31A Coral Road, Woolooware NSW 2230
31A Coral Road, Woolooware NSW 2230
North-facing 836sqm land | Woolooware family pocket | Pool-spa-cabana entertaining | Private leafy setting
This property offers a rare combination of a north-facing 836sqm level block with a complete indoor-outdoor entertaining infrastructure in a quiet, private Woolooware position. The substantial family residence, pool, heated spa, and cabana create a self-contained lifestyle package that commands premium demand in the local market. For a buyer seeking a turnkey family home with immediate lifestyle utility and strong resale appeal, this propertyโs configuration and positioning serve as a competitive edge.
The primary risk is the 2011 purchase price of $875,000, which signals a low cost base but does not reflect current market value; the estimated $2,671,000 valuation should be stress-tested against recent comparable sales in Coral Road. The land size discrepancy between 836sqm and 823sqm warrants verification, as even a small variance affects per-square-metre value. The opportunity lies in the propertyโs ability to hold value through its unique combination of north-facing orientation, level land, and resort-style amenities, which are scarce in this suburb. A buyer should hold this property as a long-term family home, capitalising on Wooloowareโs steady demand from upgraders and the enduring appeal of a private, pool-equipped residence on a generous parcel.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 31A Coral Road, Woolooware NSW 2230
Market Insight:
Woolooware is a coastal suburb offering a blend of residential living and recreational amenities, currently positioned below its long-term trend. Demand is driven by a diverse buyer profile, with apartments appealing to first-home buyers and downsizers, while houses attract families and established professionals drawn to the family-friendly environment and proximity to the coast. Recent price trends have softened, with houses selling below original asking prices, indicating a buyer’s market. Future growth is underpinned by its coastal appeal, though the market shows sensitivity to broader conditions with a higher volume of unit sales.