2/15 Pacific Way, Tura Beach NSW 2548

2/15 Pacific Way, Tura Beach NSW 2548
2-bed duplex | $1.4M paid | Pacific Way beach walk | compact layout | lifestyle buy Rarely is a two-bedroom unit offered on this part of Pacific Way, and the reported sale price carries a clear premium for coastal lifestyle over internal size. The property is best matched to downsizers, retirees, or holiday buyers who value direct beach access and minimal upkeep. Its compact footprint is a genuine advantage in a street where larger homes dominate, providing a more attainable lock-and-leave option in a high-demand seaside pocket. The location is the primary draw, with a relaxed coastal character and a sense of being close to the shoreline. The value may be driven by the internal condition and finish quality, as well as how the title is structured, whether as a standalone unit or with shared ownership. The aspect and outlook might also influence price, since coastal views are highly sought on this street. A possible bushfire overlay could be a consideration for insurance, but it may not dampen demand in a location this desirable. These factors might explain the premium paid or affect future resale. >> Comparable Sales: 162 Pacific Way sold $1,239,000 | Property Price Band: $1.4M-$1.5M | Value Drivers: coastal location, compact unit layout, presentation
Detailed Independent Property Report prepared  by PropCred Analyst team for 2/15 Pacific Way, Tura Beach NSW 2548
Checks found:
Value Risk ! 1
Liquidity Risk ✕ 2
Planning Risk ✓
Income Risk ✓
Execution Risk ✕ 2
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Market Insight

Tura Beach, near Merimbula on the South Coast, draws older professional couples aged 60-79; 81.2% owner-occupancy. Demand stems from coastal lifestyle and regional amenities, with a 15.3% strata share attracting downsizers and first-home buyers. House median is $892,500–$940,000, annual growth 2.6–6.3%, five-year 43.35%. Houses take 105 days to sell, with 73 sales over the year. Units declined 2.11% annually, after five-year 52.99% gain. Childless couples paying $1,800–$2,399 monthly show stable finances. Future growth relies on coastal demand; unit softness and slower sales are constraints.
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PropCred Estimated Value

Bedrooms

2

Bathroom

1

Parking

1

Land

866m²

Research & Review Prepared by Brian Moon, Analyst · Reviewed by Matt Proctor, Principal Analyst
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