18 Wyoming Avenue, Burrill Lake NSW 2539
18 Wyoming Avenue, Burrill Lake NSW 2539
3 bed | 1 bath | 1 car | 639sqm | single-level coastal | renovated | sought-after pocket near lake and beaches
The property offers a competitive entry point into a strong-growth coastal market, with a single-level renovated layout that appeals to downsizers, first-home buyers, and young families seeking immediate occupancy. Its 639sqm land holding, while modest, provides a low-maintenance footprint with 19% building coverage, leaving scope for future value-add through landscaping or a studio. The location in a sought-after pocket near Burrill Lake and beaches, combined with good school catchments and 5G connectivity, supports steady demand and positions it well for capital growth over a medium-term hold.
The primary risk is the bushfire overlay, which may impose specific building restrictions and higher insurance costs, while inconsistent flood and heritage data requires formal verification before purchase. The asking price sits above some automated valuations but below the suburb median for three-bedroom houses, suggesting strategic pricing to attract competition rather than overreach. With a rental yield around 3.4% and last sale in 2003 at $260,000, the property has already delivered substantial equity gains; the opportunity lies in negotiating within the $670,000โ$750,000 range to secure a buffer against market softening. Hold for 5โ7 years to capture further suburb growth, or rent if relocation is likely within three years.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 18 Wyoming Avenue, Burrill Lake NSW 2539
Market Insight:
Burrill Lake is a coastal-lake suburb offering strong lifestyle appeal. It attracts retirees and holiday-home buyers. Demand is driven by water access and affordability compared to Ulladulla. Limited infrastructure constrains growth. Price growth is cyclical.