103/2 Evans Road, Canton Beach NSW 2263

103/2 Evans Road, Canton Beach NSW 2263
Freestanding villa in over-50s village | 11-hectare shared grounds | Edge of lake and national park | Low-maintenance lock-and-leave. This property presents a compelling, niche proposition defined by its specific lifestyle offering and location. Its primary strength is the combination of a low-maintenance, freestanding home within a secure, gated community for residents over 50, positioned directly adjacent to conserved natural assets. This configuration targets a buyer seeking a tranquil, lock-and-leave lifestyle with immediate access to Tuggerah Lake and Wyrrabalong National Park, effectively serving as a permanent retreat or downsizing solution within a five-minute drive of essential amenities. The recent sale in December 2023 establishes a firm price trajectory, and the current listing price reflects a measured premium over that transaction, suggesting vendor confidence in the underlying demand for this unique village format. The decision hinges on accepting the constraints inherent to its design. The property carries the operational and resale limitations of an over-50s community, including a buyer profile restricted by age and a shared title structure over the extensive 11.24-hectare site. This narrows future buyer pools and may impact capital growth relative to broader market stock. The single car space, against an expectation of three, is a functional deficit for some. The opportunity lies in securing a turnkey property in a tranquil, high-amenity pocket where the village model absorbs external maintenance burdens. Acquire this property as a long-term lifestyle holding, not as a vehicle for short-term gain, with the understanding that its value is intrinsically linked to the ongoing appeal and management of the village itself. Recent nearby sales in comparable over-50s village settings provide essential context: – 48/2 Evans Road, Canton Beach: 1.5-1.6 km away. – 93/2 Evans Road, Canton Beach. – 147/2 Evans Road, Canton Beach. – 152/2 Evans Road, Canton Beach. – 70/2 Macleay Drive, Halekulani (1.5 km). – 74/186 Sunrise Avenue, Halekulani (5.7-5.8 km). – 1 Winchester Drive, Lake Munmorah (1.6 km). – 34/51 Kamilaroi Avenue, Lake Munmorah. – 96/51 Kamilaroi Avenue, Lake Munmorah. This cluster of village sales demonstrates active demand within this specific market segment. The subject property’s recent sale at $325,000 and current asking price of $366,000 sit within this established ecosystem, indicating its valuation is not an outlier but is instead positioned at the upper end, likely reflecting its freestanding nature and superior location on the lake and park fringe.

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

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Market Insight:

Canton Beach is positioned as a coastal lifestyle suburb, attracting families and retirees seeking a tranquil environment with proximity to nature and essential amenities. Demand is driven by this demographic preference for space and coastal living, supporting a stable and competitive market. Recent price trends show mixed signals, with some data indicating softening while other sources point to modest growth, reflecting a nuanced market condition. Future growth is anchored in its enduring lifestyle appeal, though the market’s sensitivity to broader economic factors and its reliance on a specific buyer profile present inherent considerations.
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PropCred Estimated Value

Bedrooms

2

Bathroom

1

Parking

3

Land

11.24 ha

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