69 Basil Street, South Nowra NSW 2541

69 Basil Street, South Nowra NSW 2541
vacant 576mยฒ block | lot 523 | redevelopment site | South Nowra infill | new-build opportunity This property is competitively positioned as a vacant 576mยฒ residential block in an established suburb, offering a rare chance to build a new home without demolition or site remediation. The size is well-suited to a standard single-family dwelling, and the location within South Nowra provides proximity to local amenities without the premium of a larger estate lot. This site best serves a buyer intending to construct a tailored home, rather than purchase an existing dwelling, giving them full control over design and finishes. The value of this property may be influenced by the absence of existing improvements, meaning the buyer must account for full construction costs and council approvals when forming a price view. The mixed data from property portals, which still classify it as a house, could create confusion in the market, potentially affecting perceived value. The site’s serviced status in a built-up area may reduce development risk, but the lack of confirmed zoning or infrastructure details should be verified before committing.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 69 Basil Street, South Nowra NSW 2541
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Market Insight:

South Nowra presents a balanced proposition, attracting families and first-home buyers with its established, family-friendly character and mix of housing. Demand is underpinned by this demographic seeking value and lifestyle, with the unit segment showing notably stronger recent price momentum. While the market demonstrates consistent sales activity, a key constraint is the slower-than-average sales pace for houses, suggesting a more considered buyer pool. Its position within the broader Shoalhaven hub remains a fundamental growth driver.
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PropCred Estimated Value

Bedrooms

-

Bathroom

-

Parking

-

Land

576mยฒ

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