11 Willandra Place, Koonawarra NSW 2530
11 Willandra Place, Koonawarra NSW 2530
Split-level lake views | Quiet cul-de-sac | 564sqm block | Mincove Homes build | Family appeal
The buying case for this property rests on its combination of lake views, split-level design, and a 20-metre frontage on a manageable 564sqm block in a quiet cul-de-sac. Built by Mincove Homes approximately seven years ago, the house offers four bedrooms, two bathrooms, and open-plan living oriented to capture Lake Illawarra views from multiple areas. This configuration is relatively rare in Koonawarra and gives a buyer a clear positional advantage over standard family homes in the suburb. The property is best suited to a family seeking modern finishes, water outlook, and proximity to Dapto CBD, schools, and boat ramps, without the upkeep of a larger landholding.
The main risk is the unclear marketing history, with a reported sale at $970,000 and a later guide of $1,150,000, which may indicate a re-listing or price adjustment that requires verification of current vendor motivation and any prior sale conditions. The property is not currently on the market according to some records, so a buyer should confirm whether it is available or likely to be re-listed. The opportunity lies in the potential to secure a premium-view home in a quiet pocket, where the split-level layout and modern build age offer genuine scarcity in this price segment. FTTP connectivity is a supporting value add.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 11 Willandra Place, Koonawarra NSW 2530
Market Insight:
Koonawarra is a lower-cost suburb near Lake Illawarra, positioned as an entry-level market. It attracts investors and first-home buyers. Demand is driven by affordability and proximity to Wollongong. Socioeconomic factors constrain stronger growth. Price growth is modest and uneven. It remains a transitional suburb.