11 Simpson Avenue, Wollongbar NSW 2477
11 Simpson Avenue, Wollongbar NSW 2477
3-bed family house | north-facing entertaining | side access | 556m² block | strong rental demand
A straightforward detached house is offered in a convenient established suburb. The practical layout includes three bedrooms, one bathroom, a modernised kitchen and direct bathroom access from the main bedroom, which suits young families and downsizers. The 556 m² block is modest but usable, with side access and a fully fenced yard adding everyday function. North-facing outdoor entertaining extends the living space and supports a relaxed regional lifestyle. The house sits within walkable distance to shops, parks, sports fields and the local tavern, with Lennox Head, Ballina and Lismore around a 20-minute drive. That positions it as a solid family-oriented purchase rather than a prestige product, and it should attract owner-occupiers and investors seeking low-maintenance, tenant-friendly accommodation.
Value may be influenced by the single bathroom and single carport, which might limit appeal for larger families. The land size is smaller than some nearby residential parcels, so the price should reflect a functional entry-level house block rather than an acreage opportunity. Rental demand appears healthy, with a comparable three-bedroom house leasing quickly, which supports income potential. The modernised kitchen and north-facing yard are tangible improvements, but no premium finishes or architectural features are evident. Buyers should weigh condition and presentation against the need for updates, and consider the suburb’s mixed market signals when forming a price view.
Detailed Independent Property Report prepared by PropCred Analyst team for 11 Simpson Avenue, Wollongbar NSW 2477
Checks found:
Value Risk
Liquidity Risk
2
Planning Risk
Income Risk
2
Execution Risk
2
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Market Insight
Wollongbar, an inland regional NSW suburb, presents a family-dominated market with 42% couples with children and 37% outright ownership. Demand comes from professionals and families drawn to local schools and parks, plus first-home buyers and downsizers targeting the 13.4% apartment stock. Median house prices range from $772,000 to $877,500 depending on source, with recent annual declines between -5.2% and -9.9% signalling a cooling phase. Units sit at $725,000 but sales data is too thin to gauge trend. Gross rental yield for houses is 4.1%, with median weekly rent of $720 and houses taking 49-89 days to sell. Historical growth remains supportive—10-year CAGR 8.9% and 36-year 6.8%—while the aggregate median sits below the NSW average, and a Boomscore of 47 indicates a balanced market. Future risks centre on sustained price falls, with family demand and long-term capital growth the key offsets.
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PropCred Estimated Value
Comparable Sales: 4/46 Simpson Avenue 3br 1ba sold $605,000 | Property Price Band: $600K–$700K | Value Drivers: modernised kitchen, north-facing outdoor area, side access and usable 556m² block
Bedrooms
3
Bathroom
1
Parking
1
Land
556m²
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