21 Murray Street, Moruya NSW 2537
21 Murray Street, Moruya NSW 2537
Quiet street position | older detached house likely on a larger block | close to town, river, and daily amenities | suits owner-occupiers and downsizers | modest rental demand with stable household profile
The competitive strength here lies in the combination of a low-density residential setting and proximity to Moruya’s core services. A detached house on a generous block in this part of Murray Street offers rare flexibility—room for landscaping, extension, or simply space between neighbours—which appeals strongly to local families and downsizers seeking single-level living without leaving town conveniences. The street’s established character, with mature trees and fenced yards, reinforces a settled neighbourhood feel that tends to hold demand steadily. This property serves best a buyer wanting a solid, conventional home in a walkable riverside town, where lifestyle amenity outweighs urban polish.
Value may be shaped by the condition of the original structure, particularly if the house retains older finishes or requires updating, as modern expectations around kitchens and bathrooms will influence buyer willingness to pay. The land size, if comparable to nearby blocks, could support subdivision potential or future redevelopment, though zoning and easements would need confirmation. Presentation at inspection will matter most—a tidy, well-maintained exterior can offset internal age, while a dated interior might invite negotiation. Rental yield appears modest, so the price should reflect owner-occupier demand rather than investor arithmetic.
Detailed Independent Property Report prepared by PropCred Analyst team for 21 Murray Street, Moruya NSW 2537
Checks found:
Value Risk
2
Liquidity Risk
1
Planning Risk
2
Income Risk
1
Execution Risk
2
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Market Insight
Moruya, on the NSW south coast, is a moderate-income, trade-driven market where demand is led by families, retirees and coastal-lifestyle buyers across both established and newer housing. The median house price sits near $800,000, with annual growth between 5.3% and 8.2% depending on the index; units average $397,500. Homes take about 118 days to sell, with 75 transactions in the past year, reflecting low but steady turnover. A 10-year compound growth rate of 10% and the coastal location underpin long-term fundamentals, but prices are above the long-term trend—a key constraint.
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PropCred Estimated Value
Comparable Sales: 20 Murray Street sold $510,000 in 2012; 62 Murray Street 3-bed on 736sqm | Property Price Band: $550,000–$650,000 | Value Drivers: land size, condition, single-level layout
Bedrooms
6
Bathroom
2
Parking
4
Land
771m²
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