29 Elizabeth Street, Moruya Heads NSW 2537

29 Elizabeth Street, Moruya Heads NSW 2537
3-bedroom house | 558sqm block | 4 parking spaces | Moruya Heads | long-held since 1993 This propertyโ€™s competitive edge lies in its rare combination of a generous 558sqm block with four dedicated parking spaces in a coastal suburb where land is tight and median prices sit at $751,250. The 85% owner-occupier street profile signals stable, low-turnover neighbours, and the long single ownership since 1993 suggests a well-maintained core structure. Best suited to buyers wanting a solid family house with room for vehicles or a small boat, without paying a premium for a full renovation project. The primary risk is the 92-day average days on market locally, combined with zero auction clearance rate, indicating a slow-moving buyer pool and limited urgency. The age profile skewing over 60 suggests limited future school-driven demand, and the 6.9km distance to high school reduces appeal for families with older children. Opportunity lies in negotiating below the $800,000-$850,000 asking range given the soft market. Hold this property as a long-term coastal base or retiree home, not a short-term flip.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 29 Elizabeth Street, Moruya Heads NSW 2537
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Market Insight:

Moruya Heads presents a stable coastal market with solid fundamentals. Recent price growth reflects sustained demand, likely from lifestyle buyers and investors attracted to its relative affordability. The market demonstrates steady momentum, with houses transacting efficiently, while rental yields for both houses and units remain attractive. Future performance will hinge on broader economic conditions and the balance of local supply against this consistent demand.
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PropCred Estimated Value

Bedrooms

3

Bathroom

1

Parking

4

Land

558mยฒ

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