10 Tasman Road, St Georges Basin NSW 2540
10 Tasman Road, St Georges Basin NSW 2540
Detached house on large block | Coastal lifestyle pocket | Mixed owner-occupier and holiday demand | Bushfire overlay possible | Strong outdoor living potential
This property sits in a genuinely land-rich part of St Georges Basin, where detached houses on substantial blocks are the norm rather than the exception. The street itself carries a quiet, low-rise character with a noticeable mix of conventional family homes and more distinctive lifestyle dwellings, which gives the area a less uniform feel than typical suburban estates. For a buyer seeking space for a boat, caravan, or workshop, or simply wanting room to breathe without leaving the coastal corridor, this type of holding offers rare flexibility. The location works hardest for owner-occupiers and sea-changers who value recreational access, local services, and a slower pace, though the same qualities also attract holiday-home buyers and investors looking for dual-purpose use. The property serves best someone who prioritises land and outdoor utility over polished finishes, and who sees the potential to shape the house to their own taste over time.
The value picture here may hinge on how the existing house condition compares with the land opportunity, since larger blocks in this pocket can support sheds, pools, or even subdivision potential where zoning allows. A bushfire overlay may apply, which could influence insurance costs and landscaping choices, though it does not appear to be a dealbreaker for the area generally. Buyers should weigh whether the current layout and finishes justify the asking level, or whether the land itself carries most of the value. The mixed demand from permanent residents and short-stay users may also support rental income, but that depends on how the house presents and how the local market evolves.
Detailed Independent Property Report prepared by PropCred Analyst team for 10 Tasman Road, St Georges Basin NSW 2540
Checks found:
Value Risk
1
Liquidity Risk
2
Planning Risk
Income Risk
1
Execution Risk
1
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Market Insight
This suburb, home to roughly 3,200 residents with a median age of 54, is anchored by older, Australian-born, Anglican tradespeople with certificate qualifications. That profile drives steady demand from downsizers and retirees seeking low-maintenance housing. House prices sit near $741,000–$770,000, but annual trends are mixed: one data series shows a 2.4% decline, while others record 1.6–6.8% gains, implying a flat-to-soft market. Units are firmer, up 7.8% to $672,644. Houses average 84–88 days on market, indicating balanced conditions. With 40 properties listed and only one rental available, supply is tight, especially in the rental segment. Future growth will rely on continued retiree inflow and constrained new stock; the key risk is affordability, as prices are high relative to local incomes, alongside potential rate sensitivity.
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PropCred Estimated Value
Comparable Sales: 54 Tasman Road sold $670K; 22 Tasman Road sold $1.16M | Property Price Band: $700K–$800K | Value Drivers: Land size, outdoor infrastructure potential, condition of dwelling
Bedrooms
4
Bathroom
2
Parking
5
Land
1416m²
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