5 Curlew Close, Mirador NSW 2548

2021 built | 4 bed 3 bath | 1133m² ocean-view lot | quiet cul-de-sac | no overlays This property presents a competitively strong offering due to its rare combination of a large, view-protected lot and modern construction within a coastal estate. The 2021 build date eliminates near-term capital expenditure risks, while the absence of bushfire or heritage overlays streamlines the approval process for any future improvements. It serves buyers seeking a permanent or holiday home with premium space and views that cannot be built out, positioning it above the typical suburban stock in both specification and scarcity. The primary decision rests on accepting a premium for its configuration against a slowing local market for large homes. The gross rental yield is low, signalling this as a capital growth play rather than an income property. Its value is supported by comparable sales, but the significant sales volume decline for four-bedroom houses in Mirador indicates softened demand, requiring a longer investment horizon. Acquire to hold for personal use or long-term appreciation, not for short-term gain or high yield. A comparable sale at 2 Nov 2024 nearby achieved $1,600,000 on a 1068m² lot. This transaction, approximately $800,000 below this property’s estimated value, underscores the substantial price premium commanded by the subject’s newer build, superior views, and larger footprint. It validates that top-tier attributes in this market segment retain significant value differentials.