3/21 Wirrabilla Drive, Toormina NSW 2452

Two-bedroom townhouse in high-ownership complex | 789m² land with balcony | Strong location near schools and amenities | Recent sale history shows price growth potential This property is positioned to appeal primarily to owner-occupiers, given the 80% ownership rate within the complex, which typically supports stable occupancy and quieter living conditions. The 789m² land holding is unusually generous for a townhouse and offers a rare edge in this price bracket. The upstairs layout with a master bedroom opening to a private balcony adds functional amenity that competing units in the area often lack. Its location near three schools and within a low-density complex strengthens the case for families or downsizers seeking long-term tenure. The recent jump from a 2024 sale price to the current listing reflects market appreciation, though the estimated value sits below the ask. The main risk is the listing price exceeding the estimated value by roughly 12%, which suggests the seller may have priced optimistically. Limited sales data for two-bedroom houses in Toormina makes it harder to benchmark accurately, and the 60% male demographic skew in the suburb may indicate a less diverse local economy. On the opportunity side, the high owner-occupier ratio reduces turnover risk and could support capital stability over time. A buyer who negotiates closer to the estimated value may secure a well-positioned townhouse with land upside and solid school catchment appeal.