4/1A Shorland Place, Nowra NSW 2541

4/1A Shorland Place, Nowra NSW 2541
2-bed unit, 74 m² | Nowra’s quiet pocket | flood overlay flagged | tight rentals | long-term owners Built in 1996 to a modest, low-maintenance standard, this 2-bedroom apartment offers a compact 74 m² layout that serves first-home buyers and investors well. Demand in Nowra is supported by a reported 0.86% vacancy rate, and the complex benefits from a stable owner-occupier history, with average tenure over nine years. The unit sits in a quiet, private pocket, with some sections of the complex adjacent to Lyrebird Park, giving it a more established neighbourhood feel than newer infill product. This is best understood as an affordable entry point into the Nowra property market, not a premium or high-growth play. Flood overlay exposure may affect insurance costs and resale perception, so council flood levels should be reviewed before purchase. Condition may vary within the complex; some units are updated, others retain original finishes. Floor level and aspect may influence light, privacy and ultimately price. The 1996 build and 74 m² footprint might be seen as limiting when compared to newer or larger stock.
Detailed Independent Property Report prepared  by PropCred Analyst team for 4/1A Shorland Place, Nowra NSW 2541
Checks found:
Value Risk 2
Liquidity Risk ! 1
Planning Risk 2
Income Risk 2
Execution Risk ! 1
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Market Insight

Nowra presents as an affordable coastal market with a diverse demographic base, including a significant proportion of renters and older residents. Demand is driven by this established local population, particularly service and trade workers, supported by strong recent unit price growth. The housing market shows steady price appreciation with balanced supply, evidenced by moderate days on market. Future growth is underpinned by sustained sales activity and relative affordability, though its appeal remains sensitive to broader economic conditions influencing its core demographic.
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PropCred Estimated Value

Comparable Sales: 2/1A Shorland Place sold $360,000 in Sep 2025; 1/4 Shorland Place sold $320,000 | Property Price Band: $300K–$400K | Value Drivers: renovation state, floor level, flood overlay exposure

Bedrooms

2

Bathroom

1

Parking

1

Land

2759m²

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