24 Lake Street, Tuross Head NSW 2537

2 bed brick house | 556m² level block | 31% building coverage | no overlays | Bodalla school zone This house presents a competitively strong, low-maintenance holding on a generous, usable block in a coastal council area without complicating overlays. Its brick and tile construction, secure parking, and fully fenced yard offer a durable, turnkey proposition best serving a downsizer, a holiday home buyer, or an investor seeking a straightforward rental. The configuration is efficient, and the level block maximizes utility with minimal upkeep. The primary risk is paying a premium against the estimated market value, with the listed price approximately 10% above the high-end valuation. This gap represents an immediate cost against equity. The opportunity lies in the long-held ownership, suggesting underlying land value growth, and the reliable rental yield. Acquire at or near valuation for a hold as a secondary residence or income-generating property; the numbers do not support speculation. The last sale of this specific property was in June 2010 for $290,000. General suburb activity shows a median value around $671,000 with twelve sales this year, but no specific, recent comparable sales data for directly neighbouring properties is available in the provided results. This absence of immediate comparables necessitates a conservative approach to price validation.