38A Callen Avenue, San Remo NSW 2262
38A Callen Avenue, San Remo NSW 2262
Single-level duplex on large 697m² lot | renovated kitchen, solid brick | dual school catchment, no overlays | suited to first-home or downsizer
The property’s primary competitive advantage is its unusually large 697m² lot within a duplex format, which is rare for San Remo and supports a valuation well above the current list price range. The solid brick and tile construction, renovated kitchen, and reverse-cycle air conditioning reduce immediate capital outlay for a buyer. This house is best positioned for a first-home buyer seeking a low-maintenance home with land, or an investor targeting the rental midpoint of $515 per week with potential for long-term capital growth given the lot size.
The main risk is the duplex title, which may limit future subdivision or development compared to a standalone house, and the estimated value discrepancy—$874,000 versus $607,000—signals market uncertainty that a buyer should use to negotiate firmly. The fully fenced yard and outdoor area add lifestyle appeal but require inspection for structural condition. An opportunity exists to hold for rental yield while the Central Coast market appreciates, or to add value through minor landscaping or a second living space. Use this property as a long-term hold with land banking potential.
Detailed Independent Property Report prepared by PropCred Analyst team for 38A Callen Avenue, San Remo NSW 2262
Checks found:
Value Risk
Liquidity Risk
1
Planning Risk
Income Risk
1
Execution Risk
2
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Market Insight
San Remo presents as an affordable entry point for family-oriented buyers, with its median house price well below the state average. Demand is driven by young families, evident in the suburb’s demographic profile, seeking value and space. The market exhibits strong recent capital growth and healthy turnover, indicating sustained buyer interest. Future growth is supported by this solid demand foundation, though the suburb’s relative affordability suggests it remains sensitive to broader economic and interest rate cycles.
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PropCred Estimated Value
Bedrooms
2
Bathroom
1
Parking
1
Land
697m²
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