1/43 Wentworth Street, Oak Flats NSW 2529
1/43 Wentworth Street, Oak Flats NSW 2529
Established street appeal | Family-oriented mix of houses and townhouses | Walkable to schools, shops, and Lake Illawarra | Larger blocks with renovation upside | Older stock with premium potential
The competitive strength here lies in the street’s dual character—older detached homes on generous, level blocks alongside newer, higher-spec townhouse infill. For a buyer seeking space, a 677–695 m² lot offers rare room for extensions, a pool, or multi-car accommodation, while the walkability to Oak Flats town centre, public school, and foreshore paths adds everyday convenience that family buyers consistently prioritise. The presence of fully renovated homes with modern finishes, solar, and outdoor entertaining suggests strong demand for upgraded product, making this a street where presentation directly translates into buyer interest. It suits families wanting a established suburb with room to grow, or buyers willing to invest in renovation to unlock equity.
Value may be influenced by the condition and layout of the existing dwelling, as dated interiors or inefficient floor plans might require significant capital outlay to match the premium achieved by renovated comparables. The block size and orientation could also shape redevelopment potential, while proximity to the childcare DA approval at a nearby address might introduce minor traffic or zoning considerations. Buyers should weigh the cost of upgrades against the street’s proven appetite for high-quality finishes, as well as the balance between older charm and modern expectations for open-plan living and energy efficiency.
|| Comparable Sales: 18 Wentworth Street sold around $1.55M–$1.58M; 23 Wentworth Street guided near $1.0M | Property Price Band: $1.0M–$1.1M | Value Drivers: land size, renovation condition, proximity to schools and foreshore
Detailed Independent Property Report prepared by PropCred Analyst team for 1/43 Wentworth Street, Oak Flats NSW 2529
Checks found:
Value Risk
2
Liquidity Risk
Planning Risk
Income Risk
2
Execution Risk
1
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Market Insight
Oak Flats, in the Illawarra south of Sydney, offers coastal-adjacent residential living with a mix of houses and units. Demand comes from families and investors drawn by the housing mix and consistent growth. House prices sit around $915k–$970k with recent growth of 3.6–4.8%; units near $805k grew 6.1%. Stock is tight: houses average 21 days on market, with 94 sales. Long-term CAGR of 6.3% supports predictability, but affordability is constrained by high price points and a thin rental supply (13 listings), indicating a balanced, rate-sensitive market.
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PropCred Estimated Value
Comparable Sales: 18 Wentworth Street sold around $1.55M–$1.58M; 23 Wentworth Street guided near $1.0M | Property Price Band: $1.0M–$1.1M | Value Drivers: land size, renovation condition, proximity to schools and foreshore
Bedrooms
3
Bathroom
1
Parking
2
Land
697m²
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