5 Hardy Avenue, Ocean Shores NSW 2483

5 Hardy Avenue, Ocean Shores NSW 2483
No direct record for 5 Hardy Avenue, Ocean Shores | family-house suburb with strong coastal demand | larger-lot detached stock dominates | rental interest evident in the area | exact configuration unverified The property sits within Ocean Shores, a suburb where detached family houses on generous blocks are the core stock. If 5 Hardy Avenue follows this pattern, it would align with the stronger end of the local market, where three-to-five-bedroom homes with space for outdoor living are most sought after. The area attracts a mix of coastal lifestyle buyers, families looking for proximity to beach and parkland, and investors drawn to steady rental demand. A well-configured house here would serve an owner-occupier wanting room to grow or a buyer seeking a property with future renovation potential, given the suburb’s preference for updated finishes and functional layouts. The value of this house may be shaped by its land size and how the internal layout uses that space, as larger blocks with flexible floor plans tend to command a premium in this market. Condition and presentation could also play a meaningful role, since renovated homes in the suburb have shown stronger price outcomes than dated stock. The exact school catchment for the address may vary by street, and some nearby properties carry bushfire overlays, so a buyer should confirm planning and environmental constraints before committing. These factors might influence both purchase price and long-term appeal.
Detailed Independent Property Report prepared  by PropCred Analyst team for 5 Hardy Avenue, Ocean Shores NSW 2483
Checks found:
Value Risk 2
Liquidity Risk ! 1
Planning Risk ! 1
Income Risk
Execution Risk ! 1
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Market Insight

Ocean Shores, at a median house price of $1.3 million, has risen 17.1% annually; units are $965,000, up 11.6%. Sales volume is steady near 108 houses, with houses averaging 58 days on market (one source puts it at 87 days). Demand is driven by lifestyle and community appeal, and rental metrics support this: houses yield 4.1%, units 4.2%, with weekly rents of $950 and $750. Historically, capital growth is durable—20-year CAGR of 6.4% and 36-year CAGR of 7.6%—which attracts investors seeking long-term appreciation. As of early 2026, the suburb is assessed at fair value, indicating prices align with long-run trends and a rapid re-rating is unlikely. The recent 17.1% surge exceeds the historical pace, so affordability constraints are emerging; sustained growth hinges on the lifestyle-demand base that has defined the market.
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PropCred Estimated Value

Comparable Sales: 5 Berrimbillah Court sold at $1.955M; 5 Mundurra Avenue estimated at $1.28M–$1.68M | Property Price Band: $1.2M–$1.9M | Value Drivers: land size, renovation condition, layout flexibility

Bedrooms

4

Bathroom

2

Parking

2

Land

832m²

Research & Review Prepared by Brian Moon, Analyst · Reviewed by Matt Proctor, Principal Analyst
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