North Nowra, NSW
FAIR VALUE5,200 sales · 36 years of data · NSW, Australia
North Nowra, NSW Property Market Overview
North Nowra, NSW, postcode 2541, presents a well-established property market with a substantial history. Located within the Shoalhaven region of New South Wales, it offers a mix of residential opportunities. With 36 years of recorded sales data, encompassing over 5,200 transactions, North Nowra provides a comprehensive dataset for analysing its property trends.
Currently, the median property price in North Nowra stands at $730,000 across all property types. Detached houses hold a slightly higher median of $738,000, while apartments offer a more accessible entry point with a median of $470,000. These figures illustrate the diversity within the North Nowra market, catering to a range of buyer preferences and budgets. The suburb's consistent sales volume and long-term data availability make it a compelling area for in-depth property market analysis.
Property Mix
Data You Can Trust
Every figure backed by NSW government sale records
What Subscribers See
A preview of the full analysis available for North Nowra
Top streets in North Nowra, NSW by median sale price
See which streets command the highest prices and how many sales back each ranking.
| # | Street | Median Price |
|---|---|---|
| 1 | Jamieson Rd | $732,500 |
| 2 | George Lee Way | $895,000 |
| 3 | Yurunga Dr | $1,200,000 |
| 4 | Condie Cres | $707,500 |
... and 158 more streets available
Subscribers also see:
- Street price per m² analysis
- Street annual growth rates (CAGR)
- Premium vs discount % comparison
Streets by price per square metre
Compare land and building value across streets — essential for finding underpriced pockets.
| # | Street | Median $/m² |
|---|---|---|
| 1 | Gleneagle Pde | $1,195/m² |
| 2 | Yurunga Dr | $1,395/m² |
| 3 | Mahogany Pl | $1,570/m² |
| 4 | George Lee Way | $1,598/m² |
... and more $/m² rankings
View full $/m² data →Fastest growing streets by median price
10-year compound annual growth rate (CAGR) by street — see which streets are outperforming the suburb.
| # | Street | 10yr CAGR |
|---|---|---|
| 1 | Page Ave | +7.9% |
| 2 | Page Ave | +7.8% |
| 3 | Harvey Pl | +7.6% |
| 4 | Judith Dr | +7.6% |
... and more street growth rates
See all growth rates →Past growth rates are not indicative of future performance. This data is for informational purposes only.
Building-by-building comparison
Compare individual buildings by price per sqm, median unit price, and sales volume. Identify which buildings are gaining or losing value relative to the suburb average.
View full building data →Flipper risk & hold period analysis
Properties resold within 2 years may signal problems — structural issues, noisy locations, or overpayment. See hold period distribution and flagged streets.
See flipper risk data →Settlement times & problem streets
Extended settlement times can indicate building defects, financing difficulties, or legal issues. See which streets have the longest settlement periods.
See settlement data →Density & development tracking
Track which streets are converting from houses to apartments. Understand how density is changing the suburb's character and property values over time.
See density trends →Unlock the full North Nowra analysis
162 streets and 9 buildings to explore
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North Nowra at a Glance
North Nowra, NSW
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Local Amenities
Living in North Nowra, NSW
Living in North Nowra offers a blend of suburban tranquility and access to essential amenities. Families are drawn to the area due to the presence of schools like North Nowra Public School and Nowra High School, providing educational options within the local community.
For shopping needs, residents have access to the North Nowra Shopping Centre and nearby Nowra CBD, offering a range of retail outlets and services. Recreational opportunities are plentiful, with parks like Bernie Regan Park and access to the Shoalhaven River providing spaces for outdoor activities. The suburb fosters a community-oriented vibe, with local events and initiatives contributing to a sense of belonging.
Public transport includes local bus routes connecting North Nowra to surrounding areas. The overall atmosphere in North Nowra is one of a friendly and established residential area, appealing to those seeking a balanced lifestyle.
Who Buys in North Nowra?
North Nowra attracts a diverse range of buyers, including families, first home buyers, and downsizers. The median house price of $738,000 makes it accessible to families seeking a detached home with a yard. The presence of schools and parks further enhances its appeal to this demographic.
The apartment median of $470,000 caters to first home buyers and downsizers seeking more affordable options. With only 5.0% of properties being strata title, the market is dominated by houses. The historical growth, with a 10-year CAGR of 7.2%, may also attract investors looking for long-term capital appreciation.
Market Analysis
The property market in North Nowra, as of early 2026, is currently assessed as being near its long-term trend, indicating fair value. This suggests that property prices are, on average, aligned with their historical performance when considering factors like economic conditions and local demand.
The cycle position reflects a market that isn't experiencing significant overvaluation or undervaluation. This can translate to a more stable environment for both buyers and sellers in North Nowra, where price fluctuations are likely to be more moderate. Understanding this cycle position is crucial for interpreting historical growth rates and potential future trends within the North Nowra property market.
Is North Nowra a Good Investment?
When considering the North Nowra property market, its historical growth patterns and current market position provide a valuable context. The suburb's 10-year CAGR of 7.2% demonstrates a consistent upward trend in property values. The full-period CAGR of 5.3% further reinforces the long-term growth trajectory of the area.
The current market position of North Nowra being near its long-term trend indicates fair value. This means that property prices are currently aligned with their historical norms, after accounting for economic factors. Factors that could be driving value in North Nowra include its desirable location within the Shoalhaven region, its access to amenities, and its established residential character. The suburb's blend of housing types and community atmosphere may also contribute to its ongoing appeal.
North Nowra Market Outlook
As of early 2026, the property market in North Nowra is showing stability, with the suburb positioned near its long-term trend. Recent price trends suggest a market that is neither experiencing rapid growth nor significant decline. The market conditions in North Nowra, as of early 2026, reflect a balanced state, potentially offering opportunities for both buyers and sellers navigating the market.
Streets & Location in North Nowra, NSW
North Nowra, situated within postcode 2541, features a variety of residential streets each with its own character. Among the streets with higher median prices are Illaroo Road, Walsh Crescent, and Pitt Street. These locations may offer unique amenities, larger block sizes, or desirable aspects contributing to their perceived value.
The location of North Nowra within the Shoalhaven region contributes to its appeal, providing access to both urban conveniences and the natural beauty of the surrounding area. The diversity in street characteristics and the overall location contribute to the multifaceted nature of the North Nowra property market.
Market Dynamics
Transaction patterns in North Nowra show an efficient settlement timeframe, with an average of 42 days between sale agreement and final settlement. This relatively quick turnaround indicates a streamlined process and potentially active market conditions.
Currently, data on quick-flip percentages is unavailable (N/A), meaning there isn't sufficient information to ascertain the prevalence of short-term property resales in North Nowra. Further analysis would be needed to assess the level of investor activity focused on rapid turnover within the suburb's property market.
Development & Density
North Nowra showcases a predominantly low-to-medium density residential landscape. The suburb features a mix of detached houses and some apartment complexes, reflecting a balance between traditional housing and increasing urbanisation. Currently, there are 9 apartment buildings within North Nowra, indicating a modest presence of higher-density living options.
The relatively low number of apartment buildings suggests that detached houses remain the dominant property type in North Nowra. This housing composition contributes to the suburb's overall character and influences the availability of different property options for potential buyers.
Growth & Property Mix
Historically, North Nowra has demonstrated consistent growth in property values. Over the past 10 years, the suburb has achieved a Compound Annual Growth Rate (CAGR) of 7.2%. Looking further back, the 20-year CAGR stands at 5.0%, while the full-period CAGR, spanning 36 years of data, is 5.3%.
The property mix in North Nowra leans towards detached houses, as evidenced by the higher median house price compared to apartments. Apartments constitute a smaller segment of the market, reflected in the 5.0% strata percentage. These factors offer context for understanding the historical performance and composition of the North Nowra property market.
All data on this page is sourced from NSW government property sale records. Market analysis, cycle positions, growth rates, and all other metrics are provided for informational purposes only and do not constitute financial, investment, legal, or property advice. Always seek independent professional advice before making any property or financial decisions.
This information is based on historical sales data and does not constitute financial, investment, or property advice. Past performance is not indicative of future results. Always consult a qualified professional before making property decisions.