Back 23 Matthews Drive
Off Market

23 Matthews Drive

Mount Warrigal NSW 2528

5
3
2
147 m²
664 m²
House
Ali YagmurAli Yagmur, last sold this property on 15 August 2025 after 182 days on market.

Overview

VERSATILE 5 BEDROOM STUNNER WITH EXCELLENT RENTAL RETURN OF $83,200 P/A

Domain Illawarra is proud to offer a rare opportunity to secure an expansive, fully renovated, double-brick residence in one of Mount Warrigal's most sought-after streets. This versatile 5-bedroom property caters perfectly to large or extended families, offering multiple self-contained living spaces under one roof, each thoughtfully designed for privacy, comfort, and independence with the potential to convert to a 6 - 7 bedroom property. Whether you're accommodating multi-generational living arrangements or seeking a high-performing investment with a combined rental return of $1,600 per week, this home is tailored for flexibility and future growth. The elevated setting provides commanding ocean & mountain views, while the location ensures unbeatable convenience to Lake Illawarra, schools, shops, public transport, and more. Boasting updated electrical systems, solar panels, new blinds, and polished floors throughout, this home has been meticulously renovated to meet modern standards. With three distinct living zones, each with its own entry and amenities, it provides the ideal layout for blended families, in-laws, adult children, or guests seeking their own space. This 5-bedroom masterpiece is currently utilised as 3 tenancies, bringing in an excellent return of $83,200 per annum. The first unit upstairs is a spacious 2-bedroom layout with built-in wardrobes. Polished timber floors, a contemporary kitchen, and a generous enclosed sunroom capturing sweeping ocean views. An updated bathroom with a separate toilet and a dedicated undercover carport. The second Unit is split over two levels and offers a private retreat. It features 2 bedrooms; the main with walk-in robe and the second with built-in wardrobes and a private balcony with ocean views. A sleek kitchen and bathroom, timber floors, and a large balcony framed with glass balustrades to showcase panoramic ocean and mountain vistas. As well as dedicated off-street parking. Unit 3 boasts a stylish 1-bedroom haven with a built-in wardrobe, tiled flooring throughout and a brand new kitchen. An internal laundry is integrated with the functional bathroom. The property's location provides a peaceful yet connected lifestyle, with easy access to the foreshore, shopping precincts, public transport, and major roads. With the area continuing to see strong growth and increasing demand for flexible living arrangements, this is an opportunity suited to both savvy investors and large families alike. Whether you're looking to diversify your portfolio or accommodate a large family with separate living areas, this is an opportunity not to be missed. Disclaimer: At Domain Illawarra Real Estate, we strive to provide accurate information in our marketing materials based on details supplied by our Vendors. However, we cannot guarantee the complete accuracy of this information. Therefore, Domain Illawarra Real Estate does not make any representation, statement, or warranty regarding the complete accuracy of the details shared. We strongly advise potential buyers to undertake their own due diligence when considering a property purchase. Please note that all photographs, maps, and images are for marketing purposes and are representative only.

Features

5 bedrooms
3 bathrooms
2 carspaces
147 m² floor area
664 m² lot size
House

Estimated Value

Based on this property and similar 5 bedroom houses sold in Mount Warrigal over the last 12 months, the estimated median property value of 23 Matthews Drive is $1.14m.

Median value
$1.14m
Estimated value range
$930k - $1.25m
Median days on market
45
Estimated value trend
6%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Mount Warrigal. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 23 Matthews Drive

2025
Sold
Undisclosed
Private Sale/Treaty on 15 Aug 2025 by Ali Yagmur, of Domain Illawarra Real Estate
2022
Sold
$870,000
04 Nov 2022 by Ashley-John Hatch, of Ray White Shellharbour City

Happy sellers in Mount Warrigal

89%
89% of sellers in Mount Warrigal reported that their sale price either exceeded or met their price expectations.

Mount Warrigal stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 7 reviews in Mount Warrigal over the last 12 months.

Local market activity for 5 bedroom houses in Mount Warrigal

In the last 12 months, 5 five-bedroom houses similar to 23 Matthews Drive, have been sold.

This represents a 34% increase in five-bedroom houses sales when compared to the previous 12 months.

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