112 Shellharbour Road, Port Kembla NSW 2505
112 Shellharbour Road, Port Kembla NSW 2505
Freshly updated 2-bedroom | 546sqm land with granny flat potential | Warrawong High catchment | No flood or bushfire overlays
This property’s primary buying case rests on its 546sqm parcel in a coastal suburb where land is the appreciating component, not the modest 92sqm dwelling. The 17% building coverage leaves substantial room for a granny flat development—subject to council approval—which could effectively double rental income while the buyer occupies the main house. With 65% owner-occupancy in Port Kembla, neighbourhood stability is above average for the area. The property suits an owner-occupier seeking future income supplementation or an investor targeting yield uplift through subdivision or secondary dwelling.
The key risk is the main house’s small footprint; at 92sqm, it may limit resale appeal to families who prioritise internal space over land. The $825,000 listing sits near the top of the estimated $809k–$833k range, so the buyer must negotiate to avoid overpaying for the land alone. The granny flat potential is contingent on council approval—no pre-existing permits exist—and Shellharbour Road carries traffic noise that may affect liveability. The buyer’s advantage lies in holding the land for medium-term capital growth while using the secondary dwelling to offset holding costs, effectively reducing net outlay.
Detailed Independent Property Report prepared by PropCred Analyst team for 112 Shellharbour Road, Port Kembla NSW 2505
Checks found:
Value Risk
Liquidity Risk
2
Planning Risk
2
Income Risk
Execution Risk
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Market Insight
Port Kembla is a coastal suburb positioned as a more affordable entry point to the Illawarra region, attracting a diverse mix of families, first home buyers, and investors. Demand is driven by its coastal lifestyle appeal, with apartments particularly sought by first home buyers and downsizers. The market demonstrates solid long-term capital growth potential, though recent conditions show some price sensitivity. Future growth is underpinned by its established infrastructure and appeal, while key constraints include limited current listings and potential short-term market volatility.
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PropCred Estimated Value
Bedrooms
2
Bathroom
1
Parking
-
Land
546m²
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