21 Tolson Place, Balgownie NSW 2519

21 Tolson Place, Balgownie NSW 2519
Quiet cul-de-sac position | 604sqm block with expansion scope | 4-bedroom single-level | 2-way bathroom for family flow | Stunning leafy outlook This property offers a rare combination in Balgownie: a single-level four-bedroom house on a generous 604sqm lot within a whisper-quiet cul-de-sac, where the leafy outlook and low-maintenance backyard directly support family living. The 2-way bathroom, separate lounge, and large eat-in kitchen flowing to a back patio are practical features that reduce the need for immediate renovation, while the new carpet and built-in wardrobes reinforce a tidy move-in condition. For a buyer seeking a foothold in a desirable Wollongong suburb with good school catchment and strong rental demand, this house presents a competitive entry point given its configuration and block size. The bushfire overlay is the primary risk factor, likely requiring vegetation management and potential compliance costs for any future extension. The single bathroom and open parking may limit appeal for larger families or those seeking lock-up garage security. However, the 604sqm block and 30% site coverage suggest expansion potential, and the last sale in 1999 indicates long-term ownership which often means less cosmetic updating. The rental yield at midpoint $745pw is reasonable for the area, offering a fallback if plans change. FTTP NBN and strong 5G coverage are supporting value adds for remote workers.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 21 Tolson Place, Balgownie NSW 2519
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Market Insight:

Balgownie offers established suburban living within the Illawarra region, appealing for its proximity to natural attractions. The market demonstrates stable house price conditions with moderate growth, while unit values show stronger recent momentum. Demand is supported by solid rental yields, with houses transacting efficiently, indicating consistent buyer interest. Future growth will likely hinge on broader regional infrastructure and amenity enhancements, though limited sales volume suggests a tightly held market which can constrain supply.
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PropCred Estimated Value

Bedrooms

4

Bathroom

1

Parking

2

Land

604mยฒ

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