1/84 First Avenue, Sawtell NSW 2452

1/84 First Avenue, Sawtell NSW 2452
100m to village and beach | 2-bed unit in 6-property complex | 65% owner-occupied | bushfire overlay present. This unit offers a rare configuration for Sawtell: a two-bedroom apartment within a small, predominantly owner-occupied complex, positioned 100 metres from both the village and beach. For a buyer seeking a coastal base or long-term hold, the low density and high owner-occupancy rate signal stable building management and reduced turnover risk. The 66mยฒ internal size is efficient for the location, and the carport adds practical value in a beachside setting. This property best suits a downsizer, investor targeting steady rental demand, or a buyer wanting a lock-and-leave holiday home with genuine walkability. The bushfire overlay is a material risk that may affect insurance costs and lending criteria, though it does not preclude purchase. The 2015 last sale date suggests limited recent price discovery, and the 0% recent auction clearance in the area implies cautious buyer sentiment. However, the reliable FTTP connection and 5G coverage support remote work or tenant appeal. The opportunity lies in securing a well-positioned unit in a tightly held complex before broader market sentiment shifts. Hold this property for medium-term capital growth or rent at $550 per week for a stable yield.

Independent, Unbiased Research Report for this property by PropCred Analyst teamย 

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Market Insight:

Sawtell’s coastal appeal and community amenities underpin its stable property market, which is currently assessed at fair value. Demand is driven by strong lifestyle appeal, with buyer interest remaining elevated, though recent sales volumes have softened due to fewer listings and tighter borrowing conditions. The market remains sensitive to interest rate fluctuations, yet limited supply in popular beachside towns continues to support values.
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PropCred Estimated Value

Bedrooms

2

Bathroom

1

Parking

1

Land

1088mยฒ

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