3/1 Redman Avenue, Thirroul NSW 2515
3/1 Redman Avenue, Thirroul NSW 2515
3-bed, 2-bath, 2-car townhouse | Thirroul coastal pocket | no flood/bushfire overlays | low-maintenance strata living | tightly held owner-occupied stock
This townhouse is positioned within a mature, low-rise coastal pocket where parking and walkability are highly valued. The three-bedroom, two-bathroom layout with two car spaces suits owner-occupier families and downsizers seeking lower-maintenance living without sacrificing access to Thirroul’s village, beach, and rail. The absence of flood, bushfire, or heritage overlays reduces environmental and compliance concerns, while the building’s extended owner-occupier tenure suggests stable, long-term residents. That combination is relatively rare in this suburb, where much of the stock is older detached housing. The property is best suited to buyers who want a solid, practical coastal townhouse with good school catchments and a location that supports daily convenience.
Limited information is available regarding aspect and views, and the property’s orientation may be discovered during inspection. The original early-2000s construction and unspecified finishes might require updating, which could influence renovation costs. Shared strata arrangements and the absence of a private block are factors that may moderate buyer enthusiasm, yet the secure parking, low-maintenance format, and consistent rental appeal may offset those concerns.
Detailed Independent Property Report prepared by PropCred Analyst team for 3/1 Redman Avenue, Thirroul NSW 2515
Checks found:
Value Risk
2
Liquidity Risk
2
Planning Risk
Income Risk
1
Execution Risk
2
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Market Insight
Thirroul, a coastal suburb an hour south of Sydney, commands a median house price of $1.86 million, with annual growth at 3.33% and a 1.9% compound rate over time. The high entry point points to strong owner-occupier demand for larger family homes, while the 22.6% strata component offers an avenue for first-home buyers and investors. Units sit at $1.146 million, down 1.19%, and houses rent for $1,025 weekly, yielding 2.77% – a modest return that underscores price sensitivity. Houses spend a median 52 days on market, with 75 sales in the past year, signalling balanced conditions. The market’s reported long-term CAGR above 6% is the key draw for investors, but affordability and negative unit growth remain constraints.
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PropCred Estimated Value
Comparable Sales: Unit 5/1 in same complex sold at $700k; unit 3/1 with same configuration sold at $1.085m | Property Price Band: $1.1M–$1.2M | Value Drivers: condition, layout, parking, orientation
Bedrooms
3
Bathroom
2
Parking
2
Land
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