282/80 John Whiteway Drive, Gosford NSW 2250
282/80 John Whiteway Drive, Gosford NSW 2250
3-bed strata unit in Gosford | 3 parking spaces rare | bushfire and flood overlays present | 60% owner-occupied building
The property’s three parking spaces are an uncommon advantage in a strata complex, and the 60% owner-occupier ratio suggests a more stable building than many in Gosford. This unit suits a buyer who values parking and building quality over short-term capital growth, particularly given the local median for three-bedroom units sits at $655,000 and comparable sales in the building show mixed annual growth from -1.8% to 7.06%. The inspection schedule and fresh listing indicate a motivated seller, which may create negotiation room for a buyer prepared to act quickly.
The bushfire and flood overlays are material risks that could affect insurance costs and future resale appeal, and the wide gap between the two value estimatesโ$1.04 million versus $766,000โsignals pricing uncertainty that demands careful due diligence. The building’s recent sale of unit 422 at $630,000 provides a more grounded reference point than the higher estimates. For a buyer, this property works best as a long-term hold where the parking and building quality offset the overlay risks, and where the purchase price aligns with the building’s actual sales history rather than aspirational valuations.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 282/80 John Whiteway Drive, Gosford NSW 2250
Market Insight:
East Gosford is positioned as a revitalising urban centre, attracting young professionals, families, and investors drawn by its strong rental market and modernising infrastructure. While house prices have softened recently, the unit market shows resilience with solid growth and higher yields, supported by a tight rental environment. Future growth is underpinned by ongoing CBD renewal and population growth, though the market remains sensitive to broader economic conditions and interest rate movements.