1/3 Goodwin Street, Woolooware NSW 2230
1/3 Goodwin Street, Woolooware NSW 2230
Strata duplex on a quiet Woolooware street | coastal-fringe family demand | close to Cronulla beaches | compact footprint with growth potential
The property is positioned as a strata-titled duplex on a quiet residential street in Woolooware, a suburb valued for its proximity to Cronulla’s beaches and established family amenity. The configuration is rare in that it offers the practicality of a townhouse-style layout with suburban street presence, suiting downsizers who want to remain in the Sutherland Shire without the upkeep of a large block, and young families drawn by the local school catchments. The limited supply of similar duplex stock in the immediate area supports competitive buyer interest, while the coastal fringe location gives it a lifestyle advantage that is difficult to replicate.
The value may be shaped by the confirmed land entitlement and whether the strata lot includes private outdoor space or dedicated parking. Orientation and building age might influence how the property compares against newer duplex product in the area. Local flood overlays recorded on some Woolooware properties may warrant enquiry with council, although no direct constraint is confirmed for this address. The final price could also reflect the level of presentation and any renovation work the property requires.
Detailed Independent Property Report prepared by PropCred Analyst team for 1/3 Goodwin Street, Woolooware NSW 2230
Checks found:
Value Risk
1
Liquidity Risk
Planning Risk
2
Income Risk
1
Execution Risk
2
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Market Insight
Woolooware, a coastal Sutherland Shire suburb, is positioned as a high-value market with a median house price of $2.5 million and units at $888,750. Demand is bifurcated: apartments draw first-home buyers and downsizers, given 59.5% strata density, while families and established professionals anchor the house segment. Prices have diverged over 12 months—houses range from -3.8% to +1.4% depending on source, while units fell 6.84%. Houses average 30 days on market, selling 6% above asking, yet vendor discounts sit at -6% versus the NSW average of -5%. Rental yields remain constrained at 2.65% for houses and 3.77% for units, with median house rents between $1,035 and $1,350. Annual sales volume is thin at 66 houses, reinforcing a low-turnover, tightly held market. The suburb trades below its long-term trend, indicating undervaluation, but affordability hurdles, rate sensitivity, and discount pressure temper upside. Proximity to coast and amenities underpins its desirability.
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PropCred Estimated Value
Comparable Sales: 87 Woolooware Rd sold $3.04M (2022); 3 Woolooware Rd duplex est. $2.37M | Property Price Band: $1.6M to $1.7M | Value Drivers: strata title clarity, outdoor space, presentation
Bedrooms
3
Bathroom
2
Parking
2
Land
892m²
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