22 Orchid Road, Mullaway NSW 2456

22 Orchid Road, Mullaway NSW 2456
5-bedroom coastal house | 729 mยฒ block | Sold May 2021 for $990K | Not currently listed The property offers a rare configuration of five bedrooms on a generous 729 mยฒ block in a coastal market where larger family homes are limited. The 2021 sale price of $990,000 provides a clear value baseline, and the absence of current listing suggests the buyer may negotiate from a position of known recent history. The verified featuresโ€”air conditioning, dishwasher, wood fire heating, and outdoor entertaining areaโ€”support year-round liveability and holiday appeal. This house best suits an owner-occupier seeking space near the beach, or an investor targeting the holiday rental market where multiple bedrooms drive premium yields. The primary risk is the inconsistency in one source showing a 3-bedroom, 1-bathroom configuration with a 146 mยฒ internal area; if that alternate data proves correct, the propertyโ€™s value and use case shift materially. Buyers must verify internal layout and condition through inspection, as the $990,000 sale may reflect the higher bedroom count. The opportunity lies in acquiring a coastal family house at a known entry point in a market with constrained supply. Hold for capital growth driven by location scarcity, or use as a dual-purpose residence and holiday rental to offset holding costs.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 22 Orchid Road, Mullaway NSW 2456
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Market Insight:

Mullaway presents as a tightly held coastal enclave with a premium housing market, evidenced by its high median house prices and limited annual sales volume. Demand appears driven by local owner-occupiers, supported by household incomes well above the regional average, seeking larger family homes. The market demonstrates resilience with strong rental yields for houses, though its low transaction volume and significant recent increase in listed stock indicate sensitivity to supply changes and broader economic conditions, constraining liquidity.
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PropCred Estimated Value

Bedrooms

5

Bathroom

2

Parking

2

Land

729mยฒ

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