61 Cornfield Parade, Fishermans Paradise NSW 2539

61 Cornfield Parade, Fishermans Paradise NSW 2539
Single-level coastal house with boat parking | Below median in low-supply suburb | Escarpment views and rural backdrop | Bushfire overlay present | Suits downsizers and lifestyle buyers This property is situated on a moderate block in a tightly held coastal enclave with limited supply. Its single level layout, generous floor plan, and dedicated boat and caravan parking are uncommon for its era. That parking directly supports the local recreational lifestyle. Inside, three bedrooms, two bathrooms, air conditioning, and a combustion fireplace provide year round comfort. The property is positioned to be of interest to downsizers wanting single level living and buyers needing secure boat or trailer storage. Lifestyle seekers appreciate the quiet setting with escarpment views. The bushfire overlay may affect insurance costs and buyer perception, possibly narrowing demand. The lack of water frontage in a coastal suburb might be a factor in value, though the recreational parking and views add appeal. Limited suburb sales data means price discovery is less transparent; buyer verification of recent comparables is advisable. A thin rental market could influence investor exit strategies. The overall positioning appears to account for these factors.
Detailed Independent Property Report prepared  by PropCred Analyst team for 61 Cornfield Parade, Fishermans Paradise NSW 2539
Checks found:
Value Risk
Liquidity Risk
Planning Risk 2
Income Risk 2
Execution Risk ! 1
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Fishermans Paradise NSW 2539

Fishermans Paradise is a coastal pocket within the Shoalhaven region, characterised by low housing stock which sustains buyer interest. Demand is driven by lifestyle-seeking regional buyers, with search activity remaining elevated. Recent price performance shows significant volatility, with conflicting growth signals indicating a nuanced market. While constrained supply in desirable areas underpins values, the market faces headwinds from broader affordability pressures and a softening in sales activity due to tighter financial conditions.
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PropCred Estimated Value

Bedrooms

3

Bathroom

2

Parking

2

Land

696m²

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