73 Merrick Circuit, Kiama NSW 2533

New coastal build | internal lift | 495sqm block | Kiama forever home This property’s primary competitive edge is the internal lift in a new coastal build on a near-500sqm lot, a rare configuration in Kiama that directly serves downsizers or multigenerational buyers who would otherwise leave the area. The combination of single-level practicality with two-storey space, plus the lift, gives it a differentiated position against the typical Kiama stock of older homes on larger blocks or newer townhouses with stairs. It suits buyers who want a lock-and-leave coastal home without sacrificing accessibility, and its placement in a desirable enclave means it competes less on price and more on feature set. The bushfire overlay introduces a non-negotiable compliance cost and may restrict future landscaping or extensions, which a buyer must factor into their budget. No heritage or flood overlays reduce complexity, and FTTP NBN is a supporting value add. The rental yield at median $560pw is modest relative to the estimated value range, so this is not a high-yield investment but a lifestyle hold with capital growth potential. Buy for the lift and the block, not for the rental return.