15 Warrego Drive, Sanctuary Point NSW 2540
15 Warrego Drive, Sanctuary Point NSW 2540
Modern coastal build | 3-bed layout with flexible office | Low-maintenance block | Strong rental interest | Newer finish than local stock
This property sits toward the newer end of the local housing mix, with a 2020–2021 construction period that sets it apart from the older cottage and basic brick stock common in the area. The weatherboard exterior, Colorbond roof, polished timber floors, and stone kitchen give it a clean, contemporary feel that appeals to buyers who want move-in condition without renovation work. The detached office or sleepout with an extra bathroom adds genuine flexibility—useful for a home business, guest accommodation, or teenage retreat. It suits a family or sea-change buyer looking for a modern, low-maintenance house near the basin and beaches, and the steady rental demand suggests it would also work for an investor seeking reliable tenants.
The land size around 560 square metres is typical for the street, though the quality of the finishes and the secondary structure may justify a premium over plainer comparables. The open-plan layout and covered outdoor area are practical for everyday living, but the property may lack the larger yard that some buyers expect from a coastal setting. The leased status until mid-2026 could be a positive for an investor, yet it may limit an owner-occupier’s ability to move in immediately. The absence of any noted overlay constraints and the residential zoning reduce risk, but the final value will hinge on how the market weights the newer build against the modest block size.
|| Comparable Sales: 77 Warrego Drive sold at $765,000; 48 Warrego Drive sold at a lower price for a smaller home | Property Price Band: $700K–$800K | Value Drivers: Modern build quality, flexible office space, low-maintenance land size
Detailed Independent Property Report prepared by PropCred Analyst team for 15 Warrego Drive, Sanctuary Point NSW 2540
Checks found:
Value Risk
2
Liquidity Risk
1
Planning Risk
Income Risk
2
Execution Risk
2
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Market Insight
Sanctuary Point is a coastal suburb positioned as a relatively affordable residential market, driven by demand for standalone houses from established households seeking its beachside lifestyle. Recent price trends show stagnation for houses and decline for units, with a market favouring patient sellers. Future growth is underpinned by sustained long-term appreciation, though current conditions suggest limited imminent price growth given its low turnover and unit market constraints.
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PropCred Estimated Value
Comparable Sales: 77 Warrego Drive sold at $765,000; 48 Warrego Drive sold at a lower price for a smaller home | Property Price Band: $700K–$800K | Value Drivers: Modern build quality, flexible office space, low-maintenance land size
Bedrooms
3
Bathroom
2
Parking
2
Land
556m²
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