3A Tilgman Street, Berry NSW 2535
3A Tilgman Street, Berry NSW 2535
Large 704m² holding | Off-market residential parcel | Quiet Berry estate setting | FTTP available | Larger-lot position
This property offers a rare combination of a substantial 704m² parcel within a tightly held, low-density residential estate near Berry township. It sits at the larger end of the immediate street’s lot sizes, giving it meaningful flexibility for a custom-built family home or a generous garden setting. The off-market status suggests limited competition and a potential opportunity for a buyer seeking to secure a blank canvas without the pressure of an open campaign. It is best suited to owner-occupiers wanting to build their own house in a peaceful, family-oriented neighbourhood, or to downsizers seeking a manageable block close to village conveniences. The absence of disclosed building details points to a land-focused proposition, where the value lies in the size, location, and potential rather than existing improvements.
The absence of confirmed building details, floor level, aspect, or finishes means the price will likely be shaped by land size and development potential rather than existing structure. A 704m² block in this estate may support a single-level family home with outdoor space, but buyers should weigh site-specific factors such as orientation, slope, and any council constraints that could affect building design or costs. The nearby precedent of a comparable vacant parcel selling at a significantly lower figure highlights that land without improvements carries a distinct value profile, while a completed house on a similar lot would command a higher price. This property may appeal most to those who value location and space over turnkey convenience, and the final price will depend on how much weight is placed on build potential versus immediate livability.
Detailed Independent Property Report prepared by PropCred Analyst team for 3A Tilgman Street, Berry NSW 2535
Checks found:
Value Risk
2
Liquidity Risk
1
Planning Risk
Income Risk
2
Execution Risk
1
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Market Insight
Berry, a NSW South Coast regional town, positions on large blocks up to 2ha, with active local agencies and a local K-6 school. Demand is driven by older, childless couples: average age 58, 53% over 55, 58% childless, and 52% owning outright. House medians range $1.61M–$1.7M, but growth varies sharply, from +4.7% to –26.3% across sources. Sales are thin at 55–67 houses annually, and days on market stretch 111–242, signalling an illiquid market. Gross yields remain low for houses (2.6–2.9%), though house rents rose 13.3% to $850 weekly. Future drivers include high-value sales up to $4.075M on 2ha+ blocks and scarce rental supply, but affordability, negative price momentum, and rate sensitivity are key constraints.
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PropCred Estimated Value
Comparable Sales: 5 Tilgman Street sold $690,000 (vacant 704m²); 11 Tilgman Street listed around $1.95M (4-bed house) | Property Price Band: $1.3M–$1.4M | Value Drivers: land size, off-market status, development potential, estate location
Bedrooms
3
Bathroom
2
Parking
1
Land
352m²
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