37 Hall Drive, Murwillumbah NSW 2484
37 Hall Drive, Murwillumbah NSW 2484
Wrap-around verandah with mountain views | 1324m² block in town | solar panels detected | strong rental yield potential | freshly painted with new carpets.
The property’s primary competitive edge is its generous 1324m² block within walking distance to Murwillumbah’s amenities, a rarity that underpins both lifestyle and future subdivision or extension potential. The freshly updated interior, combined with solar panels and a large timber verandah capturing mountain views, offers immediate livability with minimal initial outlay, making it particularly suited to families seeking space or investors targeting strong rental demand in the Northern Rivers growth corridor. The open-plan layout, study area, and multiple car spaces add functional depth for a range of buyers.
The key risk is the flood overlay, which may affect insurance costs and future resale appeal, though the property’s 9-metre ground elevation and absence of bushfire or heritage constraints partially mitigate this. The current estimated value range sits below the listing price, suggesting a negotiation opportunity for buyers willing to act on market data. The property’s rental yield potential at $845 per week provides a solid holding strategy while capital appreciation from the large block plays out. Hold for medium-term land value growth or consider a future subdivision feasibility study.
Detailed Independent Property Report prepared by PropCred Analyst team for 37 Hall Drive, Murwillumbah NSW 2484
Checks found:
Value Risk
2
Liquidity Risk
2
Planning Risk
2
Income Risk
1
Execution Risk
2
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Market Insight
Murwillumbah presents as a mature, established market with strong recent capital appreciation, driven by a growing and affluent demographic. Demand is anchored by a professional, middle-aged population seeking a lifestyle shift, supporting a stable sales environment with houses moving at a measured pace. Future growth will likely hinge on sustained demographic trends, though the market’s current momentum suggests continued appeal for buyers aligned with its character.
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PropCred Estimated Value
Bedrooms
3
Bathroom
1
Parking
4
Land
1324m²
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