60 Iluka Circuit, Taree NSW 2430

Bushfire overlay | 2 acres for lifestyle not income | 6% site coverage limits expansion | Rental yield below 3% | No sales history to anchor price The bushfire overlay introduces a compliance cost that may affect insurance premiums and future development approval, reducing the property’s liquidity for a standard mortgagee sale. The 6% site coverage means you are buying land you cannot easily build on which works if you value space over subdivision but it also caps any future capital uplift from densification. The rental yield sits at the lower end for regional acreage suggesting this is a hold-for-use property not an income-first investment. On balance this is a family home buy not a portfolio building play. What makes this property competitively rare is the combination of 2.11 acres in a blue-chip Taree street with a circular driveway and extensive shedding all of which appeal to buyers who need space for vehicles boats or hobbies without leaving town. The oversized bedrooms and separate living zones suit a multigenerational or work-from-home household particularly with FTTP already connected. This property serves best a buyer who will occupy it for at least five years and values acreage lifestyle over yield or subdivision potential. If you are ready to act book a private bushfire assessment and confirm your insurer’s appetite before auction day to avoid a surprise premium.