580 The Scenic Road, Macmasters Beach NSW 2251
580 The Scenic Road, Macmasters Beach NSW 2251
Multi-level coastal house | dual-living studio | beach/lagoon views | pool | bushfire overlay
This property stands out for its rare combination of a large coastal lot, multi-level family layout, and a self-contained studio above the garage—offering genuine flexibility for extended families, guests, or rental income. The renovated interiors with premium finishes and multiple outdoor decks maximise the beachside lifestyle, while the consistent ocean and headland views from upper levels add a layer of desirability that most nearby homes lack. It serves best a buyer seeking a versatile coastal family residence with income potential or multi-generational living, positioned above typical Macmasters Beach stock in both land size and configuration.
The property’s value may be shaped by the inconsistency in public records regarding bedroom and bathroom counts, which could affect financing or appraisal expectations. The bushfire overlay introduces a real consideration for insurance and future development, though no flood or heritage constraints appear. The dual-living component and pool may support strong rental demand, but the property’s age, with a pre-1980 core, may require ongoing maintenance despite renovations. Buyers should weigh the premium for views and secondary accommodation against the practical costs of coastal upkeep and the uncertainty around exact specifications.
|| Comparable Sales: 508 The Scenic Road sold Jun 2023 (5 bed, 677 m², price undisclosed); 490 The Scenic Road listed at $1.2M | Property Price Band: $1.7M–$1.9M | Value Drivers: land size, dual-living layout, view aspect, pool condition
Detailed Independent Property Report prepared by PropCred Analyst team for 580 The Scenic Road, Macmasters Beach NSW 2251
Checks found:
Value Risk
2
Liquidity Risk
Planning Risk
1
Income Risk
2
Execution Risk
2
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Market Insight
Macmasters Beach holds a coastal premium position, with a median house price of $1.72 million and scarce unit stock—strata apartments make up just 2.3% of dwellings. That detached-house profile attracts families, downsizers, and professionals, while the high entry price limits first-home buyer access. The market is soft: house prices fell 8.8% over the past year, with alternative sources showing declines between 3.6% and 8.8%. Houses take 114 days to sell, and gross rental yield sits at 2.58%, with weekly rent around $750–$775. Sales volume is thin at 25–34 transactions annually, reinforcing a low-liquidity, rate-sensitive environment. Future growth depends on sustained coastal demand and constrained supply; the key risk is continued price correction if interest rates remain elevated.
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PropCred Estimated Value
Comparable Sales: 508 The Scenic Road sold Jun 2023 (5 bed, 677 m², price undisclosed); 490 The Scenic Road listed at $1.2M | Property Price Band: $1.7M–$1.9M | Value Drivers: land size, dual-living layout, view aspect, pool condition
Bedrooms
4
Bathroom
2
Parking
2
Land
809m²
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