167 Cabbage Tree Lane Mount Pleasant NSW 2519
167 Cabbage Tree Lane Mount Pleasant NSW 2519
Four-bed family home | 556sqm established block | Solar-heated pool | Auction sale method
This four-bedroom house on a 556 square metre block represents a conventional family offering positioned toward buyers seeking established residential comfort with entertaining-focused design.
The property presents a conventional layout centred on entertaining infrastructure, with dual living areas, an in-ground solar-heated saltwater pool, and undercover alfresco space overlooking the backyard. The 205 square metre building footprint indicates moderate density on the land, leaving reasonable space for outdoor use and future extension potential. Sales method via auction suggests the vendor is testing market appetite at the upper end of valuation expectations; the property was last sold in 1999, indicating a longer holding period by the current owner. Estimated value sits around 1.28 million dollars with a valuation range between 1.1 and 1.46 million, positioning the property firmly in the established family home bracket rather than entry-level or premium categories.
The location places the property within walking distance of Pleasant Heights Public School and approximately 350 metres to Wollongong bus services, which appeals to households prioritising educational access and commuter convenience. Proximity to Balgownie village and Fairy Meadow Beach at roughly 1.8 and 3.3 kilometres respectively provides lifestyle amenity without immediate coastal exposure. The property sits within a bushfire overlay zone, which typically requires disclosure but does not materially constrain use or insurability in this locality. Properties of this configuration and price point in Mount Pleasant historically attract established families moving laterally within the local market, downsizers seeking lower maintenance than rural properties, and investors viewing pool-equipped homes as differentiated rental prospects. The extended holding period and entry via auction may signal changing owner circumstances rather than structural weakness in the property itself.
Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ
Market Insight:
Mount Pleasant is a premium Wollongong suburb offering elevated views and larger homes. It attracts affluent families and professionals. Demand is driven by lifestyle, proximity to Wollongong CBD and limited supply. High entry prices are the main constraint. Price growth is strong but can be lumpy. It sits in the upper tier of the Illawarra market.