4 Seacrest Place, Lennox Head NSW 2478
4 Seacrest Place, Lennox Head NSW 2478
Elevated coastal land | DA approved | North-east aspect | Quiet cul-de-sac | Bushfire overlay
The property’s primary strength is its rare combination of an approved development pathway and a north-east aspect with uninterrupted ocean views in a quiet Lennox Head cul-de-sac. For a buyer seeking a turnkey land position, the existing DA removes the most uncertain stage of the build process and compresses the timeline to occupancy. The 1033m² parcel is large enough to accommodate a substantial coastal residence, and the orientation delivers warm morning light and consistent sea breezes—features that typically command a premium in this market. This is best suited to an owner-occupier with a clear design intent, not a passive investor.
The bushfire overlay introduces a material cost and design constraint that must be factored into the build budget and may limit certain architectural choices. The wide value spread between recent estimates—$1.28m to $3m—reflects low data confidence and means the buyer must verify the current asking price against the December 2025 comparable sale of $2.15m for a smaller site. The rental yield at 2.59% is weak, making this a land-holding play rather than an income-producing one. The buyer should proceed only after confirming the DA’s expiry date and any council conditions, then hold as a long-term owner-occupied project.
Detailed Independent Property Report prepared by PropCred Analyst team for 4 Seacrest Place, Lennox Head NSW 2478
Checks found:
Value Risk
✕
2
Liquidity Risk
✓
Planning Risk
✓
Income Risk
✓
Execution Risk
✕
2
Market Insight
Lennox Head is a premium coastal suburb with a lifestyle-driven market. Demand is anchored by homeowners and investors seeking its coastal appeal, reflected in consistent annual sales volumes. Recent price trends show a divergence, with house values experiencing some softening while the unit market demonstrates stronger growth. Future prospects are supported by its established desirability, though high entry prices present an affordability constraint and the market exhibits sensitivity to broader economic conditions.
PropCred Estimated Value
Bedrooms
-
Bathroom
-
Parking
-
Land
1032m²
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