41 White Haven Avenue, Magenta NSW 2261
41 White Haven Avenue, Magenta NSW 2261
4 beds | Conflicting land size & features | Bushland & ocean outlooks | Strong rental potential | Recently listed
This property presents a competitively strong offering as a large, four-bedroom house in a coastal setting, a configuration that is less common in a suburb where three-bedroom homes dominate. Its described design harmonizing with natural surroundings and capturing both bushland and ocean outlooks creates a rare sense of privacy and tranquility, positioning it for buyers seeking a permanent coastal residence or a high-amenity holiday home with proven rental demand. The connection to the Pullman resort estate further enhances its appeal for holiday letting. It serves best an owner-occupier valuing space and outlook, or an investor capitalizing on year-round tourism, as the suburb’s demographic leans towards older residents, indicating a stable, lifestyle-focused locale.
Critical decision points involve reconciling significant data conflicts that materially impact value: the land size is disputed between a modest 390mΒ² and a substantial ~2 hectares, which requires immediate title verification. Similarly, bathroom and parking counts vary across sources, suggesting possible listing inaccuracies. These discrepancies cost the buyer certainty and risk overpaying if the premium features are unverified. The commercial opportunity lies in securing a larger, rarer property type if the land size is confirmed, justifying its higher estimated value against recent street sales. Proceed only with urgent due diligence on land title and a building inspection to clarify the specifications; if the larger land and bedroom count hold, this property warrants a premium hold as a lifestyle asset with dual-use potential.
Recent sales on White Haven Avenue illustrate the market context:
* 76 White Haven Ave: $1,450,000 (Jul 2024) Β 3 bed, 2 bath, 2 car townhouse.
* 72 White Haven Ave: $1,200,000 (Dec 2022) Β House.
* 40 White Haven Ave: $1,200,000 (Apr 2022) Β House.
* Various other sales (2016-2018) ranged from $720,000 to $790,000.
This history shows the subject property’s estimated value is notably above recent street medians, a premium that must be justified by its larger size, superior outlook, and confirmed land area.
Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ
Market Insight:
Magenta is a tightly held coastal enclave positioned for affluent, mature buyers seeking resort-style living. Demand is driven by established professionals and retirees, attracted by its prestige, ocean views, and low-density tranquility. The market exhibits strong recent price growth and extremely low vacancy, reflecting its desirability and scarcity. Future value is underpinned by limited supply and its exclusive setting, though this illiquidity and high entry point present constraints, with market velocity appearing inconsistent.