243 Turpentine Road, Tomerong NSW 2540
243 Turpentine Road, Tomerong NSW 2540
Dual-living acreage | 27.5 bushland acres | minutes to beach and highway | private creek and bore
This property’s primary buying case rests on its rare combination of two fully renovated dwellings on over 27 acres within commutable distance of Jervis Bay beaches and Nowra. The dual-living configuration is not an afterthoughtโboth residences are approved and finished, which removes the typical headache of council compliance and gives a buyer immediate flexibility for multigenerational living or rental income. The northerly aspect, in-ground pool, and extensive water infrastructure (bore, dam, five tanks, irrigation) make the land genuinely productive rather than just scenic. For a buyer seeking a self-sufficient lifestyle property with income potential and no flood or heritage constraints, this is competitively positioned.
The primary risk is the bushfire overlay, which will impose higher insurance premiums and may limit some future building or landscaping choices. The 1960 build date means the structures are renovated but not newโbuyers should budget for ongoing maintenance on older framing and services. The off-market status suggests limited competition but also less price transparency, so a buyer should commission independent valuation and pest/building inspections before negotiating. The minimal building coverage (under 1%) is an opportunity: there is room to add a shed, studio, or further subdivision if council permits allow. Hold this property as a dual-income lifestyle retreat or transition it to a boutique agritourism or short-term rental operation given its proximity to tourist areas.
Independent, Unbiased Research Report for this property by PropCred Analyst teamย
Market Insight:
This established suburb, anchored by a local primary school, caters predominantly to family households. Recent market conditions show a notable price correction, yet demand remains resilient with properties consistently selling above their initial asking price. This suggests a market driven by owner-occupiers seeking value, though the limited sales volume indicates a tightly held environment. Future growth will be contingent on broader economic factors and the suburb’s ability to attract new buyers.