2A Seventh Avenue, Toukley NSW 2263

Waterfront on Budgewoi Lake | renovated kitchen and ensuite | double carport for cars or boats | flood overlay detected | strong suburb growth 14.2% The property’s absolute waterfront position on Budgewoi Lake, combined with a modern renovation and a double carport sized for boats, creates a rare configuration that commands a premium in a suburb where median house prices have risen 14.2% and owner-occupancy on the street is 85%. The inground pool and back veranda extend the living space toward the water, making this house a strong candidate for a buyer seeking a permanent coastal residence or a high-yield holiday let. The 822m² lot and low building coverage offer future flexibility, and the 5G coverage and NBN FTTP support remote work, broadening the buyer pool beyond retirees. Flood risk is the primary constraint, and it will narrow the lender pool and raise insurance costs, which must be factored into the offer price. The $1.4m–$1.5m asking sits well above the Domain mid-estimate of $1.08m, so a buyer should anchor due diligence on comparable waterfront sales and the cost of flood mitigation. The property suits a buyer who will occupy it long-term, using the lake access and boat storage as lifestyle anchors, and who can absorb the flood premium without relying on short-term resale.