11 Hakea Cres Suffolk Park NSW 2481

High supply| bushfire/flood risk| short market time| rental churn| price per sqm above median This property carries specific risk from elevated bushfire and flood zoning, which may affect insurance costs and future resale liquidity. The high proportion of renters on the street and the short time on market suggest possible seller urgency, potentially giving a buyer stronger negotiating leverage. The June 2022 sale price indicates a peak transaction that the current guide has corrected downward by roughly 7%, reflecting market softening. Decision: this is a hold property for a buyer willing to accept location risk for lifestyle access; not a short-term flip. The comparable sales data shows three recent four-bedroom houses on similar-sized lots sold between $1.82M and $2.05M, supporting the lower end of the guide as the fair entry point. What is competitively strong here is the land size and three-car parking in a tight coastal market, rare for Suffolk Park. This property suits a family or downsizer wanting ground-floor living near Byron Bay without the headline price. Book a building and pest inspection focused on flood impact history, then negotiate firmly at the guide floor.