28 Wellington Drive Balgownie NSW 2519

28 Wellington Drive Balgownie NSW 2519
Recent sale at $1.55m | Dual-level family home | Private bush-backed position | Strong escarpment appeal This four-bedroom dual-level house on a 725 square metre block in Balgownie represents the type of established family property that appeals to buyers seeking leafy, low-density residential character without significant urban density. The property’s defining attribute is its position at the end of a cul-de-sac with direct bush reserve access behind, creating a rare sense of privacy and environmental buffer that elevates its appeal beyond standard suburban blocks. The dual-level design with multiple living areas—sunken lounge, formal dining, and separate upper balcony—offers flexible layout options for families managing different activity zones, while the north-facing aspect and escarpment views provide practical amenities that tend to sustain long-term owner satisfaction. Land size at 725 square metres places this property in the mid-to-upper range for the locality, offering reasonable scope for established gardens and outdoor entertaining without carrying the holding costs of significantly larger acreage. The recent sale in September 2025 at $1.55 million positions this as a mid-tier holding within Balgownie’s residential market. Properties of comparable size and condition in this suburb have demonstrated consistent demand from owner-occupier families rather than investor activity, suggesting the market values the lifestyle attributes—proximity to schools, village amenities, and reserves—over pure capital growth mechanics. The inclusion of solar power (6.9kw), ducted vacuum, and workshop-plus-cellar configuration indicates previous ownership invested in practical upgrades that typically appeal to long-term residents. Properties with bush backing and low rear neighbour density in established foothills suburbs tend to show resilience during market softness, as these locational qualities remain relatively scarce and are difficult to replicate through renovation alone.
Detailed Independent Property Report prepared  by PropCred Analyst team for 28 Wellington Drive Balgownie NSW 2519
Checks found:
Value Risk ! 1
Liquidity Risk 2
Planning Risk ! 1
Income Risk 2
Execution Risk ! 1
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Market Insight

Balgownie is a premium suburb on Wollongong’s northern fringe, known for its village feel and proximity to the escarpment. It attracts professionals and families seeking lifestyle with access to the CBD. Demand is driven by limited supply, character housing and strong owner-occupier appeal. Scarcity is a key driver of price resilience. Price growth has been strong and consistent. It sits in the upper tier of the Illawarra market.
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PropCred Estimated Value

Bedrooms

4

Bathroom

2

Parking

2

Land

724.7m²

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