42/20-26 Addison Street, Shellharbour NSW 2529
42/20-26 Addison Street, Shellharbour NSW 2529
Top-floor position | flexible layout | two bathrooms | Shellharbour Marina walkable | low planning risk
This apartmentโs competitive edge lies in its top-floor placement within a well-located strata complex, delivering privacy and a layout that includes a flexible second living spaceโrare for a two-bedroom unit in this price band. The dual bathrooms and secure garage strengthen its appeal to downsizers or professional couples seeking low-maintenance coastal living without compromising on space. For a buyer, this configuration reduces the pool of comparable stock and supports stronger resale demand.
The absence of flood, bushfire, or heritage overlays is a clear risk-reduction signal, but the exact outlook and floor level should be physically verified, as these directly influence value within the range. Strata levies and any history of special levies remain unconfirmed and could alter holding costs. The rental yield at current estimates is moderate, so this property suits an owner-occupier more than a yield-driven investor.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 42/20-26 Addison Street, Shellharbour NSW 2529
Market Insight:
Shellharbour presents as a mature, established coastal suburb with a demographic skew towards older professionals. Demand is primarily driven by this demographic, supported by consistent sales activity. Recent price performance for houses has been mixed with modest to slightly negative growth, though the unit market has shown significant strength. Future growth may be constrained by affordability pressures and a recent slight population decline, while the below-average auction clearance rate indicates a more measured market tempo compared to broader regional trends.