44 Koorangi Avenue, Elanora Heights NSW 2101

44 Koorangi Avenue, Elanora Heights NSW 2101
Large 835mยฒ block | dual-living with approved flat | elevated bush-adjacent setting | strong rental upside This property is competitively positioned as a flexible dual-living house in a desirable Northern Beaches pocket. The approved granny flat and 7-bedroom configuration create a rare income-producing opportunity, making it well suited to multi-generational families or an owner-occupier seeking offset rental returns. The private, leafy setting with pool and alfresco areas adds lifestyle appeal that broadens buyer demand. The main risk lies in inconsistent floor area data and potential bushfire or flood overlays, which could affect insurance costs and future renovation approvals. Buyers should verify the exact internal size and council restrictions before committing. The commercial logic here is the dual-income potential, which justifies a higher entry price than a standard home. To hold this property, treat the granny flat as a consistent rental stream while the main residence offers long-term capital growth in the Northern Beaches market.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 44 Koorangi Avenue, Elanora Heights NSW 2101
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Market Insight:

This established suburb exhibits a stable, high-value housing market with a deeply rooted resident base, indicating strong long-term appeal. Demand is underpinned by owner-occupiers, evidenced by exceptionally high long-term tenure. Recent price trends for houses show stability, while the unit market has experienced some softening. The market is characterised by steady turnover and moderate rental yields. Future growth will rely on the suburb’s inherent stability, though the divergence between house and unit performance suggests a nuanced market with potential affordability constraints for new entrants.
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PropCred Estimated Value

Bedrooms

7

Bathroom

4

Parking

2

Land

834mยฒ

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