South Nowra experiencing biggest jump in stock
South Nowra, a suburb of Nowra in the Shoalhaven in New South Wales, has been ranked as having the nation's biggest stock increase.
Its sales stock has grown by 252%, from 23 houses this time last year to its current 81 offerings, according to Investar.
It suggests postcode 2541's median house price sits at $566,000, with 14.3% growth over the past year.
Its median rent sits at $430 per week, which has increased 7.5% over the past year.
The rental yield sits at 4%.
A South Nowra four bedroom house has been recently sold for $496,010 (pictured below).
It was sold by Jacqui Grapp from Raine&Horne on May 31.
Situated at 7 Barbata Grove (pictured above), the home on a 700 square metre block comes with four bedrooms, open plan kitchen and dining, lounge area and double garage.
Other features including outside access via sliding doors, timer laminate flooring and rear yard access for the boat.
Another Caladenia Crescent four bedroom was sold for $555,000 by Megan Liddicoat and Scott Baxter from Ray White on April 30.
It was last traded for $181,500 in 2016 (pictured below).
Located within the Green Orchid estate, the 50 Caladenia Crescent home comprises of four bedrooms, gourmet kitchen, and open plan living and dining.
Nestled on a 660 square metres, the rear yard is level and freshly turfed with double gates providing side access for boats, caravans and trailers, plus a rear garden shed/ workshop.
A South Nowra offering currently on the market is a four bedroom house priced at $525,000 (pictured below)
It was listed by Peter Russell and Ashleigh Beaufils from Integrity Real Estate.
Positioned on a 458 square metre block, the 52 Basil Street house contains four bedrooms, separate lounge room, dining and living, and double garage.
It is located just a short stroll to the local park and a short drive to shops and medical.
Another South Nowra four bedroom house has been listed for $545,000 to $565,000 (pictured below).
It is offered by Bohdan Brumerskyj from Professionals Clyde Poulton Real Estate.
Located at 25 Terralla Grove, the house features four bedrooms, kitchen with gas cooking, three well-sized living areas and two-car electric door garage.
It is only minutes from the centre of Nowra, and close to schools, sporting facilities and state forests.
