149 River Street, South Murwillumbah NSW 2484

149 River Street, South Murwillumbah NSW 2484
4 bed 3 bath 4 car | Flood overlay exposure | River Street character pocket | $1,100/wk rent estimate | 2025 sale A rare configuration is offered by this four bedroom, three bathroom, four car dwelling, with the parking provision being uncommon for the area. A strong rental demand is indicated by the $1,100 per week estimate, and family appeal is supported by its placement in the Murwillumbah East and Murwillumbah High catchments. This property is best suited to long-term family occupation or as a high-yield rental, given the size and the character of River Street. The streetscape, where older homes sit alongside renovated houses, is considered a positive for value retention. Buyer confidence may be influenced by the flood overlay, and the property’s elevation or the presence of river views might be a significant price factor. The final price is likely to be shaped by condition, renovation quality, land size, and whether the dwelling sits on a single title. Careful consideration should be given to the unconfirmed floor level and aspect, as these elements may vary more than expected within the street.
Detailed Independent Property Report prepared  by PropCred Analyst team for 149 River Street, South Murwillumbah NSW 2484
Checks found:
Value Risk ! 1
Liquidity Risk ! 1
Planning Risk ! 1
Income Risk ! 1
Execution Risk ! 1
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Market Insight

South Murwillumbah presents as a tightly held, high-demand pocket within the Northern Rivers market. Demand is driven predominantly by owner-occupiers with mortgages, reflecting a cohort of committed, long-term residents rather than speculative investors. The suburb has experienced a pronounced upward price trajectory, with house values rising significantly over recent years, though the most recent quarter has introduced a sharp correction, signalling a market recalibrating after rapid gains. Future growth is supported by a critically low vacancy rate and constrained supply, with fewer listings year-on-year. However, the primary risk is affordability pressure, as current price guides sit well above recent transacted medians, potentially limiting buyer entry and slowing future turnover.
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PropCred Estimated Value

Comparable Sales: 96 River Street sold $255,000 in 2016 | Property Price Band: $1.1M–$1.2M | Value Drivers: condition, land size, flood-free elevation

Bedrooms

4

Bathroom

3

Parking

4

Land

1232m²

Research & Review Prepared by Brian Moon, Analyst · Reviewed by Matt Proctor, Principal Analyst
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