23 Burrawong Parade, Urunga NSW 2455

Waterfront reserve | Kalang River frontage | 1080m² lot | 3 king bedrooms | Recently transacted This property presents a rare combination of a substantial riverfront parcel and a generously scaled family home in a coastal locale, a configuration that is inherently supply-constrained. The positioning on a reserve bordering the Kalang River offers both permanent views and a high degree of privacy, translating into a lifestyle premium that appeals specifically to established families or buyers seeking a permanent tree-change residence. The recent 2023 sale suggests a motivated vendor, while the floorplan with separate living zones and king-sized bedrooms aligns with enduring demand for space and comfort, serving a buyer profile less sensitive to short-term market fluctuations. The primary decision mechanism is the significant price premium demanded over the available property value estimate, introducing immediate equity risk. The absence of recent comparable sales data for validation, coupled with an aging local demographic profile that may dampen future buyer urgency, requires a disciplined valuation approach. A buyer must underwrite the premium solely on the intangible riverfront attribute and be prepared for a long hold period to realise capital growth. Proceed only with a negotiated purchase within the lower quartile of the listed range, treating this as a permanent lifestyle acquisition rather than a near-term investment.