13 Wyden Street, Old Bar NSW 2430
13 Wyden Street, Old Bar NSW 2430
Small coastal unit | Stable low-rise pocket | Near beach and town centre | Low-maintenance appeal | Suits downsizers and investors
This property sits in a quiet, established low-rise pocket of Old Bar, a coastal suburb where demand is driven by lifestyle and convenience. The compact layout and low-maintenance character appeal directly to downsizers seeking a lock-and-leave coastal base and to investors looking for steady rental interest. Its position within walking distance of the town centre, shops, and schools adds practical value beyond the beach proximity, and the stable owner-occupier mix in the immediate block suggests a well-kept, neighbourly environment. For the right buyer, this is a straightforward entry into a sought-after coastal market without the upkeep of a larger house.
The price outcome may hinge on the unit’s internal condition and whether it includes secure parking and a private outdoor space, as these features are highly valued in this segment. Older brick-and-tile construction is durable but may require cosmetic updates, which could influence buyer perception. Rental demand appears steady, but the gross yield is modest, so capital growth expectations should be realistic. A well-presented unit with good natural light and a functional layout might achieve a slight premium, while dated interiors could limit negotiation power.
>> Comparable Sales: 2/9-11 Wyden Street sold for $246,000; 3/9-11 Wyden Street sold for $169,000 in 2018 | Property Price Band: $350,000–$450,000 | Value Drivers: condition, secure parking, private outdoor space
Detailed Independent Property Report prepared by PropCred Analyst team for 13 Wyden Street, Old Bar NSW 2430
Checks found:
Value Risk
Liquidity Risk
Planning Risk
1
Income Risk
1
Execution Risk
2
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Market Insight
Old Bar, a coastal suburb with a mature demographic profile (average age 52), houses trade at a $822,500 median, up 150% over a decade to 2026, though annual growth estimates vary from 1.28% to 5.5%. Units sit near $550,000 with a firmer 10% yearly gain. Houses clear in 46–49 days on average, with 132 sales in the past year confirming liquidity. Rental yields are modest: 4.0–4.1% for houses, up to 5.4% for units, while weekly rents run $600–620 and $460–490 respectively. Demand appears driven by older buyers, but the market is flagged as overvalued relative to historical trajectory, a key constraint for future appreciation.
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PropCred Estimated Value
Bedrooms
3
Bathroom
2
Parking
2
Land
650m²
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