29 Adelaide Street Greenwell Point NSW 2540
29 Adelaide Street Greenwell Point NSW 2540
Corner block rarity |Water views one lot back |595mΒ² land |Est $1.84m value | 14yr hold since $150k. This three-to-four bedroom house on a 593sqm corner block suits downsizers or families drawn to water proximity and generous parking. Positioned just one property from the water its near-riverside location on a corner enhances accessibility and appeal without direct waterfront premium pricing. The 595sqm approx land size offers practical space for garaging up to five vehicles a standout for boating enthusiasts in this coastal pocket. Flexible layout with three bathrooms supports multi-generational living or guest stays common for properties here. In a street of standard homes this larger block and water orientation set it apart attracting buyers who prioritise lifestyle over urban convenience. Similar near-water houses in Greenwell Point have held value steadily buoyed by retiree demand in the 60+ demographic. Long-term appeal stems from the site’s corner advantage for future expansions amid limited local supply. Market positioning favours patient holders as low turnover since 2012 underscores its role as a solid lifestyle anchor.
Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ
Market Insight:
Greenwell Point is a coastal village with demand driven by retirees and lifestyle buyers seeking affordability. The market is niche with low turnover. Limited employment and infrastructure constrain broader appeal. Waterfront properties command a premium. Growth is steady but modest.