6/45 Shirley Street, Byron Bay NSW 2481

6/45 Shirley Street, Byron Bay NSW 2481
Top-floor Beaches Apartment | Belongil Beach walkscore | holiday-let ready fully furnished | long owner-occupier tenure signal This is a rare fully furnished top-floor unit in a well-managed complex with a 10-year average owner tenure, which signals strong building quality and limited turnoverโ€”both competitive advantages for a buyer. The beach proximity and turnkey condition suit an investor seeking immediate holiday-let income or a buyer wanting low-maintenance coastal living without renovation risk. The configuration is compact but efficient, and the secure parking and pool add rental premium potential. The bushfire overlay is a known Byron Bay coastal risk that may affect insurance costs and lender appetite, but it is not uncommon here and typically manageable. No flood or heritage issues simplify due diligence. The estimated rental return of $730 per week supports a sound yield for the price range, though the upper end of the guide requires confidence in continued holiday demand. Hold as a holiday-let income property or use as a lock-and-leave base; selling within five years is likely premature given recent growth.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 6/45 Shirley Street, Byron Bay NSW 2481
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Market Insight:

Byron Bay remains a premier coastal destination, with demand anchored by affluent professionals, families, and retirees seeking its renowned lifestyle and natural assets. This has sustained a high-value market, though recent conditions have softened significantly from peak levels, with a notable price correction reflecting a post-COVID rebalancing. Current dynamics show a market with adequate supply and diminished urgency, presenting both opportunity and risk, as future growth will hinge on enduring lifestyle appeal while navigating affordability constraints and sensitivity to economic conditions.
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PropCred Estimated Value

Bedrooms

1

Bathroom

1

Parking

1

Land

1220mยฒ

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