20 Parramatta Street, Nowra NSW 2541

20 Parramatta Street, Nowra NSW 2541
1960 single-level house on 714sqm lot | 4-car parking edge in established street | family school catchment appeal | no detected overlay constraints | floorboards and fully fenced block This house is positioned on a larger-than-typical lot for an established Nowra street, and its four-car parking is considered a rare configuration edge. The single-level 1960 build with floorboards and full fencing is presented as immediately functional, with a recorded 211m² building footprint that provides generous interior space for three bedrooms. The school catchment for Nowra East and Shoalwell High is noted as a family draw, and the absence of bushfire, flood, or heritage overlays reduces regulatory constraints. It is best suited to family buyers or those seeking standalone space with connectivity, as NBN FTTP and 5G are already in place. The 1960 build may require updates to kitchens, bathrooms, or systems, which should be factored into any offer. The street’s recent transaction activity is noted as supporting a rental yield, though local demand and vacancy trends would need inspection. The lot’s size and lack of overlays might allow for future adjustments, but this potential is not confirmed. Ongoing maintenance for an older dwelling could affect holding costs, though the solid structure and single-level configuration are seen as durable.
Detailed Independent Property Report prepared  by PropCred Analyst team for 20 Parramatta Street, Nowra NSW 2541
Checks found:
Value Risk ✕ 2
Liquidity Risk ✓
Planning Risk ✕ 2
Income Risk ✓
Execution Risk ! 1
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Market Insight

Nowra presents as an affordable coastal market with a diverse demographic base, including a significant proportion of renters and older residents. Demand is driven by this established local population, particularly service and trade workers, supported by strong recent unit price growth. The housing market shows steady price appreciation with balanced supply, evidenced by moderate days on market. Future growth is underpinned by sustained sales activity and relative affordability, though its appeal remains sensitive to broader economic conditions influencing its core demographic.
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PropCred Estimated Value

Bedrooms

3

Bathroom

1

Parking

4

Land

714m²

Research & Review Prepared by Brian Moon, Analyst · Reviewed by Matt Proctor, Principal Analyst
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