44 Rose Parade, Mount Pleasant NSW 2519
44 Rose Parade, Mount Pleasant NSW 2519
3-bed character home on 885m² | Elevated ocean/escarpment outlook | School catchment family demand | Sold $1.65M Feb 2026 | Limited local amenity
A rare 885 m² landholding is offered by this house, with a thoughtfully updated mid-century interior that preserves character details such as picture rails while delivering modern comfort. An elevated position is captured by the property, with ocean and escarpment views that are consistently valued in this tightly held pocket. The large block is used for outdoor entertaining, landscaped gardens, and a sense of space that is uncommon in standard suburban offerings. Owner-occupiers are best served by this property, especially families seeking proximity to Pleasant Heights Public School and Keira High School, as well as professionals wanting reasonable access to Wollongong CBD and the motorway. The combination of land, outlook, and updated character is placed above typical stock in the suburb.
The sale price is likely to be supported by the scarcity of view-oriented, large-block properties in this suburb, although that premium could be tempered by limited local retail and transport density. The older building footprint of 177 m² might be weighed against the substantial land component, and a modest gross rental yield is expected given the price point. Future changes to outlook or overshadowing, though not currently indicated, could influence long-term value.
>> Comparable Sales: 38 Rose Parade sold $915,000 in 2015, now estimated $1.96M; 6 Rose Parade sold $500,000 in 2008 | Property Price Band: $1.6M–$1.7M | Value Drivers: land size, ocean views, updated character condition
Detailed Independent Property Report prepared by PropCred Analyst team for 44 Rose Parade, Mount Pleasant NSW 2519
Checks found:
Value Risk
2
Liquidity Risk
1
Planning Risk
1
Income Risk
1
Execution Risk
1
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Market Insight
Mount Pleasant, in the Wollongong District, is a tightly held prestige market with a median house price of roughly $1.55 million and annual compound growth up to 24 percent. Demand is driven by established owner-occupiers, predominantly aged 40–49, with 52 percent holding mortgages and high household incomes; the typical weekly rent of $860 and a 2.1 percent gross yield reflect strong owner-occupier dominance over investors. Sales are limited-23 houses in the past year-but days on market average 62, pointing to balanced conditions. Recent price data show a 13.9 to 24 percent annual rise across sources, with the most recent median at $1.55 million. Future growth rests on continued buyer competition for scarce stock, but the price-to-income ratio of 9.2 times is a constraint, and affordability will likely temper upside.
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PropCred Estimated Value
Bedrooms
3
Bathroom
2
Parking
2
Land
885m²
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