14 Campbell Avenue, The Entrance NSW 2261

Large lot | near new | entry-level prestige | buyer pays premium for finishes | rental yield below 3% This property carries a specific buyer risk: the $1.78M list price reflects a premium for near-new construction and Masterton branding, but the 40% site coverage limits future subdivision potential, and the rental estimate of $1,100 per week implies a gross yield below 3.2%, which underscores a low income-return profile. The opportunity lies in securing a turn-key home in a coastal precinct with strong demographic demand from retirees and families, but it must be held for capital growth rather than cash flow. The prudent judgment is to treat it as a lifestyle hold, not a development flip. The competitive strength is the near-new build on a generous 695m² lot in The Entrance, where modern stock under 5 years old is rare—most nearby options are older or on smaller parcels. The 276m² floorplan with five bedrooms, a rumpus, and a study positions it well for multi-generational buyers or those needing a dedicated home office, while the balcony, deck, and fully fenced yard expand liveability for families. It serves best a buyer seeking a low-maintenance, high-spec home within walking distance to Tuggerah Lake and major retail, who can absorb a lower yield in exchange for long-term location scarcity. Comparable sales in nearby Blue Bay and Long Jetty average $1.23M to $1.33M, but those are older houses—this property’s near-new condition commands a premium of roughly $400k-$550k, which is defensible if the build quality and layout align with your needs, but not if you seek a bargain. Verify recent sales through an agent to confirm this gap’s justification.