69D Vera Drive, Coffs Harbour NSW 2450
69D Vera Drive, Coffs Harbour NSW 2450
3-bed, 1-bath house | 543sqm with tenant | solar, deck, air con | below Coffs median | leased to Dec 2026
This property is competitively positioned below the local median for a modern, low-maintenance house with strong appeal to investors or downsizers. The existing lease at $590 per week provides immediate income certainty through to December 2026, which reduces vacancy risk for a buyer seeking cash flow from day one. The west-facing deck, solar system, and water tank add practical livability and lower running costs, making it a sensible choice for an owner-occupier who values efficiency over space.
The single bathroom is the main constraint, potentially limiting family demand and resale breadth. Buyers should confirm the title structure given the strata-plan reference, as any strata fees or shared arrangements could affect net yield and future flexibility. The tenancy means vacant possession is not available until late 2026, which may delay owner-occupier entry but also locks in rental income during a period of rate uncertainty.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 69D Vera Drive, Coffs Harbour NSW 2450
Market Insight:
Coffs Harbour is a high-income coastal hub with a diverse property mix, experiencing sustained demand from local buyers and regional sea-changers. The market has seen significant capital growth in recent years, with strong competition for well-priced houses. Future stability is linked to economic conditions, though underlying population growth and development capacity provide a solid foundation for the region.