1/16 Holman Street, Port Kembla NSW 2505
1/16 Holman Street, Port Kembla NSW 2505
Dual-occupancy house, no strata fees | 3 bed, 2 bath, double internal garage | East-west aspect, light brick, quality finish | Compact 379m² low-maintenance lot | Close to shops, schools, and Wollongong CBD
This property holds a clear competitive edge in Port Kembla through its dual-occupancy configuration with no strata fees, offering the feel of a standalone house without shared ownership costs. The three bedrooms, two bathrooms, and double internal-access garage provide a functional layout that suits families seeking easy-care living, downsizers wanting single-level convenience, and investors targeting strong rental appeal. Its east-west aspect captures natural light throughout the day, while the light brick construction and Gull Grey Colorbond roof signal a well-presented, durable build. Positioned close to Port Kembla Shopping Centre, schools, and transport, with a short drive to Wollongong CBD, this house serves buyers prioritising proximity and practicality over expansive land.
The moderate 379.2m² lot may limit appeal for those seeking larger outdoor space, a trade-off against the low-maintenance advantage. The dual-occupancy nature might influence financing or buyer perception, though the absence of strata fees offsets this. Its presentation and quality finishes could support a premium over older, larger-landed stock in the area, but the compact footprint may cap upside compared to traditional houses. Buyers should weigh the convenience and modern configuration against potential resale competition from established homes on bigger blocks.
|| Comparable Sales: 30 Kembla Street 3/1/1 on 523m² sold prior around $600K–$700K; 10 Holman Street 2/1/2 on 752m² benchmarked near $750K | Property Price Band: $700K–$800K | Value Drivers: dual-occupancy no-strata setup, two-bathroom layout, internal-access double garage, immaculate presentation
Detailed Independent Property Report prepared by PropCred Analyst team for 1/16 Holman Street, Port Kembla NSW 2505
Checks found:
Value Risk
2
Liquidity Risk
Planning Risk
2
Income Risk
Execution Risk
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Market Insight
Port Kembla is a coastal suburb positioned as a more affordable entry point to the Illawarra region, attracting a diverse mix of families, first home buyers, and investors. Demand is driven by its coastal lifestyle appeal, with apartments particularly sought by first home buyers and downsizers. The market demonstrates solid long-term capital growth potential, though recent conditions show some price sensitivity. Future growth is underpinned by its established infrastructure and appeal, while key constraints include limited current listings and potential short-term market volatility.
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PropCred Estimated Value
Comparable Sales: 30 Kembla Street 3/1/1 on 523m² sold prior around $600K–$700K; 10 Holman Street 2/1/2 on 752m² benchmarked near $750K | Property Price Band: $700K–$800K | Value Drivers: dual-occupancy no-strata setup, two-bathroom layout, internal-access double garage, immaculate presentation
Bedrooms
3
Bathroom
2
Parking
2
Land
798m²
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