93 Circular Avenue, Sawtell NSW 2452
93 Circular Avenue, Sawtell NSW 2452
Corner-block dual-income layout | Walk to village and beach | Leased lower level plus private retreat | Rare two-car setup in central Sawtell
This house is competitively strong because of its two-level income configuration, which is uncommon in Sawtell’s central stock. The lower level is a leased four-bedroom home, while the upstairs retreat operates separately with private entry, offering genuine flexibility for investors, extended families, or buyers who want to offset mortgage costs. The corner position improves access and separation between the two living zones, and the two-car parking is a practical advantage over many nearby older homes that manage with one space. Its walkable proximity to the village, beaches, cafés, and schools broadens its appeal to lifestyle buyers, but the income potential is what sets it apart from typical family houses in the street.
The value may be shaped by how the market interprets the upstairs retreat’s formal status, since the source does not confirm a separate approval. This could affect financing or resale clarity, so a buyer should verify council records before committing. The 530m² corner block is slightly smaller than some neighbouring sites, which may limit expansion potential, though the existing configuration already maximises usable space. The property’s refreshed presentation likely supports a premium, but the absence of confirmed construction year or finish details means condition should be inspected in person. Buyer demand appears split between owner-occupiers drawn to the flexible layout and investors seeking stronger rental income than a standard single-home purchase.
Detailed Independent Property Report prepared by PropCred Analyst team for 93 Circular Avenue, Sawtell NSW 2452
Checks found:
Value Risk
1
Liquidity Risk
Planning Risk
Income Risk
2
Execution Risk
1
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Market Insight
Sawtell, a coastal suburb near Coffs Harbour, holds a median house price of $1.175m with annual growth flat at -0.8%, though a 10-year CAGR of 7.1% reflects long-term capital appreciation. Buyers are drawn by lifestyle amenity and limited supply; buyer searches across the South Coast are 15% above pre-pandemic levels, while listings sit 20-25% below the five-year average. Demand is concentrated in three and four-bedroom homes, with median rents of $688 and $820 respectively; houses yield 3.6%, units 4.6%. Market conditions show moderate turnover: 46 houses sold in the past year, with three-bedroom homes averaging 61 days on market versus 169 days for four-bedroom properties. Future growth is supported by structural supply constraints and sustained coastal demand, but risks include sensitivity to interest-rate fluctuations and tightening borrowing conditions. Sales volumes have softened, and prices remain near long-term trend, suggesting fair value.
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PropCred Estimated Value
Comparable Sales: 79 Circular Avenue sold around $1.1M; 91 Circular Avenue guided near $1.18M–$1.2M | Property Price Band: $1.2M–$1.3M | Value Drivers: dual-income layout, corner-block flexibility, walkable central location
Bedrooms
6
Bathroom
3
Parking
2
Land
531m²
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