2/9 Reid Street, Shellharbour NSW 2529
2/9 Reid Street, Shellharbour NSW 2529
Torrens-title townhouse in coastal village | 3-bed, 2-bath, 2-car layout | walk to main street and beach | low-maintenance lifestyle buy | compact land with location premium.
This townhouse is positioned as a Torrens-title, fully detached home within a tightly held coastal village, offering house-like ownership without the upkeep of a large block. The 206 m² footprint is balanced by a 137 m² interior organised into three bedrooms, two bathrooms, and two car spaces, while the village setting places the main street, dining, and beach within a short walk. That combination is rarely found in a market dominated by standard detached houses, so the property is best suited to professionals, young families, downsizers, and investors who value walkability, coastal amenity, and low-maintenance living over yard space or land-banking potential.
The main value considerations may be influenced by the compact land size and the quality of the presentation. Since the property is described as beautifully finished and modern, condition is likely to be a meaningful price driver, and any need for updating could be felt in the final price. Orientation and privacy may affect liveability and should be checked during a physical inspection. School catchments are mid-range, so appeal to education-focused families may be limited. The low-maintenance coastal format may support strong rental demand for the right tenant.
Detailed Independent Property Report prepared by PropCred Analyst team for 2/9 Reid Street, Shellharbour NSW 2529
Checks found:
Value Risk
Liquidity Risk
1
Planning Risk
Income Risk
1
Execution Risk
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Market Insight
Shellharbour is a mature coastal suburb with a distinctly older, professional buyer profile; the median age sits at 47, with the 50–59 and 60–69 cohorts dominant. Demand is weighted toward units, where the median price is $1,000,000 and annual growth is a strong 18.7%, supported by a 4.2% gross rental yield. Houses trade at a far higher median of $1,350,000, yet price momentum is mixed: 2.27% growth over the past year contrasts with a -2.2% compound rate, and the 45% auction clearance rate trails the NSW average of 67%. Sales activity is thin at roughly 39–40 houses per year, and the population contracted by 1.15% between 2016 and 2021, pointing to subdued organic demand. Future growth relies on proximity to Wollongong and Sydney, while affordability and rate sensitivity remain the key constraints.
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PropCred Estimated Value
Comparable Sales: this townhouse previously sold for $1.72M | Property Price Band: $1.7M to $1.8M | Value Drivers: coastal-village location, modern presentation, compact land
Bedrooms
3
Bathroom
2
Parking
2
Land
206m²
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