64 Gumnut Road, Yamba NSW 2464
64 Gumnut Road, Yamba NSW 2464
3 bed | 2 bath | 569m² | off-market | flood overlay possible | strong rental demand
This property sits in a well-established detached-house pocket where demand remains consistent. The 3-bedroom, 2-bathroom layout on a 569m² block suits first-home buyers, investors, and downsizers seeking single-level living with manageable outdoor space. The configuration is mainstream for the area, which means it appeals to a broad buyer pool rather than a niche one. Rental interest is active, with similar houses in the immediate street leasing well, indicating the property could perform strongly as an investment while also offering comfortable owner-occupier appeal. Its smaller land size relative to some neighbours is not a disadvantage here; it keeps the entry price more accessible in a suburb where median house values have risen steadily.
Flood overlay exposure may be relevant in this precinct, which could affect insurance costs and lending options. The property’s estimated value sits below the broader suburb median for 3-bedroom houses, reflecting the smaller land parcel and possibly the need for some updating. Buyers should weigh the potential for renovation or extension against the flood constraint. The street’s mix of standard and upgraded homes suggests presentation will matter when forming a price view. A well-maintained interior and tidy exterior could position this property competitively, while deferred maintenance might narrow its buyer appeal. Rental yield appears reasonable, offering a buffer if holding as an investment.
Detailed Independent Property Report prepared by PropCred Analyst team for 64 Gumnut Road, Yamba NSW 2464
Checks found:
Value Risk
2
Liquidity Risk
2
Planning Risk
2
Income Risk
Execution Risk
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Market Insight
Yamba, on the NSW far north coast, is a coastal market defined by house sales (77% of transactions) and a buyer base of older professionals drawn to its relaxed lifestyle. After a decade of strong 8.3% compound annual growth, house prices have cooled: median values span $825,000 to $922,500, with recent annual declines of -5.63% and -10.0%. Units bucked the trend, rising 5.7% to $740,000 and delivering 4.3% gross yields. Sales volume remains steady at roughly 150 houses yearly, with median days on market at 64. The market is trading near long-term trend, and prices sit below the NSW median of $1,211,507, offering relative affordability. Key constraints include rate sensitivity and short-term softening, though the established lifestyle demand and infrastructure from local agencies underpin stability.
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PropCred Estimated Value
Comparable Sales: 66 Gumnut Road sold $709,000; 34 Gumnut Road sold $660,000 | Property Price Band: $700,000–$800,000 | Value Drivers: land size, condition, flood overlay impact
Bedrooms
3
Bathroom
2
Parking
1
Land
570m²
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