2 Bowman Close, Bulli NSW 2516
2 Bowman Close, Bulli NSW 2516
4-bed family house | 455m² parcel | Bulli foothills setting | strong family-home profile | coastal-suburb demand
This property presents a classic coastal-family configuration, with four bedrooms, two bathrooms, and double parking arranged on a compact 455m² block. That format is well matched to Bulli’s established residential character, where detached houses on mid-sized lots form the backbone of local stock. The house is likely to appeal most to families seeking a practical, low-maintenance footprint close to schools, parks, and village amenities, without the upkeep demands of larger acreage. Its position within a quiet court-style street adds privacy and a slower pace, which tends to strengthen buyer interest among those prioritising neighbourhood feel alongside everyday convenience.
The property’s value may be shaped by its internal condition and layout efficiency, as no renovation or finish details are confirmed. A dated interior could place it below the premium end of the local market, while a well-presented home might justify stronger interest. The 455m² land size limits expansion potential compared to larger blocks, so buyers focused on outdoor space or future additions may weigh that constraint. Proximity to Bulli Public School and the foothills lifestyle supports steady demand, though the absence of notable views or premium acreage may keep it within the standard family-home bracket rather than the prestige tier.
Detailed Independent Property Report prepared by PropCred Analyst team for 2 Bowman Close, Bulli NSW 2516
Checks found:
Value Risk
2
Liquidity Risk
1
Planning Risk
Income Risk
Execution Risk
2
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Market Insight
Bulli, a coastal suburb within easy reach of Wollongong, has posted a median house price of $1,775,000, with annual capital growth of 21.99% according to one series, and 19.9% on a slightly lower median of $1,750,140 from 88 sales. Longer-term, values have risen 114.5% from $725,000 in 2015 to $1,555,000 in 2025. Demand is led by professionals aged 40–49, with population up 11.35% since 2016 and household incomes broadly high. The driver is constrained supply against strong appetite for coastal living near Wollongong. Market conditions show modest turnover—95 sales in the past year—and variable absorption: 39 days for 3-bedroom houses versus 110 days for 5-bedroom. Weekly rents range from $740 for 3-bedroom to $1,000 for 5+ bedroom houses. Future growth rests on continued supply limits; the key constraint is affordability at these prices, with no unit or vacancy data available to broaden the picture.
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PropCred Estimated Value
Comparable Sales: 4 Bowman Close sold $1.645M; similar 4-bed homes in Bulli around $1.5M–$1.7M | Property Price Band: $1.4M–$1.5M | Value Drivers: condition, land size, layout, street appeal
Bedrooms
4
Bathroom
2
Parking
2
Land
455m²
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