8 Eugourie Close Coffs Harbour NSW 2450

8 Eugourie Close Coffs Harbour NSW 2450
Strong value recovery since 2011 sale | Substantial 822sqm block backing bush reserve | Five-bedroom family home in established cul-de-sac This five-bedroom, four-bathroom house on an 822 square metre block suits established families seeking space and privacy within an accessible Coffs Harbour location. The property presents a notable appreciation trajectory, having sold for 420,000 dollars in April 2011 and now holding an estimated value around 1.04 to 1.18 million dollars, representing significant capital growth over fifteen years. The substantial land holding and positioning at the end of a quiet cul-de-sac, with bushland backing, differentiates it from typical suburban offerings in the area. Two-level design across the residence suggests flexible living arrangements, appealing to multigenerational households or those seeking separate guest or rental accommodation potential. The 822 square metre block size places this property above median density for the immediate locality, offering scope for future development or extended outdoor use—a quality that typically sustains long-term holding value in established suburbs. Bushfire and flood overlays indicate the property sits within identified risk zones, which may influence insurance costs and future insurability but does not preclude typical residential use or marketability. Proximity to Narranga Public School and Orara High School catchment areas aligns the property with family-oriented buyer demographics, though the listing history suggests moderate market activity rather than strong competition. The property last transacted in 2011, creating a significant time gap that may reflect either strong owner retention or market conditions that have shifted demand patterns for family homes in this configuration. Overall, this is a property suited to buyers prioritising land security and privacy over renovation appeal or modern finishes.
Detailed Independent Property Report prepared  by PropCred Analyst team for 8 Eugourie Close Coffs Harbour NSW 2450
Checks found:
Value Risk 2
Liquidity Risk
Planning Risk
Income Risk ! 1
Execution Risk
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Market Insight

Coffs Harbour is a major regional centre with a diversified economy including tourism, healthcare and agriculture. Demand is supported by both local employment and lifestyle migration, creating depth in the market. However, supply is relatively responsive, particularly in outer suburbs. This balances price growth compared to smaller coastal towns. Growth is steady with periods of uplift during migration surges.
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PropCred Estimated Value

Bedrooms

5

Bathroom

4

Parking

2

Land

822m²

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