13 Yakaloo Cres Forresters Beach NSW 2260

13 Yakaloo Cres Forresters Beach NSW 2260
Four-bedroom family home | private master suite | sought-after pocket with views | priced above estimated market value This property presents a clear pricing risk, as the listed guide sits approximately $300,000 above its estimated market value. This premium demands justification through its superior position and outlook, which may not fully materialise in a balanced market. The two-level layout and private master suite offer functional appeal for a family, but the single carport is a compromise. Given the valuation gap, a buyer should only proceed with a disciplined offer strategy anchored to recent comparable sales. Its competitive strength lies in the four-bedroom, two-bathroom configuration within a sought-after location, a combination that consistently attracts family demand. The downstairs master suite is a premium feature that enhances liveability. This house best serves an owner-occupier family valuing space and privacy over abundant parking, who can leverage the outlook and location to justify a long-term hold. The analysis hinges on reconciling the asking price with tangible market evidence, which we can quantify for your negotiation. Nearby sales indicate the local market profile: 13 Lewis Crescent, a three-bedroom, one-bathroom house, holds an estimated value of $1,107,000, while 13 Kalakau Avenue, a larger four-bedroom, three-bathroom home on 538sqm, provides a higher benchmark. This suggests the subject property, with its two bathrooms and single carport, should be valued cautiously relative to these comparables.

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

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Market Insight:

Forresters Beach is a well-established coastal suburb appealing primarily to established families and owner-occupiers seeking a coastal lifestyle. Demand is driven by this demographic, with the market dominated by houses and offering limited unit supply. Recent price growth has been stable, with the market operating near its long-term trend. Future growth is underpinned by solid historical performance, though high entry costs and a constrained property mix present key constraints.
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PropCred Estimated Value

Bedrooms

4

Bathroom

2

Parking

1

Land

692mΒ²

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