12 Cole Cres, Narooma NSW 2546

2 bed, 2 bath house | 562 m² block | Coastal downsizer or investor play | Mid-market positioning The property’s primary buying case rests on its compact but functional footprint in a lifestyle-driven coastal market. A two-bedroom, two-bathroom configuration on a mid-sized block offers rare flexibility for downsizers seeking single-level living without sacrificing a second bathroom, while investors benefit from broad tenant appeal in a market where smaller homes often outperform larger stock on yield. The block size supports low-maintenance ownership with room for modest outdoor amenity, which strengthens its position against newer units in the area. This property is best suited to buyers prioritising entry price point and future resale liquidity over premium finishes or water proximity. The main risk is the lack of confirmed renovation history or build year, which introduces uncertainty around immediate capital expenditure—particularly for owner-occupiers expecting turnkey condition. The property’s mid-market bracket means it competes directly with well-presented units and older homes, so any deferred maintenance could compress buyer interest. An opportunity lies in the block’s potential for future improvements, subject to council rules, which could lift value above the current estimate if executed selectively. The known sale history provides a clear floor for equity growth, but buyers should budget for a thorough pre-purchase inspection to validate condition before committing.