102 Victoria Street, Coffs Harbour NSW 2450

102 Victoria Street, Coffs Harbour NSW 2450
Premium 2020 build | R3 medium density zoning | Bushfire overlay | Above suburb price positioning This property presents a competitively strong offering due to its modern construction and comprehensive high-end specifications, which are rare in the Coffs Harbour market. The 2020 build by a custom builder minimizes immediate capital expenditure, while the R3 zoning offers future redevelopment potential. It serves a buyer seeking a premium, low-maintenance residence with features like a gourmet kitchen, separate rumpus room, and pool, catering to an owner-occupier prioritizing quality and space. The primary decision factor is its price, which sits significantly above recent suburb comparables, demanding a premium for its condition and features. The bushfire overlay imposes specific insurance and maintenance costs. Its value is anchored in its scarcity as a near-new, large family home in the location, suggesting it will hold value best for a long-term holder, not a short-term investor. Proceed only if the premium aligns with a personal use case over a pure investment thesis. Recent suburb listings show an average price of $1,094,000 and a high of $1,650,000. This property’s asking range of $1.85-$2.15M places it in a distinct tier, requiring its superior build quality and size to justify the price gap to a buyer.

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

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Market Insight:

Coffs Harbour is a high-income coastal hub with a diverse property mix, experiencing sustained demand from local buyers and regional sea-changers. The market has seen significant capital growth in recent years, with strong competition for well-priced houses. Future stability is linked to economic conditions, though underlying population growth and development capacity provide a solid foundation for the region.
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PropCred Estimated Value

Bedrooms

Bathroom

Parking

2

Land

714mΒ²

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