67 Boollwarroo Parade, Shellharbour NSW 2529
67 Boollwarroo Parade, Shellharbour NSW 2529
Vacant residential land | 537mยฒ block | Shellharbour coastal suburb | Prior house removed | Redevelopment opportunity
This is a rare offering of vacant residential land in a mature coastal suburb, where established housing dominates and cleared sites are uncommon. The 537mยฒ lot is sized for a substantial new dwelling, and its residential zoning provides flexibility for a custom home suited to the premium coastal market. The property is best suited to buyers seeking to build a high-value residence in an established location, or to developers targeting a prestige infill project in a desirable seaside setting.
The price point may reflect the scarcity of vacant land in this suburb, but the absence of an existing dwelling means the buyer must account for all construction costs and approval timelines. The prior house record suggests the site may have been cleared recently, which might simplify demolition but does not guarantee soil or site conditions are ready for building. A thorough due diligence on planning overlays and site constraints is recommended before forming a view on value.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 67 Boollwarroo Parade, Shellharbour NSW 2529
Market Insight:
Shellharbour presents as a mature, established coastal suburb with a demographic skew towards older professionals. Demand is primarily driven by this demographic, supported by consistent sales activity. Recent price performance for houses has been mixed with modest to slightly negative growth, though the unit market has shown significant strength. Future growth may be constrained by affordability pressures and a recent slight population decline, while the below-average auction clearance rate indicates a more measured market tempo compared to broader regional trends.