2/3A Long Street, Coffs Harbour NSW 2450

Bushfire overlay present | Valuation spread extreme at +/-$250k | Land size inconsistent across sources | Walkable location is key differentiator The property carries a confirmed bushfire overlay which will affect insurance premiums and may impose compliance costs for any future modifications. The valuation range between $423,000 and $920,000 signals weak market consensus and elevated refinancing risk if buying at the $659,000 list price. The walkable central location and recent renovation improve lettability and resale liquidity, but the bushfire risk and valuation uncertainty mean this should be treated as a lifestyle hold rather than a core investment-grade property. The 450m² block with a reserve-facing patio and new kitchen-bathroom package is genuinely rare in a walkable Coffs position. The fully fenced yard and single garage with internal access target downsizers and young families priced out of freestanding houses. Best suited to an owner-occupier who values low-maintenance living near amenities and can absorb the bushfire insurance costs. The first step is to commission a bushfire assessment certificate and a formal valuation to anchor your bid below $600,000. Comparable sales: 2002 sold $132k, 2022 sold $160k. Recent rental data shows $350pw in 2013 and $640 median estimated currently. The 20-year land appreciation is weak relative to market averages, suggesting the property has underperformed as an investment.