25/11 Payne Street, Narooma NSW 2546

25/11 Payne Street, Narooma NSW 2546
Townhouse in Parklands Estate | Narooma coastal lifestyle | Solar with Tesla battery | Low-maintenance for downsizers or investors This property offers a rare combination of energy independence and low-maintenance living in a sought-after coastal enclave, which strengthens a buyer’s negotiating position in a stable market. The 24 solar panels paired with a Tesla battery significantly reduce ongoing utility costs, a feature that appeals strongly to downsizers seeking predictable outgoings and investors targeting net yield. The open-plan layout, ducted air conditioning, and secure double garage align with the preferences of owner-occupiers wanting convenience, while the fully fenced yard and ramp access broaden appeal to families and those with mobility needs. The primary risk is the discrepancy in estimated values, which suggests the asking price may not reflect recent market evidence and could require careful due diligence on comparable sales. Strata levies at $798 per quarter are reasonable for the complex, but buyers should review the strata records for any upcoming special levies or sinking fund shortfalls. The rental potential of $550 per week provides a conservative income buffer. This property is best held as a permanent residence to maximise lifestyle benefits, or as a long-term rental in a coastal market with steady demand.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 25/11 Payne Street, Narooma NSW 2546
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Market Insight:

Narooma presents as a mature coastal market with a strong owner-occupier presence, particularly appealing to those in or approaching retirement. Demand is driven by this demographic seeking lifestyle properties, evidenced by high outright ownership. The housing market shows solid capital growth, while the unit segment has softened. Future performance will hinge on this sustained demographic demand, though sensitivity is noted with recent rental declines indicating potential affordability pressures for investors.
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PropCred Estimated Value

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