9 Parrendi Close, Avoca Beach NSW 2251
9 Parrendi Close, Avoca Beach NSW 2251
Renovated north-facing cul-de-sac house | Walk to beach and school | 746–764m² block | 4-bed current layout | Flood overlay present
The property’s competitive strength lies in its combination of a renovated brick family house, an elevated north-facing cul-de-sac position, and genuine walkability to Avoca Beach and its public school. That package is uncommon in this pocket, where many family houses still trade on land value and update potential. The large mid-700s square metre block, with two bathrooms and two car spaces, suits buyers who want a finished home without immediate renovation work, particularly families and downsizers seeking a beachside everyday lifestyle. It sits comfortably above the unrenovated median stock in the suburb, and the presentation and orientation should hold broad appeal.
What may materially affect value is the flood overlay, which might reduce some buyer interest or temper bidding compared to non-overlay stock. The inconsistency between 3 and 4 bedroom listings could also create confusion, and may require verification of the actual internal configuration. The build age is not clearly established, but the substantial 2024 renovation likely refreshes most major systems. Given thin street turnover, price formation may depend heavily on how the renovation quality and aspect are perceived against alternative coastal houses, rather than a clear local benchmark. The 2012 to 2024 growth trajectory suggests strong long-term demand.
>> Comparable Sales: 12 Parrendi Close sold 2017 for $1.2M; subject house sold 2024 for $1.7M | Property Price Band: $1.6M–$1.7M | Value Drivers: renovation quality, north-facing elevated block, walk-to-school and beach location
Detailed Independent Property Report prepared by PropCred Analyst team for 9 Parrendi Close, Avoca Beach NSW 2251
Checks found:
Value Risk
2
Liquidity Risk
2
Planning Risk
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
Bedrooms
3
Bathroom
2
Parking
2
Land
718m²
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