5 Clements Drive, Avoca Beach NSW 2251

5 Clements Drive, Avoca Beach NSW 2251
Elevated 4-bed house on 753 m² | north-east leafy outlook | quiet cul-de-sac | flood overlay recorded | sold $1.105M in 2023 The competitive strength is found in an elevated north-east facing 753 m² block and a four-bedroom, two-bathroom layout suited to family living. Set high on a quiet cul-de-sac, the house is positioned with living areas oriented to a leafy valley outlook, a short drive from beach, shops, and school. Included in the floor plan are a covered entertaining deck, master suite with ensuite and walk-in robe, and a separate study. The flood overlay is a genuine consideration, but a solid position for owner-occupiers and holiday buyers is created by the elevated siting and established residential character. The buyer pool may be narrowed by the flood overlay, and price growth may be tempered relative to unconstrained sites. Value may be shaped by the 2023 purchase price, current buyer expectations, and the condition of the kitchen, deck, and outdoor areas. A premium for the lifestyle package could be justified by clean presentation and a credible short-stay income story.
Detailed Independent Property Report prepared  by PropCred Analyst team for 5 Clements Drive, Avoca Beach NSW 2251
Checks found:
Value Risk 2
Liquidity Risk ! 1
Planning Risk ! 1
Income Risk
Execution Risk 2
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Market Insight

Avoca Beach NSW 2251 is a tightly held coastal enclave where houses trade at a $1.7m median and units at $1.47m. High-net-worth buyers and sea-changers dominate, with 44% of residents purchasers and 49% of households couples with children. Price growth is solid: houses rose 6.0% compound annually and up to 14.9% over the past year; units compounded at 17.4%. Turnover is thin—just 75 house sales in 12 months—and houses average 58 days on market, indicating scarce supply. The suburb’s surf culture, village atmosphere and lakefront lifestyle anchor future demand, though elevated entry prices and modest rental yields of 2.7% for houses and 3.6% for units imply rate sensitivity and affordability constraints.
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PropCred Estimated Value

Comparable Sales: 5 Clements Drive sold March 2023 $1.105M; 34 Clements Drive sold 2015 (undisclosed) | Property Price Band: $1.2M-$1.3M | Value Drivers: elevated aspect, land size, flood overlay

Bedrooms

4

Bathroom

2

Parking

2

Land

753m²

Research & Review Prepared by Brian Moon, Analyst · Reviewed by Matt Proctor, Principal Analyst
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