143 Navala Avenue, Nelson Bay NSW 2315
143 Navala Avenue, Nelson Bay NSW 2315
Land parcel | 833 m² | Elevated coastal pocket | View potential | Redevelopment opportunity
This is a rare vacant landholding in a tightly held coastal enclave, where large elevated sites with water-view potential are increasingly scarce. The 833 m² block sits among quality modern homes and architecturally designed residences, with a north-easterly aspect and proximity to Dutchies Beach, the marina, and Nelson Bay’s amenities. It suits a buyer seeking a custom-built home in a premium setting, or a small-scale developer drawn to the area’s constrained supply and redevelopment pressure. The land’s size and position give it a distinct edge over typical suburban lots, making it a strong fit for owner-occupiers wanting to build their ideal coastal property.
Value may be shaped by the bushfire overlay detected in the immediate area, which could influence planning and insurance costs. The site’s elevated position and aspect may support water views, but the final outlook depends on how a future build is designed and positioned. The absence of flood or heritage constraints reduces risk, while the street’s low-density character and access to beaches and clubs support long-term desirability. Buyers should weigh the cost of site preparation and construction against the scarcity of comparable land in this pocket.
Detailed Independent Property Report prepared by PropCred Analyst team for 143 Navala Avenue, Nelson Bay NSW 2315
Checks found:
Value Risk
1
Liquidity Risk
2
Planning Risk
1
Income Risk
2
Execution Risk
1
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Market Insight
Nelson Bay, a coastal town, sees demand from older professionals (60-69; $78k-$130k) drawn by beach access, schools, amenities and tourism/rental potential. Price data diverge: property.com.au reports a $1,112,500 median house with 5.0% compound growth; other sources cite $1,050,000 flat or $945,000 year-to-date. Units are $700k-$705k, up 1.5%. Houses list 41 days on average; annual sales are limited (98-109). Future growth relies on tourism, renovation and rental demand, but coastal premiums and record spring listings in the broader market constrain upside.
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PropCred Estimated Value
Comparable Sales: 5B Navala Avenue sold $595,000 in 2020; 145 Navala Avenue sold April 2021 on 809 m² | Property Price Band: $700K–$800K | Value Drivers: Land size, view potential, redevelopment opportunity
Bedrooms
5
Bathroom
3
Parking
2
Land
833m²
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