16 Mcdonald Street, Broadwater NSW 2472

16 Mcdonald Street, Broadwater NSW 2472
House on 762m² | 3 bed, 1 bath, 2 car | Sold $610,000 | Small village lot, coastal-fringe setting | Broadwater lifestyle market This property holds a practical, mid-range position within Broadwater’s house-based, low-density market. The 762m² block is smaller than several nearby comparables that exceed 1,300m², yet it remains well above typical metropolitan lot sizes, offering genuine space without the maintenance burden of a larger parcel. The 3/1/2 configuration suits first-home buyers, small families, or downsizers seeking a quiet riverside village with coastal access and highway connectivity. Its sale price of $610,000 aligns with the lower-to-middle tier of recent local house transactions, reflecting a straightforward, functional dwelling rather than a premium or renovated product. The property’s strength lies in its affordability and land content within a suburb where detached houses dominate and lifestyle appeal drives demand. Value may be shaped by the dwelling’s condition and presentation, as comparable sales show wide dispersion—from $420,000 to $720,000—depending on improvements and land size. The block’s flexibility for dual occupancy or strata development might exist given nearby zoning signals, but that potential is unconfirmed for this specific lot. Buyers should weigh the modest floor area and single bathroom against the land’s redevelopment possibilities and the suburb’s limited service base. Highway proximity could introduce traffic noise, while the small local school network may influence family buyers differently than investors.
Detailed Independent Property Report prepared  by PropCred Analyst team for 16 Mcdonald Street, Broadwater NSW 2472
Checks found:
Value Risk
Liquidity Risk ! 1
Planning Risk 2
Income Risk 2
Execution Risk
WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat

Market Insight

Broadwater, in the Northern Rivers of NSW, is a tightly held lifestyle market. Demand is driven by older, Australian-born residents aged 50-59, with a high 49.3% population surge since 2011, largely employed as labourers or professionals. The median house price is $627,500, down 4.7% annually, with only 15 sales over the past year and houses taking 109 days to sell. Rental demand skews to 3-bed houses at $500 weekly, while 2-bed houses command $700. Future growth rests on limited regional listings and regional NSW outperforming metro areas, but affordability pressures, a softening price trend, and slower turnover remain key constraints.
WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat

PropCred Estimated Value

Comparable Sales: 12 Mcdonald Street sold $720,000; 76 Rileys Hill Road sold $608,000 | Property Price Band: $600K–$700K | Value Drivers: land size, dwelling condition, redevelopment potential

Bedrooms

3

Bathroom

1

Parking

3

Land

762m²

Research & Review Prepared by Brian Moon, Analyst · Reviewed by Matt Proctor, Principal Analyst
WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat