32A Yarrawonga Drive, Mollymook Beach NSW 2539
32A Yarrawonga Drive, Mollymook Beach NSW 2539
4 bed / 2 bath / 1 car | 327 m² | Bushfire overlay | ~2.5% gross yield | Compact infill on premium golf-course street
This property competes on location and efficiency rather than land size. It sits on a street known for elevated, private homes with golf-course frontage, yet its 327 m² footprint positions it closer to a low-maintenance, lock-and-leave profile — ideal for downsizers, holiday buyers, or those seeking coastal lifestyle without the upkeep of a larger block. The four-bedroom layout adds flexibility for families or guests, while the estimated $530 weekly rent suggests steady holiday or long-term demand. Its compact nature is not a weakness here; it is a deliberate fit for a buyer prioritising amenity and convenience over sprawling grounds.
The bushfire overlay is a genuine consideration, as it may affect insurance premiums and future landscaping or building choices. The smaller land parcel, relative to the street’s typical larger lots, could limit appeal for buyers seeking outdoor space or expansion potential. The implied yield near 2.5% is modest, more aligned with capital-growth expectations than income return. While the estimated value sits around $1.118m, the final price may hinge on how the interior finish and presentation compare to expectations — given limited detail on condition, a buyer should verify kitchen, bathroom, and overall build quality before committing.
Detailed Independent Property Report prepared by PropCred Analyst team for 32A Yarrawonga Drive, Mollymook Beach NSW 2539
Checks found:
Value Risk
Liquidity Risk
Planning Risk
Income Risk
2
Execution Risk
2
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Market Insight
Mollymook Beach is a coastal market drawing established families, professionals, first-home buyers, downsizers and investors, with 11.5% of stock strata-titled units appealing to entry buyers. House medians hover near $1.25 million, though annual growth reads conflictingly: 5.04% and 8.2% in recent sources, while another shows a 5.2% decline. Unit medians sit at $730,000, with one source recording a 2.34% fall and another a 6.2% rise. Houses take roughly three months to sell on 73–77 annual sales. Rental yields are modest: houses 2.9–3.04%, units 3.9–4.23%, with median weekly rents of $650 for houses and $530–550 for units. Demand rests on coastal lifestyle and long-term appreciation, evidenced by 10-year compound growth of 8.3%, 20-year 5.2%, and 36-year 5.6%. The key constraint is valuation: the market sits above its long-term trend and is currently overvalued, with prices stabilising after a strong run.
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PropCred Estimated Value
Comparable Sales: 24 Yarrawonga Drive sold July 2025 on 680 m²; 32 Bushland Avenue sold $1,275,000 on 777 m² | Property Price Band: $1.1M–$1.2M | Value Drivers: Bushfire overlay, compact land size, interior condition, golf-course street prestige
Bedrooms
4
Bathroom
2
Parking
1
Land
327m²
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