Shell Cove, NSW

FAIR VALUE

4,844 sales · 25 years of data · NSW, Australia

$1,450,000
Median (All)
$1,500,000
Median (Houses)
$1,160,000
Median (Apartments)
8.0%
10yr CAGR
10.4%
25yr CAGR
8.8%
Strata %
25 years of data · 4,844 sales analysed · 2,500+ suburbs · Updated weekly

Shell Cove, NSW Property Market Overview

Shell Cove, NSW, 2529, is a coastal suburb that has seen significant property market activity over the past 25 years. AusPropertyInsights.app data reveals a total of 4,844 recorded sales during this period, painting a picture of a dynamic and evolving property landscape. The current median property price (all types) in Shell Cove sits at $1,450,000, reflecting its desirability and coastal appeal.

With a current median house price of $1,500,000 and a median apartment price of $1,160,000, Shell Cove offers a range of property options. This mix contributes to the suburb's diverse community and attracts a variety of buyers. The suburb's strong historical growth, combined with its coastal location, makes it a noteworthy area within the broader NSW property market.

Currently fair value
Relative to the long-term price trend line
$500K invested 10yr ago → $1,079,462
Based on the 10-year compound annual growth rate of 8.0%
Predominantly houses9% apartments
91% of sales are houses and other non-strata properties
Loading chart...

Property Mix

91%
Houses 91%$1,500,000Apartments 9%$1,160,000

Data You Can Trust

Every figure backed by NSW government sale records

7 million+
verified sale records
2,500+
NSW suburbs covered
25 years
of market history
Weekly
NSW Gov. data updates

What Subscribers See

A preview of the full analysis available for Shell Cove

Street Rankings

Top streets in Shell Cove, NSW by median sale price

See which streets command the highest prices and how many sales back each ranking.

#StreetTypeSalesMedian Price
1Ragamuffin CctHouse7$1,725,000
2Lapwing AveApartment6$1,772,500
3Wharf PdeHouse8$1,580,000
4The Promontory DriveApartment8$1,867,500

... and 144 more streets available

Subscribers also see:

  • Street price per m² analysis
  • Street annual growth rates (CAGR)
  • Premium vs discount % comparison
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Price per m²

Streets by price per square metre

Compare land and building value across streets — essential for finding underpriced pockets.

#StreetTypeSalesMedian $/m²
1Quayside AveApartment7$9,286/m²
2The Promontory DriveHouse18$6,090/m²
3Lapwing AveApartment6$10,303/m²
4Cormorant WayHouse3$6,555/m²

... and more $/m² rankings

View full $/m² data
Growth Rates

Fastest growing streets by median price

10-year compound annual growth rate (CAGR) by street — see which streets are outperforming the suburb.

#StreetType10yr CAGR
1The Island CourtHouse+8.2%
2Dampier CresHouse+9.7%
3Ragamuffin CctHouse+8.7%
4Shallows DrHouse+10.7%

... 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 Analytics

Building-by-building comparison

117
apartment buildings analysed
#AddressSalesMedian$/m²
158 The Promontory Drive3$1,675,000$10,806/m²
29 Marina Dr7$1,700,000$9,253/m²
315 Cormorant Way9$1,170,000$9,380/m²
410 Waterfront Prom9$2,700,000$12,821/m²

... and 113 more buildings

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
Risk Indicator

Flipper risk & hold period analysis

Available with full access
 

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
Risk Indicator

Settlement times & problem streets

75
average days to settlement

Extended settlement times can indicate building defects, financing difficulties, or legal issues. See which streets have the longest settlement periods.

See settlement data
Suburb Change

Density & development tracking

9%
apartments across 117 buildings

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

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148 streets and 117 buildings to explore

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3 street rankings
All 148 streets ranked
Cycle chart preview
Full chart — all years
Basic median prices
Price per m² by street
Suburb-level growth only
10-year CAGR by street
Building count only
117 buildings compared
Summary stats only
Flipper risk + settlement data

Based on 4,844 verified property sales across 25 years · Last updated: February 2026

Trusted by 100+ property investors across NSW

Shell Cove at a Glance

Region
Illawarra
CBD Distance
100km south of Sydney CBD
Train Station
Shellharbour Junction Station (South Coast Line)
Council
Shellharbour City Council
Property Character
Coastal residential with modern marina development
Community
Families and retirees seeking a coastal lifestyle

Shell Cove, NSW

Map data © OpenStreetMap contributors

Local Amenities


Living in Shell Cove, NSW

Living in Shell Cove offers a relaxed coastal lifestyle with access to various amenities. The suburb is home to Shell Cove Public School and is close to other educational institutions in the Shellharbour area.

Residents can enjoy shopping at the Shellharbour City Centre, which provides a wide range of retail and dining options. Parks and recreational areas, such as the Shell Cove Marina, offer opportunities for outdoor activities. The suburb is well-connected by bus routes, although a direct train station isn't located in Shell Cove itself. The community vibe is family-friendly and appeals to those seeking a coastal lifestyle.

Shell Cove is known for its beautiful beaches and the Shellharbour South Beach. The area provides both a peaceful retreat and convenient access to larger commercial centres, making it an attractive place to live.


Who Buys in Shell Cove?

Shell Cove attracts a diverse range of buyers, including families, downsizers, and professionals. The mix of houses and apartments, with strata-titled properties accounting for approximately 8.8% of the market, caters to different needs and preferences.

The median property price of $1,450,000 suggests that Shell Cove appeals to those with a solid financial standing. The suburb's historical growth, with a 10-year CAGR of 8.0%, may also attract investors seeking long-term capital appreciation. Shell Cove is a desirable area for those seeking a coastal lifestyle and a strong community.

Market Analysis

According to AusPropertyInsights.app, Shell Cove's property market is currently near its long-term trend, indicating fair value. This cycle position suggests that property prices are generally aligned with their historical performance and underlying market fundamentals.

Being near its long-term trend means that Shell Cove's property values are neither significantly overvalued nor undervalued, as of early 2026. This can provide stability for both buyers and sellers, as the market isn't experiencing extreme volatility. This position is based on an analysis of historical sales data and price trends over the past 25 years in Shell Cove.


Is Shell Cove a Good Investment?

Shell Cove's property market has demonstrated consistent growth over the long term, with a 10-year CAGR of 8.0% and a full-period CAGR of 10.4% over 25 years. This historical performance indicates the suburb's potential for value appreciation. The current cycle position, which is near its long-term trend, suggests a stable market.

Property values in Shell Cove are driven by its coastal location, lifestyle amenities, and community character. The suburb's proximity to beaches, parks, and shopping centres makes it an attractive place to live. Whether Shell Cove is a 'good investment' depends on individual financial goals and risk tolerance. The data shows that Shell Cove has a history of stable growth, but potential buyers should conduct their own research and consult with financial professionals before making any decisions.


Shell Cove Market Outlook

As of early 2026, Shell Cove's property market is positioned near its long-term trend, indicating fair value. This suggests that property prices are generally aligned with their historical performance. Recent price trends reflect the overall stability of the market.

While there may be fluctuations in the short term, the long-term outlook for Shell Cove remains positive, based on its coastal location and community appeal. The suburb's historical growth rates and current market conditions provide a foundation for future value appreciation.

Streets & Location in Shell Cove, NSW

Located in the 2529 postcode, Shell Cove boasts a diverse range of properties. Key streets, based on median property prices, include LAPWING AVE, WHARF PDE, and RED SANDS AVE. These streets often feature premium properties and desirable locations within the suburb.

Shell Cove is a coastal suburb, known for its proximity to the ocean and Shellharbour. With a total of 148 streets, the suburb offers a variety of residential settings, from beachfront properties to quieter residential areas.

Market Dynamics

Property transactions in Shell Cove typically take around 75 days to settle, reflecting a standard timeframe for the NSW property market. This settlement period allows for due diligence and financial arrangements to be completed.

Currently, data regarding quick-flip percentages in Shell Cove is not available. Further analysis may be required to assess the level of short-term investment activity in the suburb.

Development & Density

Shell Cove features a mix of housing types, including houses and apartments. The suburb has 117 apartment buildings, contributing to its overall density. This development density provides diverse housing options for residents.

The composition of Shell Cove's housing market is influenced by its coastal location and growing popularity. The balance between houses and apartments caters to a range of lifestyles, from families seeking larger homes to individuals preferring apartment living. As of early 2026, further development is ongoing.

Growth & Property Mix

Shell Cove has demonstrated robust historical growth, with a 10-year Compound Annual Growth Rate (CAGR) of 8.0% and a 20-year CAGR of 7.8%. Over the full data period of 25 years, Shell Cove has experienced a CAGR of 10.4%. These figures highlight the suburb's long-term potential.

The property mix in Shell Cove includes both houses and apartments, with approximately 8.8% of properties being strata-titled apartments. This blend of housing types caters to different lifestyle preferences and investment strategies.

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.

Frequently Asked Questions about Shell Cove, NSW

What is the median property price in Shell Cove?
As of early 2026, the median property price for all property types in Shell Cove is $1,450,000. For houses, the median price is $1,500,000, while apartments have a median price of $1,160,000, reflecting the variety of housing options available.
Is Shell Cove overvalued or undervalued?
According to AusPropertyInsights.app data, Shell Cove's property market is currently near its long-term trend. This indicates that the market is at fair value, neither significantly overvalued nor undervalued.
How has the Shell Cove property market performed over 10 years?
Over the past 10 years, the Shell Cove property market has shown strong growth, with a Compound Annual Growth Rate (CAGR) of 8.0%. This historical growth highlights the suburb's potential for long-term value appreciation.
What percentage of Shell Cove is apartments vs houses?
Apartments make up a portion of the property market in Shell Cove, with approximately 8.8% of properties being strata-titled apartments. The remaining percentage consists primarily of houses, reflecting a mix of housing options.
Where is Shell Cove in the property cycle?
As of early 2026, Shell Cove's property market is near its long-term trend, indicating fair value. This means that property prices are generally aligned with their historical performance and underlying market fundamentals.
What schools are near Shell Cove?
Shell Cove is home to Shell Cove Public School, providing education for primary school students. Several other schools are located in the surrounding Shellharbour area, offering a range of educational options for families.
What is Shell Cove like to live in?
Shell Cove offers a relaxed coastal lifestyle with access to beaches, parks, and shopping centres. The community is family-friendly, and the suburb provides a mix of housing options, making it an attractive place to live.
Is Shell Cove good for families?
Shell Cove can be a great place for families, offering access to schools, parks, and recreational areas. The suburb has a family-friendly community and a mix of housing types, catering to different family sizes and needs.
How far is Shell Cove from Sydney CBD?
Shell Cove is located approximately 100 kilometres south of the Sydney CBD. While it's a considerable distance, the suburb is accessible via the South Coast railway line from Shellharbour Junction Station and the Princes Highway.
What transport options are in Shell Cove?
Shell Cove is serviced by bus routes connecting it to surrounding areas. The nearest train station is Shellharbour Junction Station on the South Coast Line. The suburb is also accessible via the Princes Highway, providing road access to Sydney and other regional centres.
How does Shell Cove compare to nearby suburbs?
Shell Cove's median property price of $1,450,000 is comparable to other coastal suburbs in the Illawarra region. Growth rates in Shell Cove have been strong, similar to trends seen in neighbouring areas.
Is Shell Cove a good first home buyer suburb?
Shell Cove offers a mix of housing options, including apartments with a median price of $1,160,000, which may be accessible to some first home buyers. However, the overall median property price of $1,450,000 suggests that affordability may be a challenge for some first-time buyers.
What are the best streets in Shell Cove?
Based on median property prices, some of the top streets in Shell Cove include LAPWING AVE, WHARF PDE, and RED SANDS AVE. These streets often feature premium properties and desirable locations within the suburb, but full street data is available for premium subscribers.
How many properties have been sold in Shell Cove?
Over the past 25 years, a total of 4,844 property sales have been recorded in Shell Cove. This indicates a dynamic and active property market within the suburb.
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