10 Lombard Avenue, Fairy Meadow NSW 2519
10 Lombard Avenue, Fairy Meadow NSW 2519
5-bed family house | 556 m² mid-block lot | school catchment edge | strong rental demand | compact but versatile
A rare configuration is presented by this house, with five bedrooms contained within a 556 m² footprint. Family appeal is added by its placement within the school catchments, and convenient access to the CBD and beaches is provided by the established street. A likely renovated interior and single-level layout are expected to serve families seeking move-in condition, and the investment attractiveness is broadened by the student rental market. This property is best suited to owner-occupiers requiring a larger home on a manageable block, or investors seeking steady demand.
The value may be materially affected by the compact land size, as future extension or redevelopment options might be constrained by the 556 m² footprint. The five-bedroom layout might be appealing to extended families, but the condition and presentation of the interior are likely to be decisive. Due diligence may be required by potential flood considerations in the locality, and the final price might be influenced by market dynamics for family homes in this corridor.
>> Comparable Sales: 60 Lombard Avenue sold at $1,595,000 | Property Price Band: $1.2M–$1.3M | Value Drivers: condition, land size, layout
Detailed Independent Property Report prepared by PropCred Analyst team for 10 Lombard Avenue, Fairy Meadow NSW 2519
Checks found:
Value Risk
1
Liquidity Risk
2
Planning Risk
2
Income Risk
2
Execution Risk
2
URL has been copied successfully!
Market Insight
Fairy Meadow, in Wollongong’s coastal strip, trades on tight supply and sustained buyer interest. Houses sit around $1.26 million with annual growth of 5.0–5.6%, while units hover near $600,000, showing modest gains of 2.6–3.0%. Rental demand is firm: vacancy is 0.80%, and houses yield roughly 3.4%, units 4.1–4.6%. Sales volume is solid at about 75 house transactions over the year, supported by a five-year median value rise of 39.7%. The main constraint is limited listings: only 14 homes for sale and 37 rental properties, with stock on market up 50% from last year, hinting at early supply normalisation.
URL has been copied successfully!
PropCred Estimated Value
Bedrooms
5
Bathroom
1
Parking
2
Land
556m²
URL has been copied successfully!