5 Eugene Street, Kiama NSW 2533

5 Eugene Street, Kiama NSW 2533
4 bed | 3 bath | 2 car | refurbished family house | 533sqm lot | Kiama premium segment This property sits in the upper end of Kiama’s family housing market, combining a generous four-bedroom configuration with three bathrooms and a 533sqm lot that supports genuine indoor-outdoor living. The refurbished finish suggests a move-in-ready proposition that avoids the time and cost of renovation, which typically commands a premium from family buyers and upgraders seeking convenience. Its layout appears flexible enough to suit both permanent residents and holiday-use scenarios, broadening its appeal in a coastal town where detached houses of this size and condition are not abundant. The quarterly rates of $592 council and $184 water are consistent with a well-serviced residential block. The recent street-level sale at the same address for $1.45m in August 2024 provides a meaningful reference point, though the current asking range of $1.8mโ€“$1.9m may reflect a significantly improved interior or a stronger market phase. Buyers should weigh whether the refurbishment justifies that uplift or if the property is priced at the upper boundary of what the local market will support. Without confirmed details on build year, orientation, or specific finishes, the value depends heavily on the quality of the renovation work and how the home compares to other premium detached houses in Kiama. The absence of rental yield data means investors must rely on local knowledge of demand rather than published figures.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 5 Eugene Street, Kiama NSW 2533
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Market Insight:

Kiama presents a market of distinct divergence, with unit values demonstrating robust growth while houses have experienced a softening in prices. This dynamic is attracting investor interest, drawn by the stronger rental yields available in the apartment segment. The market is active, with sales volumes rising, yet it remains a measured environment with properties taking time to sell. Future performance will hinge on the balance between this investor demand and the broader affordability pressures reflected in the house price trend.
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PropCred Estimated Value

Bedrooms

4

Bathroom

3

Parking

2

Land

533mยฒ

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