9/4 Jacob Street, Tea Gardens NSW 2324
9/4 Jacob Street, Tea Gardens NSW 2324
Private townhouse on large 2351mยฒ lot | Flood overlay present | Two-car garage | Low-maintenance with fenced yard | Near Myall River
This property offers a rare configuration: a townhouse on a substantial 2351mยฒ lot, providing private, low-maintenance living with a fenced yard and established gardens, set away from the main apartment block. The double garage and two bathrooms add practical appeal for a downsizer or investor seeking a secure, standalone feel within a residential zone. Its position near the Myall River and within school catchments strengthens its suitability for a steady rental demand or a quiet owner-occupier base.
The flood overlay is the primary risk, potentially affecting insurance costs and resale liquidity, which a buyer must factor into the offer price. The conflicting estimated values across sources suggest the market has not settled on a clear classification, offering a negotiation angle if the buyer can justify the lower end. The property serves best as a hold for medium-term capital growth or a stable rental, given the area’s demand character and the lot size’s scarcity.
Independent, Unbiased Research Report for this property by PropCred Analyst teamย
Market Insight:
Tea Gardens is a coastal lifestyle suburb with a stable, owner-occupied community. Demand is driven by families and lifestyle seekers, reflected in the strong preference for three and four-bedroom homes. The market demonstrates solid growth, with houses selling in a balanced timeframe, while a very low vacancy rate underscores a tight rental supply. Future performance is underpinned by its enduring coastal appeal, though price points may challenge entry-level buyers and the sales pace shows sensitivity to broader market conditions.