4/5 Bangalow Street, Ettalong Beach NSW 2257

Well-maintained 3-bedroom townhouse | internal lift for multi-level living | boutique complex with owner-occupier feel | strong value growth since March 2024 purchase This property presents a rare configuration in Ettalong Beach: a near-new townhouse with a lift, making it genuinely suited to downsizers or those with mobility needs who would otherwise leave the suburb. The boutique development and high owner-occupier ratio (85%) reinforce a stable, cared-for environment. The estimated value uplift of around $100,000 in under a year suggests buyer demand is outpacing supply for this type of stock. It best serves buyers wanting a lock-and-leave home with no renovation risk and strong resale potential to an older demographic. The primary risk is the lack of land and limited price ceiling compared to detached houses in the suburb. Future capital growth will depend on continued demand from the 60+ demographic, which already makes up 48% of the population. The 0% auction clearance rate in the suburb signals a cautious market, so resale timing matters. The lift is a genuine differentiator but also a maintenance item. Hold this property as a medium-term home or rental, not a short-term flip.