33 Eager Street, Corrimal NSW 2518

33 Eager Street, Corrimal NSW 2518
Large block | redevelopment upside | medium accuracy | no floor plan | zone unknown The property’s value hinges on its 1,151mΒ² block, which offers a rare canvas for renovation, extension, or redevelopment in Corrimal’s coastal corridor. A buyer must price in the cost of confirming council-approved zoning and the risk of holding through approval timelinesβ€”this is not a turnkey asset. The range of $1.15m to $1.53m reflects that potential, but without floor plan or sales history, the buyer assumes the full cost of investigation. The judgment: treat this as a land play with a liveable house, not as a finished home. The competitive advantage is exclusively the land. A 1,151mΒ² parcel in this location is scarce, and the house’s open fireplace and maintained condition provide immediate comfort while you pursue long-term plans. This serves a buyer who can defer occupancy or who values future subdivision potential over current finish. To establish credibility, nearby 7 Eager Street (998mΒ²) valued at $1.363m supports a premium for this larger block. The conclusion: confirm zone via council before committing, and budget for holding costs. This property rewards patience, not speed.

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

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Market Insight:

Corrimal presents as a well-established coastal suburb with a stable, professional demographic underpinning demand. Recent price growth reflects strong buyer activity, with the market characterised by tight supply and swift sales. Future momentum is supported by solid population and income growth, though affordability pressures from the established price point present a key constraint to entry.
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PropCred Estimated Value

Bedrooms

3

Bathroom

1

Parking

1

Land

1151mΒ²

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