185 Brokers Road, Mount Pleasant NSW 2519
185 Brokers Road, Mount Pleasant NSW 2519
Detached family house | elevated ridge position | large block | view potential | older established build
This property is positioned within an elevated family-house pocket where larger blocks and natural outlooks are the defining features. The dwelling type is a detached house, consistent with the surrounding stock, and its configuration is likely to suit buyers seeking space, privacy, and room for future updating. The land component is a significant strength, offering the potential for outdoor entertaining, landscaping, or extension subject to planning controls. This house serves best as a long-term family purchase for those prioritising outlook, land size, and a settled neighbourhood over a low-maintenance or modern-turnkey home.
The value of this property may be affected by its age and internal condition, as the original mid-century-style layout might require renovation to meet contemporary expectations. The presence of bushfire and flood overlays in the broader precinct could influence insurance costs or future building works, and this should be weighed carefully. The split-level configuration, while common in the area, may present accessibility challenges for some buyers. Conversely, the view potential and lot size might support a premium if the property is well-presented or has been recently updated, though this remains unverified for the specific house.
Detailed Independent Property Report prepared by PropCred Analyst team for 185 Brokers Road, Mount Pleasant NSW 2519
Checks found:
Value Risk
Liquidity Risk
2
Planning Risk
1
Income Risk
2
Execution Risk
1
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Market Insight
Mount Pleasant, in the Wollongong District, is a tightly held prestige market with a median house price of roughly $1.55 million and annual compound growth up to 24 percent. Demand is driven by established owner-occupiers, predominantly aged 40–49, with 52 percent holding mortgages and high household incomes; the typical weekly rent of $860 and a 2.1 percent gross yield reflect strong owner-occupier dominance over investors. Sales are limited—23 houses in the past year—but days on market average 62, pointing to balanced conditions. Recent price data show a 13.9 to 24 percent annual rise across sources, with the most recent median at $1.55 million. Future growth rests on continued buyer competition for scarce stock, but the price-to-income ratio of 9.2 times is a constraint, and affordability will likely temper upside.
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PropCred Estimated Value
Comparable Sales: 32 Ramah Avenue sold $2,100,000; 78 New Mount Pleasant Road sold $858,088 | Property Price Band: $1.8M–$1.9M | Value Drivers: land size, elevated outlook, renovation potential
Bedrooms
4
Bathroom
3
Parking
2
Land
661m²
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