105A Palmers Channel North Bank Road, Palmers Island NSW 2463
105A Palmers Channel North Bank Road, Palmers Island NSW 2463
Rural-residential near Yamba | 3-bed low-set home | 1.16-acre parcel | Flood and bushfire overlays
This property offers a rare combination of a generous 4,687 m² rural-residential parcel within a 10-minute drive of Yamba, paired with a well-configured 3-bedroom, 2-bathroom home with 2-car accommodation. The 281 m² building footprint represents only 6% site coverage, leaving substantial usable land for a buyer seeking space, privacy, or future subdivision potential subject to council approval. The property serves best as a lifestyle upgrade for a family or downsizer wanting rural surrounds without sacrificing proximity to coastal amenities and reliable NBN connectivity.
The property carries two material risks: a flood overlay and bushfire overlay, both typical for low-lying coastal rural land, but which may constrain insurance costs and future development potential. The previous $1,000,000 sale in August 2024 and current market indications around $1.2M suggest recent appreciation, though the relisting in May 2026 warrants scrutiny of holding period and price expectations. A buyer should commission a flood risk assessment and confirm council’s long-term land-use plan for the area. The logical approach is to acquire for immediate residential enjoyment, with a medium-term view to hold for capital growth driven by Yamba’s expanding commuter and lifestyle demand, and to explore subdivision feasibility only after securing the property.
Detailed Independent Property Report prepared by PropCred Analyst team for 105A Palmers Channel North Bank Road, Palmers Island NSW 2463
Checks found:
Value Risk
Liquidity Risk
2
Planning Risk
2
Income Risk
2
Execution Risk
1
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Market Insight
Palmers Island is a tightly held rural enclave offering waterfront acreage with proximity to coastal Yamba. Demand is driven by buyers seeking substantial rural properties with deep-water access, creating a premium market. Recent price growth has been exceptionally strong, fueled by critically low available stock and a significant annual reduction in listings. Future growth is underpinned by its unique lifestyle proposition, but the extreme scarcity of supply presents a primary constraint for entry.
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PropCred Estimated Value
Bedrooms
3
Bathroom
2
Parking
2
Land
1.16 acres
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