8/82 Frederick Street, Merewether NSW 2291

Beach-view townhouse | 2-bed on large lot | Flood overlay flagged | High-rent suburb This property offers a rare combination of direct beach access and a generous 1,729m² lot in a tightly held coastal suburb. The light-filled layout, modern kitchen, and private courtyard suit downsizers or professionals who value location over land size. Given the suburb’s strong 6.6% growth and 33-day selling cycle, the buyer is stepping into a balanced but active market where well-positioned townhouses attract consistent demand. The flood overlay is the primary risk and warrants due diligence on insurance costs and past events. However, the absence of bushfire or heritage constraints simplifies the purchase. The rental yield estimate of 2.29% from Domain suggests a premium price point, but the suburb’s 65% renter profile and $730–$1,375 weekly range indicate strong income potential if the buyer later leases. The large lot also hints at future subdivision or redevelopment potential, though this requires council confirmation.