9 Barnes Street, Woolgoolga NSW 2456

9 Barnes Street, Woolgoolga NSW 2456
Secure, level block | three-tiered privacy | walkable Woolgoolga | renovated interior | strong rental yield. This property presents a rare combination of a fully fenced, three-tiered block with a renovated interior, placing it well above the typical Woolgoolga offering. The 179mยฒ floorplan, with its oversized main bedroom and dedicated deck space, is configured for families or couples seeking low-maintenance coastal living with immediate amenity access. Its 28% building coverage and 640mยฒ lot provide a genuine edge in a market where outdoor space is increasingly valued. The property is best suited to owner-occupiers wanting a turnkey home or investors targeting the reliable $650โ€“$780 per week rental bracket, supported by 69% owner-occupancy in the street. The primary risk is the $875,000 list price, which sits near the upper bound of the $740kโ€“$910k estimated range and above the suburb median of $845k. This premium requires justification through the renovation quality and the blockโ€™s privacy features, which are not fully captured by comparable sales. The 68% appreciation since 2021 is a market tailwind, not a repeatable one. The opportunity lies in negotiating toward the $820kโ€“$850k zone, where the rental yield (3.3โ€“3.6%) and growth profile (4.9% suburb growth) align. Hold for at least five years to capture further coastal demand, or lease immediately to offset holding costs.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 9 Barnes Street, Woolgoolga NSW 2456
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Market Insight:

Woolgoolga is a mature coastal suburb with a stable, established demographic profile. Demand is primarily driven by long-term residents and downsizers, supported by sustained historical performance. Recent market conditions show a softening in house prices, though unit values have demonstrated resilience. Future growth is underpinned by its coastal appeal and consistent demand, yet the market faces headwinds from recent price adjustments and increased stock levels.
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PropCred Estimated Value

Bedrooms

3

Bathroom

2

Parking

1

Land

640mยฒ

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