52 Wallaroy Drive, Burrill Lake NSW 2539
52 Wallaroy Drive, Burrill Lake NSW 2539
Renovated California bungalow | tight-hold coastal pocket | 3-bedroom with dual living potential | near Burrill Lake and beaches
This property presents a rare buying opportunity in a tightly held pocket of Burrill Lake, where fully renovated homes on 613mยฒ lots are uncommon. The California Bungalow style with high-end coastal finishes and lush tropical landscaping gives it a distinct edge over standard coastal stockโbuyers seeking a move-in-ready lifestyle retreat will find little comparable competition. The dual living potential from the layout and separate fire-pit area adds flexibility for families or those wanting guest accommodation. It serves best as a permanent coastal home or a high-yield holiday rental, given its proximity to beaches and local amenities.
The primary risk is the inconsistency in reported bathroom and bedroom counts across sources, which may affect valuation and buyer perceptionโa physical inspection is essential to confirm configuration. The estimated value range of $874,000 to $1,250,000 signals market uncertainty, but the April 2023 sale at $925,000 provides a solid floor. For a buyer, the opportunity lies in securing a fully renovated property without the cost and timeline of doing the work yourself. Hold it as a lifestyle property or rent at $530/week to offset holding costs while the area appreciates.
Independent, Unbiased Research Report for this property by PropCred Analyst teamย
Market Insight:
Burrill Lake is a coastal-lake suburb offering strong lifestyle appeal. It attracts retirees and holiday-home buyers. Demand is driven by water access and affordability compared to Ulladulla. Limited infrastructure constrains growth. Price growth is cyclical.