7B Gowrie Street, Cronulla NSW 2230

New-build prestige house in South Cronulla | 4 bed, 3 bath, pool, parking for 2 | Built 2023, sold $4.4m in March 2024 | Land size disputed between sources | Low rental yield around 2.5% This is a rare new-build house on the South Cronulla peninsula, finished in 2023 and positioned well above the typical local stock in age and quality. With four bedrooms, three bathrooms, a pool, and covered alfresco entertaining, it is configured for a premium family or downsizer lifestyle rather than investment yield. The modern build, combined with school catchment access and beach proximity, means it will appeal most to high-income owner-occupiers who value convenience and low-maintenance living over rental return. The reported sale price of $4.4 million reflects this positioning, and the property sits in a prestige pocket where demand is driven by lifestyle and scarcity rather than broad market trends. The main factor to weigh is the land size discrepancy, reported as either 495m² or 862m² depending on the source, which may affect how the property is valued relative to other houses in the area. A smaller land component could limit future subdivision or extension potential, while a larger figure would strengthen the land value argument. The low indicative yield of around 2.5% means the property may not suit investors seeking income, and the high entry price may narrow the buyer pool in softer market conditions. Checking the title directly is recommended before forming a firm view on price.