A property in Warrawong has been sold for $910,000 just minutes before its scheduled auction, matching the suburb's median house value. The home at 8 Todd Street was purchased by a Sydney-based buyer who was attracted by its dual income potential.
The property sits on a 527-square-metre block with low to medium density zoning, offering potential for duplex development subject to council approval. The main residence features three bedrooms, a central bathroom, and an open-plan living area, while a separate granny flat at the rear includes two bedrooms and its own living space.
Selling agent Jordan Andonovski from The Agency Illawarra confirmed the sale occurred about an hour before the auction. According to Cotality, the median house value in Warrawong is currently $909,330, making the sale price almost exactly in line with the local market.
In a separate transaction, a home at 8 Thalassa Avenue in East Corrimal sold for $3.1 million after just 17 days on the market. The five-bedroom property features a designer kitchen, solar power, and a heated pool, with guest quarters downstairs. The median house value in East Corrimal is $1,484,289, according to Cotality.
