79-81 Coonanga Avenue, Halekulani NSW 2262

79-81 Coonanga Avenue, Halekulani NSW 2262
3-bed duplex on large parcel | dual-bath plus two-car | high rental demand signal | primary school at 0.2 km | land-record discrepancy This duplex is positioned as a higher-spec option in a suburb of older detached houses. The three-bedroom, two-bathroom, two-car configuration is less common than the older single-bath stock, and the large parcel is regarded as a genuine point of difference. Ducted heating and cooling, built-in robes, a dishwasher, and secure fencing are provided as standard. The primary school catchment is within easy walking distance, and rental interest is considered healthy. Owner-occupiers wanting a lock-and-leave family home, or investors targeting the family rental market, are best served here. The lakeside character and nearby waterways add lifestyle appeal. The value outcome may be influenced by the recorded land-size difference, as a larger parcel could support a premium. Presentation at inspection might prove decisive. The prior sale price may act as a mental anchor, though market movement could shift expectations. Rental yield outcomes might vary depending on the final purchase price. >> Comparable Sales: Subject property’s July 2025 sale at $800,000 | Property Price Band: $800K-$900K | Value Drivers: land size, presentation, dual-bath layout
Detailed Independent Property Report prepared  by PropCred Analyst team for 79-81 Coonanga Avenue, Halekulani NSW 2262
Checks found:
Value Risk ! 1
Liquidity Risk ✓
Planning Risk ! 1
Income Risk ✓
Execution Risk ! 1
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Market Insight

Halekulani, on the Central Coast, is a tightly held market with 61 house sales in the past year and a median house price of $800,000. Annual house price growth runs 9.6–11.9%, with homes selling in 21–43 days. Investors drive demand, attracted by gross yields of 3.5–5.3% and an exceptionally low 0.46% vacancy rate. Rental demand is strong, with median house rents around $550–560. The unit segment remains thin-just one sale and a 19% price drop-underscoring limited supply. Future growth relies on sustained buyer interest, while affordability and car-dependent access, without major infrastructure, are key constraints.
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PropCred Estimated Value

Bedrooms

3

Bathroom

2

Parking

2

Land

1120m²

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