3/33 Rawlinson Avenue, Wollongong NSW 2500

3 bedrooms | 2 bathrooms | townhouse | central Wollongong | near-new quality | rental demand strong This townhouse occupies a tight but well-configured 195-square-metre lot in a central Wollongong location, a market segment where supply of quality three-bedroom stock is constrained. The pairing of two bathrooms and a single car space suits professional couples or small families who prioritise low-maintenance living over land area. The estimated value cluster around one million dollars aligns with a buyer seeking modern finishes and walkability to Wollongong’s amenities, where comparable new-build townhouses trade at a premium over older stock. The $850 per week rental level signals genuine tenant demand, making this viable for an investor targeting stable cash flow from a high-demand suburb. The key risk is the absence of confirmed strata data or recent sale evidence, meaning the buyer must verify body corporate fees and any sinking fund obligations before committing. The 195-square-metre lot limits future extension potential, so the property’s value appreciation will depend on broader market movement rather than land uplift. For an owner-occupier, the central location and modern configuration provide immediate lifestyle utility, while an investor can treat the rental yield as a baseline return. Hold this property as a medium-term core holding in a diversified residential portfolio or as a long-term home, but do not expect significant capital growth from land scarcity alone.