22 Sandra Close, Coffs Harbour NSW 2450
22 Sandra Close, Coffs Harbour NSW 2450
Established cul-de-sac setting | Larger-than-typical block | Family-focused street | Elevated outlook potential | Older stock with redevelopment scope
This property sits within a quiet established cul-de-sac where detached family houses on generous lots are the norm. The land component is the standout feature; blocks of this size in this part of Coffs Harbour offer both immediate family living and future renovation or rebuild potential. The elevated character of the street and the mix of original and improved housing means a well-presented property appeals strongly to owner-occupiers wanting space and proximity to the CBD and schools. It is best suited to a buyer who values land and location over a turnkey finish, or who intends to add value through updating.
The property’s value may be most influenced by orientation, slope, and the condition of the existing house. A north-facing or elevated aspect could add a premium, while a dated interior or steep block might limit immediate appeal without renovation. Larger land may offer subdivision or rebuild optionality, subject to zoning and council requirements. Buyers should weigh updating costs against the benefit of a large block in an established street.
>> Comparable Sales: 22A Sandra Close $600,000 (2021); 13 Sandra Close $565,000 (2017) | Property Price Band: $600,000 to $700,000 | Value Drivers: land size, aspect, condition
Detailed Independent Property Report prepared by PropCred Analyst team for 22 Sandra Close, Coffs Harbour NSW 2450
Checks found:
Value Risk
✓
Liquidity Risk
!
1
Planning Risk
✕
2
Income Risk
✓
Execution Risk
✓
Market Insight
Coffs Harbour, on the NSW North Coast, is a high-income hub within the Mid North Coast region, with a housing stock of detached houses alongside 32.4% apartments. Demand now comes chiefly from local buyers and Tablelands sea-changers, while first-home buyers remain active; homes between $750,000 and $900,000 attract multiple offers. Median house price is about $823,750, with annual growth between 3% and 5% and a 7.1% 10-year CAGR; median unit price is $590,000, with 2.6–3.5% growth. Houses average 45 days on market, gross yields are 4.4–4.5% for houses and 4.9–5.0% for units. LGA population is projected to rise 24.1% by 2031, supported by roughly 380 dwelling approvals per annum. Yet growth has stabilised and is sensitive to interest-rate decisions; affordability constraints are most acute below the million-dollar threshold.