120/1 Evelyn Court, Shellharbour City Centre NSW 2529
120/1 Evelyn Court, Shellharbour City Centre NSW 2529
Large private terrace | premium two-bedroom unit | above-median price point | suited to owner-occupiers and downsizers
This apartment’s primary competitive advantage is its large private terrace, a feature that is uncommon in the local unit stock and justifies its above-median price positioning. The open-plan layout and modern finish broaden its appeal to both owner-occupiers seeking low-maintenance living and investors targeting a yield near 4.2%. The property serves best buyers who prioritise outdoor entertaining space and convenience over raw floor area, as the terrace effectively extends the living zone without strata footprint penalties.
The principal risk is the lack of confirmed bathroom and parking counts, which could weaken resale appeal if below market expectations. The brief marketing period suggests the vendor may be testing price rather than under pressure, so negotiation room may be limited. However, the absence of flood, bushfire, or heritage overlays reduces planning risk, and the street’s established property data supports stable demand. Buyers should verify strata levies and exact internal dimensions before committing, as the premium guide hinges on the terrace being genuinely large and well-oriented.
Detailed Independent Property Report prepared by PropCred Analyst team for 120/1 Evelyn Court, Shellharbour City Centre NSW 2529
Checks found:
Value Risk
2
Liquidity Risk
2
Planning Risk
1
Income Risk
Execution Risk
1
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Market Insight
Shellharbour City Centre presents a bifurcated market, where a small, older demographic dominates the immediate locale while the broader suburb attracts higher-income professionals. Demand is driven by investors capitalising on strong unit price growth and yields that outpace houses, appealing to those seeking leasing income. House prices have recently softened, reflecting affordability constraints after a period of significant gains, with extended selling times indicating rate sensitivity. Future growth is supported by tight supply and low vacancy, though the high house price point and negative annual growth signal a market recalibrating rather than expanding.
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PropCred Estimated Value
Bedrooms
2
Bathroom
2
Parking
2
Land
1550m²
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