3/20 Byron Street Lennox Head NSW 2478

3/20 Byron Street Lennox Head NSW 2478
Ground-floor unit with private courtyard | 350m to beach | single-level complex | walk to village shops and school This property presents a competitively strong, low-maintenance entry into a high-demand coastal village. Its ground-floor position with dual access and a private courtyard is a rare configuration for units, offering a tangible lifestyle edge that appeals directly to downsizers or weekender buyers seeking seamless indoor-outdoor living. The immediate proximity to the beach, school, and village centre cements its appeal for both owner-occupiers and rental investors targeting the surf and lifestyle market. The primary decision hinges on reconciling the wide variance in estimated values, with some figures significantly exceeding the suburb unit median. This risk mechanism costs the buyer certainty and demands immediate, independent valuation to anchor your offer. The opportunity lies in acquiring a modernisable unit in a prime, walkable location where comparable three-bedroom sales in the same complex have achieved strong prices, suggesting underlying complex value. Proceed with an offer strategy informed by a professional valuation and strata inspection, as Propcred can precisely benchmark this property against verified sales and audit locality risks like council zoning and insurance exposure. Recent sales in the immediate complex provide critical context: – 11/20 Byron Street: Sold for $1.52m in Jan 2025. This was a larger three-bedroom, two-bathroom townhouse. – 1/20 Byron Street: Currently marketed with a price guide of $970k-$1.05m. This is a three-bedroom, one-bathroom unit with two car spaces. This two-bedroom unit will command a lower price than these three-bedroom comparables, but the recent sale activity demonstrates solid demand and capital growth within the building.

Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ 

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Market Insight:

Lennox Head is a premium coastal suburb with a lifestyle-driven market. Demand is anchored by homeowners and investors seeking its coastal appeal, reflected in consistent annual sales volumes. Recent price trends show a divergence, with house values experiencing some softening while the unit market demonstrates stronger growth. Future prospects are supported by its established desirability, though high entry prices present an affordability constraint and the market exhibits sensitivity to broader economic conditions.
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PropCred Estimated Value

Bedrooms

2

Bathroom

1

Parking

1

Land

2209mΒ²

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