15 Carrywell Cres, Toormina NSW 2452

No structural flood or fire risk | 1980s build needs upgrading | Block size allows future use | Family location but no school premium The property carries a clear trade-off: a dated 1980s house with a modest floor plan sits on a broad 720m² lot, which is the real value. The buyer pays for land and location, not the dwelling. Renovation cost or knockdown potential must be calculated into the offer price, as the existing structure offers limited modern amenity. This is a hold and improve play, not a move-in ready family home. What makes this competitive is the block size in a low-risk zone with no overlay constraints, rare in Toormina. The FTTP and 5G coverage are a practical bonus but not price drivers. It suits a buyer with renovation capital or a developer willing to work within a residential zoned lot. The sales history shows steady long-term growth, but recent comps from 2016 are not relevant in today’s market. The next move is a building inspection and a local agent check on what similar cleared blocks have sold for in the last six months.