1/20 Schnapper Road, Ettalong Beach NSW 2257

Spacious villa on large block | Flood overlay present | Strong price growth since 2020 | Walk to cinema, cafes, ferry This property offers a rare combination of a generous 1,618 m² land holding within a villa format, a configuration that provides both space and lower maintenance than a standalone house. The 44% price growth over the last five years reflects genuine demand in this walkable Ettalong pocket, and the estimated rental return of $745 per week supports a credible investment thesis. It is best suited to a buyer seeking a dual-purpose property—owner-occupier now with strong rental potential later, or an investor targeting capital growth in a tightly held coastal market. The flood overlay is the primary risk, narrowing the buyer pool and potentially affecting insurance costs and future resale speed. However, no bushfire or heritage constraints apply, and the property sits on a flat, usable block with no overlay conflict beyond flooding. The 55% owner-occupier ratio suggests neighbourhood stability, while the 45% renter share indicates consistent rental demand. Hold this property for medium-term capital appreciation, and consider a pre-purchase flood report to quantify the insurance cost before committing.