15 Cemetery Road, Byron Bay NSW 2481
15 Cemetery Road, Byron Bay NSW 2481
Freestanding 3-bed | 613 m² | quiet central pocket | raked timber ceiling | walk-to-town lifestyle
Detached living on a 613 m² block in a tightly held central Byron pocket is rarely offered. The quiet, traffic-buffered position, complemented by a short bike ride to cafés, beaches and the town centre, is supported by genuine lifestyle depth. High raked timber ceilings and open-plan living are presented as character-led strengths that suit Byron’s coastal-casual market. This house is best matched to an owner-occupier seeking detached living without large acreage, or a lifestyle buyer whose priorities sit with privacy and walkability over panoramic views or turn-key finishes. The value positioning is expected to widen buyer interest, making this a credible entry point into Byron’s freestanding market.
Condition and renovation level may materially shape the final price, particularly where an older shell requires capital outlay after purchase. The absence of an ocean view or elevated aspect might limit direct comparison with premium stock, while the 613 m² block may carry future land-banking appeal. Presentation at inspection could be the decisive factor given the wide value spread in the local market, so upgrade potential should be weighed against immediate comfort.
>> Comparable Sales: 1/29 Cemetery Road $1.5M; 51-57 Cemetery Road $5.2M | Property Price Band: $1.3M–$1.4M | Value Drivers: land size, quiet central position, interior condition
Detailed Independent Property Report prepared by PropCred Analyst team for 15 Cemetery Road, Byron Bay NSW 2481
Checks found:
Value Risk
Liquidity Risk
1
Planning Risk
1
Income Risk
2
Execution Risk
1
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Market Insight
Byron Bay is a premium coastal market in northern NSW, defined by a mature demographic profile and high owner-occupier rate. Demand is driven by families, professionals, retirees, downsizers and wealthy high-net-worth buyers seeking lifestyle and remote-work flexibility. House prices remain elevated at a median around $2.5 million; units sit near $1.35 million. However, the market has cooled sharply since the 2022 peak, with annual growth from -9.9% to -16.7%, and median days on market now 59. Sales volumes are thin at 75 houses annually. Rents for houses average $1,300 per week, yet gross yields are low at 2.86%, reflecting price levels. The market now operates in three tiers: entry below $1.2m, mid $1.2–3m, top above $3m. Future growth relies on lifestyle demand, but affordability constraints, rate sensitivity and ample stock reduce buyer urgency.
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PropCred Estimated Value
Bedrooms
3
Bathroom
1
Parking
2
Land
613m²
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