3/30 Matthew Parade, Batehaven NSW 2536
3/30 Matthew Parade, Batehaven NSW 2536
2-bed coastal unit | walk to beach and shops | strong rental yield | low-maintenance strata | established complex
Located in a quiet Batehaven pocket, this two-bedroom unit is positioned within a short walk of the beach, shops, and park facilities. The low-rise apartment stock on this street is limited, making the configuration uncommon in the local market. The unit is well suited to investors seeking income, downsizers wanting low-maintenance living, or buyers looking for a coastal holiday base. A recorded rental yield of roughly 5.9% at the purchase price is supported by strong rental demand, and the established complex includes shared facilities such as a pool and tennis court, which add to the lifestyle appeal. The property sits within a mixed residential fabric that also contains detached houses, but the unit product offers a more affordable, lower-maintenance entry into the walk-to-everything coastal market.
Value may be affected by the unit’s aspect and floor level, which are not confirmed, and by the condition of the fit-out relative to better-presented comparables. The property might be compared with nearby units sold furnished or with water views, so presentation and upgrades could influence price. Strata levies and common-area maintenance may also be weighed by buyers, and coastal-bushfire planning constraints might affect financing.
Detailed Independent Property Report prepared by PropCred Analyst team for 3/30 Matthew Parade, Batehaven NSW 2536
Checks found:
Value Risk
Liquidity Risk
2
Planning Risk
Income Risk
2
Execution Risk
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Market Insight
Batehaven, a coastal suburb on the NSW South Coast, is positioned as a lifestyle market with broad buyer appeal. Demand is led by families, retirees, and coastal-lifestyle buyers, supported by a diverse housing mix—29.6% strata—and a 10-year CAGR of 5.8%. Recent conditions are softer. Median house prices sit between $750,000 and $790,000 depending on source, with annual growth ranging from -1.3% to -6.25%. Houses average 56 days on market, although three- and four-bedroom stock takes around 105–108 days. Units are mixed: one series shows $472,500 (-2.98%), another $527,500 (+12.2%). Rents are healthy: houses $540–$550 per week with gross yields of 3.7–4.01%; units $420–$425 per week with yields of 4.4–4.55%. Annual sales volume is thin at 37–45 houses, a constraint for liquidity. The aggregate house price of $607,458 remains well below the NSW state average of $1,211,507, and a Boomscore of 45/100 suggests a balanced market. Future growth drivers include coastal amenity access and sustained demand for NSW coastal property, with the key risk being the recent negative trajectory and low turnover.
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PropCred Estimated Value
Comparable Sales: 8/2-6 Matthew Parade sold for $429,000; 12/2-6 Matthew Parade sold for $418,000 | Property Price Band: $350,000–$450,000 | Value Drivers: condition, layout, aspect, coastal location
Bedrooms
2
Bathroom
1
Parking
1
Land
2432m²
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