2 Hill Street, Austinmer, NSW 2515

$1,350,000 - $1,450,000

House
Type
4
Bedrooms
2
Bathrooms
2
Parkings
765 mΒ²
Area

Published on Friday, August 21, 2026 ( See property details for 2 Hill Street, Austinmer, NSW 2515)

$1,350,000 - $1,450,000

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A rare coastal landholding in Austinmer offering immense renovation or development potential with ocean glimpses and prime location.

🏑 Property Highlights

  • Prime coastal location with ocean glimpses and easy beach access
  • Large 765sqm block in a highly desirable and tightly held village
  • Original cottage with significant renovation potential
  • Flexible layout including a separate two-bedroom flat
  • Close to amenities: beach, cafes, school, train station
  • Opportunity for renovation, knock-down rebuild, or development (STCA)

✨ Key Features

  • Built-in Robes
  • Fireplace
  • Garage
  • Open-Plan Living
  • Ceiling Fans
  • Waterfront / Views
  • Garden / courtyard
  • Freshly painted internally
  • Solid hardwood timber flooring
  • Easterly outlook
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2 Hill Street
Austinmer, NSW 2515
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Vertical aerial view β€” 2 Hill Street
2 Hill Street — Vertical Aerial  •  Austinmer, NSW 2515  •  Nearmap © 2026

Austinmer is a highly sought-after coastal village renowned for its stunning beaches, iconic ocean pools, and relaxed village atmosphere. It offers a family-friendly environment with excellent amenities, including cafes, local schools, and scenic coastal walks. The area provides a perfect blend of seaside living and convenient access to Sydney via train or motorway. Its tightly held community and natural beauty make it an ideal location for both lifestyle and investment. The proximity to Wollongong CBD further enhances its appeal for residents seeking a balanced coastal lifestyle.

What is the current condition of the property and what renovation work is needed?
The property is in original condition and requires extensive renovation throughout, offering a blank canvas for refurbishment or redevelopment.
Can I develop or rebuild on this site?
Yes, there is potential for knock-down rebuild or development of a duplex or dual occupancy (STCA), given the large land size and prime location.
What is the rental potential after renovation?
Once fully renovated, the property is expected to lease for approximately $1200 per week.
Are there any restrictions or approvals required for redevelopment?
Development would be subject to council approval and STCA (Subject To Council Approval) for duplex or dual occupancy plans.
What are the nearby amenities and lifestyle features?
The property is within walking distance to Austinmer Beach, ocean pools, cafes, local school, train station, and scenic coastal walks.
Are there any easements, zoning restrictions, or planning overlays that could affect redevelopment plans? Has the property been affected by any flooding or bushfire risks? Are there any existing or pending planning applications or development proposals nearby? What are the total costs involved in renovation or rebuilding, including permits and approvals? Is there any history of structural issues or defects in the existing building?

2 Hill Street, Austinmer, NSW 2515 - More Details

$1,350,000 - $1,450,000

Positioned in the heart of one of the Illawarra's most desirable and tightly held coastal villages, this original Austinmer cottage presents an increasingly rare opportunity to secure an entry level property in an outstanding lifestyle location.

Offered to the market in original condition, this is a true renovator's delight with enormous potential. Whether you choose to undertake a complete renovation, knock down and build your dream coastal home, or explore the potential for a duplex or dual occupancy development (STCA), the possibilities are compelling.

The existing residence comprises two bedrooms and sunroom on the upper level, together with a separate two-bedroom flat on the lower level, providing flexibility while plans for the property's future are considered.

There's no disguising the fact that the home requires extensive renovation throughout - but in a location like this, the land and position are the real prize.

Enjoy an easy five-minute walk to Austinmer Beach, village cafes, local school and train station, placing everything this sought-after coastal community has to offer virtually on your doorstep.

Renowned for its beautiful beaches, two iconic ocean pools and relaxed village atmosphere, Austinmer remains one of the region's most highly prized locations, particularly for families seeking a coastal lifestyle with convenient access to Sydney.

For buyers looking to enter the Austinmer market, renovators searching for their next project, or developers seeking a well-positioned site with future potential, this golden oldie represents land value in an exceptional location.

- Original family home on a large 765sqm block in prized location with ocean glimpses
- This property represents land value at entry level in the Austinmer market
- A blank canvas only limited by your imagination, requiring a full refurbishment from top to bottom or knock down and re-build
- High decorative ceilings, picture rails and solid hardwood timber flooring
- Freshly painted internally, open fire place, single car garage, plenty of storage
- Leafy outlook, old-fashioned terraced style garden beds with easterly outlook
- Moments from beach, ocean pools, school, Glastonbury Gardens and coastal walk
- Positioned at the beach end of Hill St, Austinmer train station is 50m away and the ever popular Moore Street General is a short 2 minute stroll
- Renovate. Rebuild. Redevelop. The opportunity is yours - and the location speaks for itself
- Note: This property is NOT rentable in its current condition. Once fully renovated it would lease for approx. $1200 per week
- One hour from Sydney via fast train service or M1 motorway, 20 minutes from Wollongong CBD

Type
House
Bedrooms
4
Bathrooms
2
Parkings
2
Area
765 mΒ²

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