21 Michaela Road, Terrigal NSW 2260
21 Michaela Road, Terrigal NSW 2260
Low‑coverage 1978 house on 569m² | 4‑bed listing, 3‑bed record | beachside suburb, family lot | older shell, potential for update.
This property sits as a mid‑sized detached house on a standard suburban lot in a desirable beachside suburb, making it a natural fit for families or buyers wanting house‑and‑yard product over apartment living. The 135m² internal area and two‑car parking align with typical family‑home expectations, while the 569m² lot offers moderate site coverage and room for modest outdoor space. Its 1978 vintage suggests an older housing form relative to many renovated homes nearby, but the current listing’s four‑bedroom configuration, if accurate, adds flexibility for growing households or those seeking separate guest or home‑office space. The property’s appeal is strongest for owner‑occupiers prioritising coastal lifestyle and a detached house with a usable lot, rather than for investors seeking premium rental yield or prestige beachfront status.
The conflicting bedroom count between listing and property‑history sources may signal a past reconfiguration or a data inconsistency that could affect buyer perception and, in turn, the price a buyer is willing to offer. The 1978 build year implies older construction standards, so a buyer should weigh the potential for needed updates to finishes, insulation, or electrical systems, which may influence renovation budgets or affect desirability compared to newer or fully renovated stock in the same suburb. The moderate lot size and single‑bathroom configuration might limit appeal for larger families or those wanting more generous indoor‑outdoor flow, and any lack of modern amenities like air‑conditioning or energy‑efficient features could narrow the pool of interested buyers. These factors, combined with the property’s prior turnover history, suggest the final price may depend heavily on how the current condition and layout compare to recently sold houses in the immediate area, which remains unverified from available data.
Detailed Independent Property Report prepared by PropCred Analyst team for 21 Michaela Road, Terrigal NSW 2260
Checks found:
Value Risk
Liquidity Risk
2
Planning Risk
2
Income Risk
2
Execution Risk
2
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Market Insight
Terrigal is an established coastal suburb with a stable, family-oriented market underpinned by high outright home ownership. Demand is driven by mature professionals and families seeking long-term lifestyle appeal, supported by consistent sales activity. Recent conditions show divergent trends, with house values demonstrating resilience while the unit segment faces notable price adjustments and extended selling periods. Future growth is anchored in its enduring desirability, though the market exhibits sensitivity to broader economic conditions and affordability constraints at the premium end.
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PropCred Estimated Value
Bedrooms
4
Bathroom
1
Parking
2
Land
569m²
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