37 Plumwood Cres, Cordeaux Heights NSW 2526
37 Plumwood Cres, Cordeaux Heights NSW 2526
Large 1654sqm block in quiet cul-de-sac | In-ground pool and outdoor area | 3-bedroom house with modern kitchen | Reverse cycle air conditioning throughout
The propertyโs primary buying case rests on its rare combination of a generous 1654sqm block in a quiet cul-de-sac, paired with an in-ground pool and outdoor entertaining area, which positions it strongly for families seeking space and lifestyle without leaving the Wollongong council area. The 3-bedroom layout with built-in robes and separate dining room offers practical family living, while the reverse cycle air conditioning and modern kitchen reduce immediate upgrade needs. This house serves best buyers who value a large, fully fenced yard and pool over a premium internal finish, and its quiet leafy setting adds a scarcity factor that supports long-term demand.
The main risk is the single bathroom, which may limit appeal to larger families or future resale in a competitive market, and the 1987 build requires careful inspection for maintenance on a block this size. Council and water rates at approximately $723 per quarter are manageable, but the rental estimate of $730โ$850 per week suggests a modest yield if held as an investment. The opportunity lies in the blockโs size for potential subdivision or future extension, subject to council approval, though no overlays indicate straightforward planning. Hold this property for its land value and lifestyle amenity, with a view to renovating or developing when market conditions allow.
Independent, Unbiased Research Report for this property by PropCred Analyst teamย
Market Insight:
Cordeaux Heights is a premium suburban pocket in Wollongong offering larger homes and elevated positioning. It attracts established families and upgraders. Demand is driven by lifestyle, schooling and limited supply. Scarcity supports pricing. Price growth is steady and above surrounding suburbs. It sits in the upper tier of Wollongongโs suburban market.