16 Ridge Street, Nambucca Heads NSW 2448
16 Ridge Street, Nambucca Heads NSW 2448
Large family home | generous 2,748 m² landholding | close to town | 4 bedrooms, 2 bathrooms, 2 car spaces | established rental history
This property stands out for its unusually large land area, which is significantly more than what is typical for a suburban house in Nambucca Heads. The 4-bedroom, 2-bathroom layout is a common and functional family configuration, but the site size makes it rare for the area. It is best suited to owner-occupiers seeking space, families wanting room to grow, or buyers who value the flexibility of a larger residential allotment. The home has already proven its appeal as a leased family property, which adds to its practical credentials.
The land size may affect the property’s value in several ways. A larger site can offer potential for future subdivision or development, depending on local zoning and council regulations, though this is not confirmed. The 2022 rental history at $580 per week provides a useful income benchmark, but the build age and interior condition remain unknown and could influence ongoing maintenance costs. Buyers should weigh the premium for extra land against the need for any updates or repairs that might be required.
Detailed Independent Property Report prepared by PropCred Analyst team for 16 Ridge Street, Nambucca Heads NSW 2448
Checks found:
Value Risk
Liquidity Risk
Planning Risk
Income Risk
1
Execution Risk
2
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Market Insight
Nambucca Heads is a coastal market positioned above its long-term trend, attracting families and retirees seeking a lifestyle change. Demand is driven by strong rental growth, though the market is bifurcated with houses appreciating while the unit segment remains stagnant. Recent conditions show solid house price growth, supported by sustained demand, yet key risks include potential overvaluation and a notably weaker unit market with slower sales activity.
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PropCred Estimated Value
Bedrooms
4
Bathroom
2
Parking
2
Land
566m²
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