16 Coreen Drive, Wamberal NSW 2260

4 bed dual-level | elevated block with ocean glimpses | Wamberal Public School catchment | 512m² in peaceful pocket This property presents a competitively strong offering within its immediate locale, primarily due to its elevated position on a substantial block, which affords both privacy and partial ocean views—a rare combination that typically commands a premium in coastal markets. The configuration of four bedrooms and dual living spaces across two levels suits a family seeking proximity to the well-regarded local primary school, positioning it as a long-term residential holding rather than a speculative purchase. Its recent market entry suggests motivated vendor interest, providing a timely opportunity for a decisive buyer. The central decision risk is the absence of detailed comparable sales data and undefined property condition, which could obscure true market value and expose the buyer to overcapitalisation. Proceed only with a disciplined price framework based on recent, verified sales of similar elevated land parcels in Wamberal, not the listed estimate. This house is best acquired as a primary residence to capitalise on its location and school catchments; its lack of yield data makes it an untested investment. Our property report would pressure-test the valuation, detail locality-specific erosion and insurance exposures, and provide a definitive checklist for the pre-purchase inspection.