18 Waratah Street, Bateau Bay NSW 2261

18 Waratah Street, Bateau Bay NSW 2261
4 bed family house | elevated sea-air aspect | 584 sqm block | close to schools and beaches | modest yield This is a genuinely family-sized home on a usable block in a coastal suburb where such configurations are sought after. Its elevated position with a sun-filled, sea-air aspect is a competitive advantage, offering better light and airflow than standard sites. The combination of four bedrooms, two bathrooms, and three parking spaces on nearly 584 square metres makes it best suited to owner-occupier families or lifestyle buyers who prioritise space and proximity to beaches and schools over investment yield. The price guide is positioned above the automated value estimate, so a buyer should weigh whether the elevated aspect and family layout justify that premium. Rental yield is modest at around 3.4%, which may limit investor demand but does not detract from owner-occupier appeal. The prior sale seven years ago at a significantly lower price may influence vendor expectations, but market conditions have shifted materially since then. No development or zoning changes are known, so the neighbourhood character is likely stable.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 18 Waratah Street, Bateau Bay NSW 2261
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Market Insight:

Bateau Bay is a settled coastal suburb with strong family appeal, driven by its proximity to beaches, schools, and amenities. Demand is dominated by families, first-home buyers, and downsizers seeking houses, creating consistent competition in a low-supply environment. The house market exhibits solid recent growth and moves decisively, while the unit segment remains subdued. Future growth is underpinned by enduring lifestyle appeal and established long-term performance, though affordability pressures following significant gains and interest rate sensitivity present key constraints.
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PropCred Estimated Value

Bedrooms

4

Bathroom

2

Parking

3

Land

584mยฒ

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