53 Leumeah Street, Sanctuary Point NSW 2540
53 Leumeah Street, Sanctuary Point NSW 2540
Quiet street position | mix of houses and low-maintenance homes | strong rental demand | reserve outlooks nearby | mid-range price point for the area
This property sits within a street that offers a practical blend of detached houses and smaller strata homes, making it suitable for a range of buyers. The area attracts first-home buyers, downsizers, and investors, drawn to a peaceful residential setting with access to natural bushland and Paradise Beach Reserve. For a buyer seeking a solid entry into the local market, this location provides a balanced lifestyle with reasonable rental yield potential, and the street’s mixed stock suggests flexibility in what might be achieved here.
Value may be shaped by the property’s exact configuration and land size, which could vary significantly given the street’s mix of larger lots and compact strata units. Condition and renovation level will also play a role, as older stock may require updates while well-presented homes could command a premium. The quiet, low-rise character and proximity to green space might support steady demand, though the modest residential market could limit aggressive price growth compared to more central or waterfront pockets.
|| Comparable Sales: 49 Leumeah Street sold for $620,000; 17 Leumeah Street sold for $790,000 | Property Price Band: $600,000–$700,000 | Value Drivers: land size, condition, layout, and proximity to reserve outlooks
Detailed Independent Property Report prepared by PropCred Analyst team for 53 Leumeah Street, Sanctuary Point NSW 2540
Checks found:
Value Risk
1
Liquidity Risk
2
Planning Risk
1
Income Risk
Execution Risk
1
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Market Insight
Sanctuary Point is a coastal suburb positioned as a relatively affordable residential market, driven by demand for standalone houses from established households seeking its beachside lifestyle. Recent price trends show stagnation for houses and decline for units, with a market favouring patient sellers. Future growth is underpinned by sustained long-term appreciation, though current conditions suggest limited imminent price growth given its low turnover and unit market constraints.
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PropCred Estimated Value
Comparable Sales: 49 Leumeah Street sold for $620,000; 17 Leumeah Street sold for $790,000 | Property Price Band: $600,000–$700,000 | Value Drivers: land size, condition, layout, and proximity to reserve outlooks
Bedrooms
3
Bathroom
1
Parking
1
Land
765m²
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