3 Kawana Street, Alstonville NSW 2477
3 Kawana Street, Alstonville NSW 2477
Generous 891m² block | workshop with power | solar already installed | strong family catchment | low environmental risk
The property’s strongest buying case lies in its rare combination of a large, flat 891m² block with a separate powered workshop and established fruit trees, features increasingly hard to find in family-friendly Alstonville. The 359m² floorplan, with multiple living areas, ensuite, and walk-in pantry, supports a household without immediate need for renovation. Proximity to Alstonville High School and The Plaza within minutes positions this house well for families seeking convenience and space, while the solar system and double garage with internal access reduce ongoing costs and improve daily practicality. This property serves best for buyers wanting a turnkey family home with outdoor utility and room for a future pool, subject to approval.
The principal risk is the 2002 purchase price of $186,750, which signals potential for capital gains tax implications if the property has been held as an investment, though current estimated value around $1.2 million reflects strong long-term appreciation. No flood, bushfire, or heritage overlay was detected, lowering insurance and approval costs. The estimated rental yield of 3.97% is modest for an investor, but the large block and workshop offer scope for subdivision or granny flat development, subject to council approval, which could improve returns. Hold this property as a long-term family residence or consider future subdivision for capital uplift.
Detailed Independent Property Report prepared by PropCred Analyst team for 3 Kawana Street, Alstonville NSW 2477
Checks found:
Value Risk
2
Liquidity Risk
1
Planning Risk
1
Income Risk
Execution Risk
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Market Insight
Alstonville offers a sought-after lifestyle position between Ballina and Lismore, with improved transport links enhancing its appeal. Demand is driven by a mature demographic and families seeking spacious, community-focused living, while strong rental yields attract investors. The market has demonstrated robust capital growth, with houses transacting steadily. Future growth is underpinned by its established community and lifestyle appeal, though its popularity may present ongoing affordability considerations.
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PropCred Estimated Value
Bedrooms
4
Bathroom
2
Parking
2
Land
891m²
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