118 Nottingham Street, Berkeley NSW 2506

118 Nottingham Street, Berkeley NSW 2506
functional family layout | generous 619mยฒ lot | above-average 3-car parking | traditional detached suburban setting | suited to owner-occupier families The strong draw here is the combination of four bedrooms with three dedicated car spaces on a 619mยฒ block, which is noticeably more generous than typical detached stock in the area. The layout signals a traditional family home with separate living and dining zones, making it best suited to households needing space for multiple vehicles and room to spread out. Its place in Berkeleyโ€™s established suburban fabric means it competes directly with other older homes, but the land size and parking capacity give it a practical edge for buyers prioritising utility over modern finishes. The value of this property may be most affected by the single bathroom and the lack of verified modern updates, which could limit its appeal among buyers seeking turn-key convenience. The older building stock might also mean higher ongoing maintenance or the need for near-term investment in systems like heating or cooling. A buyer should weigh the premium for the large block and parking against the likely cost of bringing interiors and amenities up to current expectations.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 118 Nottingham Street, Berkeley NSW 2506
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Market Insight:

Berkeley presents as a value-driven family suburb within the Illawarra, anchored by its schools and parks. Demand is primarily from families and first-home buyers seeking relative affordability, supported by steady house price growth and a brisk sales market. While houses demonstrate solid momentum, the unit segment shows recent weakness. Future growth is linked to its established appeal and long-term capital growth trend, though broader economic conditions and the underperforming apartment market present notable considerations.
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PropCred Estimated Value

Bedrooms

4

Bathroom

1

Parking

3

Land

619mยฒ

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