8 South Kiama Drive, Kiama Heights NSW 2533
8 South Kiama Drive, Kiama Heights NSW 2533
Large family layout | Dual-street corner block | Pool and ocean glimpses | Holiday or multigenerational potential
This house stands apart from the typical compact villa or duplex stock along this coastal strip. Its six bedrooms, five bathrooms, and three-car garage, spread across two self-contained levels with separate entrances, make it a rare configuration for the area. The north-facing aspect, elevated position, and ocean glimpses add genuine lifestyle appeal, while the heated pool and entertaining deck extend the living space outdoors. For a large family, extended household, or buyer seeking a dual-income holiday let, this property offers uncommon flexibility and room to breathe.
The corner position with dual street frontage improves access and parking options, which may broaden its appeal to buyers with multiple vehicles or those considering a short-stay operation. The recently updated interiors and polished floors suggest limited immediate expenditure, though the brick-and-tile construction may carry older building systems that warrant inspection. Its size and complexity may limit the pool of ready buyers compared to simpler homes, yet that same uniqueness could command a premium from those who need space and versatility.
|| Comparable Sales: 8/78-80 South Kiama Drive sold $1.1M; 7/80 South Kiama Drive sold $1.07M | Property Price Band: $1.4M–$1.5M | Value Drivers: dual-level layout, pool and outdoor entertaining, corner block with dual access
Detailed Independent Property Report prepared by PropCred Analyst team for 8 South Kiama Drive, Kiama Heights NSW 2533
Checks found:
Value Risk
1
Liquidity Risk
2
Planning Risk
Income Risk
2
Execution Risk
2
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Market Insight
Kiama Heights is a small coastal enclave adjacent to Kiama, with a population of 814 and a mature professional demographic. Demand centres on larger 3–5 bedroom homes, supported by rental listings at $750–$1,000 weekly and recent sales spanning $1.475M–$3.9M. Conditions favour buyers: the median house price of $1.53M has fallen 11.3%–15.1% annually, with just 13–14 sales in the past year and a median 73 days on market. Units contrast sharply, with a $1.05M median rising 16.7% and a gross yield of 3.51% vs 2.69% for houses. Future growth depends on scarce supply and sustained demand for premium family homes, but affordability and rate sensitivity threaten that, given the thin sales volume.
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PropCred Estimated Value
Comparable Sales: 8/78-80 South Kiama Drive sold $1.1M; 7/80 South Kiama Drive sold $1.07M | Property Price Band: $1.4M–$1.5M | Value Drivers: dual-level layout, pool and outdoor entertaining, corner block with dual access
Bedrooms
6
Bathroom
5
Parking
3
Land
645m²
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