2/40a Ocean Street Woolgoolga NSW 2456

2/40a Ocean Street Woolgoolga NSW 2456
Coastal townhouse position | Recent listing cycle | $2.03m valuation | Bushfire overlay detected This four-bedroom townhouse on a 346-square-metre block represents a premium coastal property positioned for owner-occupiers and downsizers seeking established amenity with ocean exposure. Built in 2018, the property occupies Woolgoolga Headland with direct sightlines across the ocean and nearby islands—a locational attribute that typically commands sustained pricing within the broader Coffs Harbour market. The townhouse format, combined with 188 square metres of internal living space across three levels, appeals to buyers seeking low-maintenance coastal living without the land management burden of detached homes. Last sold at auction in November 2021 for $1.81 million, the property’s current estimated valuation of $2.03 million reflects both regional appreciation and the specific appeal of its coastal position. The presence of a bushfire overlay warrants consideration for long-term insurance and potential future regulatory changes, though this remains consistent with headland properties across the region. Rental data from February 2026 suggests a weekly yield of approximately $1,130, positioning the asset within the investment conversation for buyers evaluating capital growth against income generation. The property’s recent listing cycle—first appearing on 11 March—indicates the owners are testing current market appetite in an environment where comparable coastal townhouses have seen steady but measured demand. Properties of this type and location typically perform well during periods of interstate migration toward regional coastal centres, particularly among retirees and remote workers seeking lifestyle upgrade without major urban market volatility. The school catchment proximity to both Woolgoolga Public and High Schools, combined with NBN Fibre and 5G coverage, broadens the appeal beyond pure lifestyle buyers to families prioritising educational access and connectivity. Market positioning suggests realistic holding value, though the narrow land allocation and townhouse format may limit future value escalation compared to larger detached residential offerings in the same area.
Detailed Independent Property Report prepared  by PropCred Analyst team for 2/40a Ocean Street Woolgoolga NSW 2456
Checks found:
Value Risk
Liquidity Risk ! 1
Planning Risk
Income Risk ! 1
Execution Risk 2
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Market Insight

Woolgoolga is a coastal town north of Coffs Harbour experiencing strong lifestyle-driven demand. It attracts families, retirees and investors. Demand is driven by beach access and population growth in the region. Infrastructure improvements support ongoing appeal. Price growth has been strong and above average. It is an emerging high-demand coastal market.
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PropCred Estimated Value

Bedrooms

4

Bathroom

3

Parking

2

Land

346m²

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