4/110 Kembla Street Wollongong NSW 2500
4/110 Kembla Street Wollongong NSW 2500
3-bed boutique apartment | northerly aspect | 164sqm internal | 2-car garage | flood overlay
This property presents a competitively strong offering within the Wollongong apartment market, distinguished by its rare configuration and scale. A three-bedroom layout with two bathrooms and a double garage in a boutique complex of only four residences is a premium and uncommon combination, offering space and privacy typically reserved for houses. The generous 164 square metre internal area and northerly aspect enhance liveability. This unit best serves an owner-occupier seeking a low-maintenance, beachside lifestyle or an investor targeting a family rental demographic in a high-demand location close to schools and amenities.
The primary decision factor is the flood overlay, a tangible risk that necessitates specific due diligence on insurance costs and potential future resale constraints. The price guide sits notably above the estimated market value, demanding rigorous negotiation. For a buyer, the commercial logic lies in securing a spacious, well-located property in a tightly held complex. Proceed with a conditional offer contingent on a valuation and flood impact assessment; our property report provides the necessary framework for this, delivering precise real market valuation, locality risk profiling, and insurance feasibility checks.
Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ
Market Insight:
Wollongong presents a strategic coastal alternative to Sydney, with its market characterised by strong apartment activity and robust infrastructure investment. Demand is driven by population growth, migration from Sydney, and solid owner-occupier interest, underpinning a resilient rental market with tight vacancy. Recent price trends indicate a period of adjustment, favouring strategic, long-term investment over speculation. Future growth is supported by a diversified economy and continued development, though affordability variances across suburbs present a key consideration for buyers.