26B Wallbank Way Bulli NSW 2516

Two-bedroom townhouse, Bulli coastal strip | Price aligned to local median | 91% long-term residents on street | Strong school catchment within 1km. This property offers a rare combination of a tightly held street and a floorplan that suits downsizers, investors, or first-time buyers seeking a lock-and-leave position. The two-level layout with ensuites to both bedrooms is uncommon in this price band and gives genuine separation of space. Its location within walking distance to two public schools and a Catholic primary anchors demand from families who want a smaller footprint without leaving the suburb. The 75% owner-occupier profile in Bulli supports price stability, and Wallbank Way’s low turnover—only two current listings among 95 properties—means limited competition for a buyer who moves decisively. The primary risk is that the property sits slightly above the suburb’s median for two-bedroom houses, which narrows the resale pool to buyers who value configuration over square metres. Without a third bedroom or dedicated study, it may take longer to sell in a softer market. The 2020 purchase price suggests the vendor holds a low cost base, so negotiation room exists if the property has been on market for more than 30 days. For an owner-occupier, this works as a long-term hold with low maintenance and good rental demand as a backup. For an investor, the rental yield will be modest, but capital growth is supported by the street’s demographic stability and school catchment. Hold for at least five years to let the location premium compound.