Renovated coastal 3/2/2 | Near beach & village | Low-maintenance with views | Golf course proximity
This property presents a competitively strong offering in a prime coastal pocket, combining a fully updated, low-maintenance home with a highly convenient lifestyle position. The comprehensive internal upgrades and secure, private outdoor spaces create immediate livability, serving owner-occupiers seeking a turnkey coastal lifestyle or an investor targeting the premium rental segment. Its walkability to the beach, golf, and village amenities is a rare and durable value driver that underpins demand.
The decision hinges on paying a premium for this convenience and condition within a suburb where direct comparables are scarce. The main risk is market acceptance of the listed price point without recent, like-for-like sales evidence. The opportunity is securing a modernised property in an irreplaceable location, which typically sustains capital growth and rental appeal. This property is best acquired as a long-term hold, either as a permanent residence or a strategic investment in a tightly held locale.
Sales history indicates significant appreciation:
– Oct 1990: $115,000
– Oct 2006: $295,000
– May 2017: $315,000
This trajectory demonstrates strong long-term capital growth, with the most recent transaction seven years ago. The substantial increase from the 2017 price to the current listing reflects both market movement and the value added by the extensive renovations completed since that purchase.