76 Jerry Bailey Road, Shoalhaven Heads NSW 2535
76 Jerry Bailey Road, Shoalhaven Heads NSW 2535
5 beds on 582sqm | 2023 resale | Low-maintenance gardens | 500m to primary school
This house presents a strong core offering for a family, with its five-bedroom configuration on a substantial, low-maintenance lot in a low-density zone providing scarcity value. Its prime positioning within walking distance to the local public school anchors its utility and enduring appeal to the owner-occupier segment, making it a competitively rare find in that catchment. The contemporary presentation and dedicated outdoor living areas further solidify its move-in readiness.
The decision hinges on the listed price, which carries a 9% premium over modelled valuation and a 20% mark-up from its 2023 sale. This demands immediate due diligence on interior condition and local comparable sales to justify the premium. For a buyer, the commercial logic is long-term hold; the property’s fundamentals support capital growth, but securing it above true market value erodes your equity position from day one. Proceed only with a disciplined offer strategy anchored to recent sales evidence.
The property last sold for $1,020,000 in April 2023, following a prior sale at $680,000 in August 2019. This represents a 50% increase over the four-year period preceding the vendor’s purchase, indicating strong historical appreciation. For a buyer today, this trajectory underscores the area’s momentum but also sets a high vendor expectation that must be validated against more recent, comparable market activity.
Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ
Market Insight:
Shoalhaven Heads is a coastal lifestyle suburb attracting established buyers and downsizers, with demand driven by its residential character and proximity to regional centres. The housing market has demonstrated robust growth, contrasting with a more subdued unit sector. This divergence reflects a market where houses appeal to those seeking a permanent coastal lifestyle, while units cater to more budget-conscious entrants. Future prospects are anchored in these enduring lifestyle drivers, though the market’s bifurcation between asset types is a notable consideration.