42 Ogilvie Street, Terrigal NSW 2260
42 Ogilvie Street, Terrigal NSW 2260
Waterfront on Terrigal Lagoon | Rare level 1,379m² block | Five-bedroom grand-scale home | Tightly-held coastal pocket with strong demand character
This property offers a rare configuration advantage: a level waterfront block of over 1,370 square metres in a coastal pocket where such land is almost never available. The single-storey layout with soaring ceilings and flexible open-plan living serves families seeking both scale and accessibility, while the lagoon frontage provides a lifestyle edge that commands premium positioning. For a buyer, the key competitive strength is the land itself—level, deep, and waterfront—which is the primary constraint in this market. The five-bedroom, three-bathroom floorplan supports multi-generational or guest use without sacrificing privacy.
The primary risk is the absence of a recent sale price, meaning the buyer must rely on the estimated $3.2 million valuation against a 2014 purchase of $1.3 million—indicating strong appreciation but also potential for a premium ask in a low-supply market. The property is currently being marketed across multiple agencies, which may signal motivated selling or competitive tension. The buyer should verify the bedroom count discrepancy and confirm recent comparable sales in the immediate lagoon precinct. For a long-term hold, this property suits an owner-occupier seeking lifestyle and land banking; for an investor, the scarcity of similar listings supports capital growth, but rental yield will likely be secondary to appreciation. Hold for at least five years to realise the land value uplift.
Detailed Independent Property Report prepared by PropCred Analyst team for 42 Ogilvie Street, Terrigal NSW 2260
Checks found:
Value Risk
2
Liquidity Risk
Planning Risk
2
Income Risk
Execution Risk
2
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Market Insight
Terrigal is an established coastal suburb with a stable, family-oriented market underpinned by high outright home ownership. Demand is driven by mature professionals and families seeking long-term lifestyle appeal, supported by consistent sales activity. Recent conditions show divergent trends, with house values demonstrating resilience while the unit segment faces notable price adjustments and extended selling periods. Future growth is anchored in its enduring desirability, though the market exhibits sensitivity to broader economic conditions and affordability constraints at the premium end.
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PropCred Estimated Value
Bedrooms
5
Bathroom
3
Parking
2
Land
1379m²
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