38 Cresswick Parade, Dalmeny NSW 2546

38 Cresswick Parade, Dalmeny NSW 2546
Cresswick Parade coastal strip | large-block detached house | holiday-let demand nearby | ocean-view potential The property is positioned within a low-density coastal residential street where detached houses dominate and holiday accommodation sits close by. A generous block size is typical for this section of the street, giving the house a stronger land component than many compact coastal cottages. The dwelling itself is likely to suit a buyer seeking a permanent coastal home with room to garden, store a boat or caravan, or holiday-let the property without losing a suburban feel. Retirees and sea-change owner-occupiers would be well served by the combination of beach proximity, single-household layout, and outdoor living potential. The street’s mixed character, with both established homes and upgrade activity, adds flexibility for future improvement or redevelopment. The value may be shaped by the exact condition and presentation of the house, particularly whether the kitchen and bathroom have been updated or remain original. Land size and street position might affect the final price more than internal finishes, given the coastal lifestyle market’s focus on outdoor space and outlook. A buyer should also weigh the potential for holiday-let income, which could support a slightly higher price, against the distance to major services and the need for ongoing coastal maintenance. These factors may be reflected in the eventual sale price. >> Comparable Sales: 48 Cresswick Parade sold for $769,000 | Property Price Band: $700k–$800k | Value Drivers: land size, coastal street position, condition and layout
Detailed Independent Property Report prepared  by PropCred Analyst team for 38 Cresswick Parade, Dalmeny NSW 2546
Checks found:
Value Risk ✓
Liquidity Risk ! 1
Planning Risk ✕ 2
Income Risk ✕ 2
Execution Risk ! 1
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Market Insight

Dalmeny, a coastal suburb south of Sydney, trades at a median house price of $850,000, with annual growth between 12.6% and 18.7%. Houses rent for $600–$620 weekly, yielding 3.6%, while units sit at $305,000. Demand is driven by retirees and downsizers, plus Sydney migrants seeking affordability; families are a smaller cohort. The market is tight with houses selling in 51–62 days and only 30–38 annual sales. Infrastructure is limited-no train station, sparse public transport, and reliance on the Princes Highway. The Narooma school catchment rates average. Future growth hinges on beach proximity and constrained supply, but affordability is stretched near $850,000, and rate sensitivity is high given retiree reliance on low interest rates.
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PropCred Estimated Value

Bedrooms

3

Bathroom

2

Parking

2

Land

1307m²

Research & Review Prepared by Brian Moon, Analyst · Reviewed by Matt Proctor, Principal Analyst
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