23 Tulip Oak Drive, Ulladulla NSW 2539
23 Tulip Oak Drive, Ulladulla NSW 2539
Spacious renovated house with pool and rumpus | In a market where 3-bed median is $800k this one is positioned well above | Short 10-day listing suggests early demand | No flood or bushfire overlay is a rare advantage here
The property’s main buying case rests on its combination of a full renovation, in-ground pool and oversized rumpus room on an 800mยฒ block, which is uncommon for a standard three-bedroom house in Ulladulla. The ducted air-conditioning, new kitchen and ensuite master bedroom mean little immediate capital outlay for a buyer, while the solar panels and CCTV reduce ongoing costs. This house suits a family or downsizer wanting a move-in-ready home with entertainment space and low maintenance landscaping, and its price sits at the upper end of the valuation range, reflecting the quality of the upgrades rather than location premium.
The risk is the asking price sits above recent comparable sales within 4 km, where the median was $870,000 over the last eight weeks, so a buyer may face limited short-term equity growth. However the property’s renovation quality and lack of bushfire or flood overlays give it stronger resale appeal than most houses in this price bracket. The rental estimate of $670 per week suggests a gross yield below 3%, so this is not an investment play but a lifestyle purchase. Hold this property as a long-term family home where the upgrades will age well and the pool and rumpus room will maintain buyer interest when you sell
Independent, Unbiased Research Report for this property by PropCred Analyst teamย
Market Insight:
Ulladulla is positioned as a coastal lifestyle destination, attracting sea-change and retirement buyers seeking its relaxed environment. This demographic drives steady demand, supported by solid historical growth and a major harbour redevelopment set to enhance local amenities. Recent price trends show moderate house growth, though the market moves deliberately with properties taking time to sell. Future prospects are tied to this infrastructure project and broader economic conditions, with key constraints being lower sales volume and a notably slower unit market.