1/15 Kingscliff Street, Kingscliff NSW 2487
1/15 Kingscliff Street, Kingscliff NSW 2487
Two-storey townhouse | 808mΒ² large lot | One street from beach | Ocean sounds | Flood overlay present
This property presents a rare configuration for a coastal townhouse, combining a large 808mΒ² landholding with immediate beach proximity, a feature that typically commands a premium. Its two-bedroom plus study layout, capable of sleeping five, positions it strongly for both permanent residence and holiday rental demand, serving buyers seeking a lifestyle purchase with income flexibility. The substantial lot size is a competitive strength in a market dominated by smaller strata units.
The primary decision factor is the flood overlay, which introduces insurance cost and future resale risk that directly impacts holding costs. However, the established rental demand and significant capital growth evidenced between its two sales present a clear commercial opportunity. This property is best held as a long-term coastal holding, leveraging its scarcity and location to offset inherent risk, rather than as a short-term trade.
Recent comparable sales for this specific property:
– January 2023: Sold for $792,500
– November 2014: Sold for $388,000
This sales history demonstrates a substantial increase in value over an eight-year period, underscoring the strong capital growth trajectory of well-located properties in this precinct. The near doubling of price anchors a credible value expectation for prospective buyers.
Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ
Market Insight:
Kingscliff’s coastal lifestyle underpins its appeal, attracting strong interstate and local upsizer demand. While the house market has softened recently, unit prices show resilience with stable yields. The market is assessed as balanced, neither overheating nor in major downturn, with development interest signalling confidence in its long-term regional growth potential.