144/214-220 Princes Highway, Fairy Meadow NSW 2519
144/214-220 Princes Highway, Fairy Meadow NSW 2519
2 bed 2 bath 1 car | Resort-style complex | Flood bushfire overlay | Strong rental demand
This unit is competitively positioned as a low-maintenance apartment within a resort-style complex, with the tennis court being an uncommon feature in this market segment. The two-bedroom layout with two bathrooms and secure parking is expected to attract both first-home buyers and investors seeking convenient living near Wollongong. The facilities and location are seen as key drivers of rental demand and long-term desirability.
Specific risk is noted in the flood and bushfire overlays applying to the property, which should be examined for insurance impacts and resale implications. The opportunity is found in the consistent rental performance observed for similar units in the building, with the complex’s amenities supporting tenant retention. For a buyer, this property is balanced between manageable risks and clear lifestyle-driven upside.
Detailed Independent Property Report prepared by PropCred Analyst team for 144/214-220 Princes Highway, Fairy Meadow NSW 2519
Checks found:
Value Risk
Liquidity Risk
1
Planning Risk
1
Income Risk
2
Execution Risk
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Market Insight
Fairy Meadow presents a balanced market with strong underlying demand, evidenced by consistent sales activity and a tight rental vacancy. House prices demonstrate robust growth, while the unit market offers relative affordability and higher rental yields, appealing to investors. This demand is supported by the suburb’s established infrastructure links. Future growth is underpinned by sustained capital appreciation, though a recent increase in listing stock suggests a potential shift in supply dynamics that warrants monitoring.
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PropCred Estimated Value
Bedrooms
2
Bathroom
2
Parking
1
Land
1.64 acres
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