$787,500

Median sale

$627/wk

Median rent

4.14%

Suburb gross yield

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

See the full North Nowra report →

Vs North Nowra

-21.3%

Median sale

Suburb $787,500

+1.12 pp

Gross yield

Suburb 4.14%

Suburb median $787,500 from 54 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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 retrieved

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

Records

Property history

  1. Sold$620,00017 Dec 2024
  2. Listedprice unknowncompleted2 Sept 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?

Planning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” 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 $627/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.

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

Not enough official evidence yet to underwrite this as an investment.

Detail

The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”

Read more

Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.

The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.

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.

1 of 10 questions answered so far

  • Development optionality of this lot

    Unknown

    Planning layers have not been retrieved for this property yet.

  • 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?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). 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

    Development applications have not been queried 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

North Nowra in one glance

North Nowra at a glance

5,876

People

$787,500

Median sale

$627/wk

Median rent

4.14%

Suburb gross yield

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

See the full North Nowra report →

Keep researching

  • Why North Nowra? Read the area thesis →
  • What else is on the market in North Nowra →
  • Other records on Illaroo Rd →

Listing material

Listed by Raine & Horne Berry

Convenient Family Home with Investment Appeal

Discover your ideal home, perfectly positioned on approximately 591 sqm. This 3-bedroom residence offers the ultimate blend of convenience and comfort in a desirable location close to shops, transportation, and essential amenities.

Inside, you'll find a well-maintained space featuring three generous bedrooms, each with built-in robes. The spacious bathroom includes a double vanity and a large bathtub, adding a touch of luxury to daily living. Enjoy year-round comfort with the warmth of a wood fire place and the efficiency of reverse cycle air conditioning, ensuring a cozy atmosphere no matter the season.

The modern kitchen is perfect for those who love to entertain, seamlessly connecting to a spacious undercover outdoor area. This versatile space is ideal for hosting gatherings, whether it's a summer barbecue or a quiet evening meal. With ample room for outdoor furniture and décor, you can create a welcoming alfresco dining experience or a casual lounge area to unwind. The fully fenced yard enhances privacy and security, making it an excellent family home.

Read the full description

With a previous rental income of $600 per week, this property is not just a comfortable residence but also a solid investment opportunity. Its proximity to Illaroo Road Public School, North Nowra Public School, and a short walk to North Nowra Shops and a Medical Centre ensures unparalleled convenience for daily living.

For more information or to schedule a private viewing, please reach out to Ryan Rigg at 0428 838 097.

Listing description written by Ryan Rigg, Raine & Horne Berry — reproduced as published, not verified by Districts.

Property features

  • Built-in Robes
  • Courtyard
  • Fully Fenced
  • Outdoor Entertaining
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.