448 Casuarina Way, Casuarina NSW 2487
448 Casuarina Way, Casuarina NSW 2487
Modern coastal house on a mixed street | Pool-ready family home | Beachside lifestyle suburb | Strong owner-occupier demand | Mid-sized lot
The property is positioned in a beachside suburb where modern detached houses are strongly favoured by family and lifestyle buyers. A contemporary internal layout is expected, with ducted air conditioning, multiple bedrooms, and outdoor entertaining areas suited to the coastal climate. The street is characterised by a mix of detached family homes and lower-maintenance villas, giving the immediate area a settled but varied tone. The property is best suited to a buyer who wants a comfortable modern house with beach access, local shops, and recreation facilities close at hand, without the compromise of a compact villa or strata complex.
Value may be shaped by the precise lot size, the orientation of living areas, and the standard of current finishes. A pool, modern kitchen, or established landscaping could be expected to lift the property beyond comparable sales, while any shared driveway or environmental constraint might temper that advantage. The condition and presentation of the property should be weighed against recent transactions within the immediate street, and the suburb’s dual permanent and holiday demand can be viewed as a potential source of resale resilience.
>> Comparable Sales: 404 Casuarina Way sold for $1.675M; 8/614-618 Casuarina Way sold for $500k | Property Price Band: $1.6M–$1.7M | Value Drivers: land size, modern condition, pool and outdoor entertaining
Detailed Independent Property Report prepared by PropCred Analyst team for 448 Casuarina Way, Casuarina NSW 2487
Checks found:
Value Risk
1
Liquidity Risk
2
Planning Risk
2
Income Risk
1
Execution Risk
1
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Market Insight
Casuarina NSW is a tightly held coastal market driven by established professionals and families seeking lifestyle properties. Tight supply and solid tenant demand underpin pricing. The median house price is $2.2m with a 5.8% annual compound growth rate; units median $1.1m with a 4.7% rental yield. Houses average 74 days on market. Over a decade, compound growth reached 11.3% annually, but the market is now above its long-term trend, signalling overvaluation. Unit prices slipped 2.2% in the past year, a constraint on further gains.
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PropCred Estimated Value
Bedrooms
4
Bathroom
2
Parking
2
Land
666m²
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