15 Cypress Cres, Cabarita Beach NSW 2488

3 beds | 2 baths | 4 car spaces | 465m² lot | bushfire overlay | solar panels | Cabarita Beach The property at 15 Cypress Cres presents a rare configuration edge in Cabarita Beach: 86% building coverage on a 465m² lot yields a substantial 402m² structure, which is unusually generous for a three-bedroom house. This makes it competitively strong for buyers seeking maximum internal space on a manageable block, particularly those prioritising a large home over sprawling land. The solar panels and reliable NBN and 5G coverage add practical value for remote workers or families wanting low ongoing costs. Its location within the Bogangar Public and Kingscliff High catchment, combined with no flood or heritage overlays, positions it well for owner-occupiers or investors targeting the family rental market, where demand remains consistent. The bushfire overlay is the primary risk, potentially increasing insurance premiums and imposing stricter landscaping or building maintenance requirements, which a buyer must factor into holding costs. However, the property’s last sale in 2015 at $1.95 million, against a current estimated value of $4.265 million, reflects strong capital growth in the area, and the lack of current listings suggests limited supply. The high building coverage limits outdoor space, which may deter buyers wanting a large yard, but it also reduces garden maintenance. For a buyer, this property works best as a hold for capital appreciation or as a high-yield rental, given the estimated rental range of $1,250 to $1,690 per week. Use it as a long-term family home or a passive investment in a tightening market