21 Midgley Street Corrimal NSW 2518

21 Midgley Street Corrimal NSW 2518
Three-bed character home | 564sqm lot | $1.39Β–$1.45m asking | Rear lane access to triple garage This three-bedroom house on a 564 square metre block offers established character appeal with practical modern updates, suited to owner-occupiers seeking a neat, move-in-ready home with entertaining potential in an accessible pocket of Corrimal. The property presents as a well-maintained example of the classic Corrimal housing stock, elevated to capture natural light and featuring period detailing that many buyers in this market actively seek rather than avoid. The combination of high ceilings, generous room proportions, and a renovated bathroom suggests previous owners have invested thoughtfully in liveable upgrades without stripping period charm. The rear lane access to a triple garage is a material advantage in a streetscape where off-street parking and vehicle storage often constrain older properties. The 564 square metre lot size places it solidly within the mid-range for residential Corrimal, large enough to offer a level backyard and future modification scope, though not sprawling enough to suggest development potential or substantial land value. The property sits comfortably within Wollongong council zoning for residential use with no bushfire, flood, or heritage overlays, removing regulatory complexity from future ownership. Market data suggests three-bedroom houses in this postcode have experienced modest sales headwinds over the past year, with a 3 percent decline in transaction volumes, indicating measured rather than competitive demand. Properties of this type and condition typically attract families and downsizers who prioritise proximity to schools and local amenities over renovation scope, and who value immediate occupancy over project work. The asking range of $1.39Β–$1.45 million aligns with independent value estimates placing the property in the mid-$1.4 million bracket, suggesting realistic market positioning for this segment. Long-term holding appeal rests on the property’s accessibility to Corrimal’s established infrastructure and the durability of character-built homes in suburbs where period stock commands consistent demand.

Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ 

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Market Insight:

Corrimal is an Illawarra suburb benefiting from proximity to Wollongong and coastal amenities. Demand is driven by families and commuters. Housing stock is mixed, with ongoing uplift through renovation. Supply is moderate. Growth is steady with gradual gentrification.
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PropCred Estimated Value

Bedrooms

3

Bathroom

2

Parking

3

Land

564mΒ²

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