3/79 Rajah Road, Ocean Shores NSW 2483
3/79 Rajah Road, Ocean Shores NSW 2483
Large 923m² block | 160m² single-level footprint | Bushfire overlay noted | Coastal lifestyle precinct | Rare land-to-building ratio
This property offers a genuinely uncommon combination in Ocean Shores: a 923m² residential lot carrying a relatively compact 160m² house, leaving substantial outdoor space and future flexibility. The 17% building coverage means the land dominates, which suits buyers seeking room for gardens, a studio, or potential reconfiguration. Positioned close to the Rajah Road local centre, the house captures everyday convenience without sacrificing the relaxed coastal character the suburb is known for. The elevated 21m ground level adds a practical comfort layer, and the absence of flood or heritage constraints simplifies decision-making. This is best suited to owner-occupiers who value land, privacy, and lifestyle over polished interiors, or investors who recognise the scarcity of such land parcels in a market dominated by tighter footprints.
The bushfire overlay is the primary environmental consideration, and its impact on insurance premiums or future approvals may shape your price view. The estimated $535 weekly rent suggests moderate yield potential, though the land size may appeal more to long-term capital growth than immediate income. The 160m² building estimate carries only 80% confidence, so a physical inspection is essential to verify layout, condition, and renovation scope. FTTN connectivity may matter if you work from home or rely on high-speed data. These factors might influence value, but they are manageable rather than prohibitive, and the land component provides a buffer against short-term market movement.
Detailed Independent Property Report prepared by PropCred Analyst team for 3/79 Rajah Road, Ocean Shores NSW 2483
Checks found:
Value Risk
Liquidity Risk
1
Planning Risk
Income Risk
2
Execution Risk
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Market Insight
Ocean Shores, at a median house price of $1.3 million, has risen 17.1% annually; units are $965,000, up 11.6%. Sales volume is steady near 108 houses, with houses averaging 58 days on market (one source puts it at 87 days). Demand is driven by lifestyle and community appeal, and rental metrics support this: houses yield 4.1%, units 4.2%, with weekly rents of $950 and $750. Historically, capital growth is durable—20-year CAGR of 6.4% and 36-year CAGR of 7.6%—which attracts investors seeking long-term appreciation. As of early 2026, the suburb is assessed at fair value, indicating prices align with long-run trends and a rapid re-rating is unlikely. The recent 17.1% surge exceeds the historical pace, so affordability constraints are emerging; sustained growth hinges on the lifestyle-demand base that has defined the market.
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PropCred Estimated Value
Comparable Sales: 20 Rajah Road sold $615,000 in 2019; 3/83A Rajah Road guide $900k–$990k | Property Price Band: $0.9M–$1.0M | Value Drivers: land size, location near local centre, potential for future development or renovation
Bedrooms
2
Bathroom
1
Parking
1
Land
171m²
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