98 Foreshore Drive, Salamander Bay NSW 2317
98 Foreshore Drive, Salamander Bay NSW 2317
Single-level coastal house on a moderate lot | Leafy outlook and reserve proximity | Strong downsizer and family appeal | Broad price spread on the street | Lifestyle location over water frontage
This property sits in a well-regarded coastal pocket where single-level living on a manageable block is the standout draw. The configuration suits buyers seeking low-maintenance ownership without sacrificing outdoor entertaining space, and the street’s mix of updated homes and larger prestige properties indicates solid demand across buyer types. For a downsizer or family wanting beach access, local shops, and a quiet residential feel, this house offers a practical entry point into a lifestyle market that can support higher values for premium presentation. Its position near reserve and beach access adds everyday appeal, while the moderate land size keeps upkeep realistic.
The property’s value may be shaped by how its condition compares to recently updated neighbours, as renovated interiors and modern kitchens tend to command attention in this pocket. Land size and layout efficiency could also influence price, with smaller lots limiting expansion potential but supporting lower entry costs. The lack of confirmed water frontage may cap upside relative to premium street sales, though the leafy outlook and single-level format may still attract strong interest from lifestyle buyers. Renovation potential or existing updates could shift perceived value meaningfully.
|| Comparable Sales: 1 Foreshore Drive sold $975,000; 23 Foreshore Drive sold $1.3M | Property Price Band: $1.0M–$1.1M | Value Drivers: condition, land size, single-level layout
Detailed Independent Property Report prepared by PropCred Analyst team for 98 Foreshore Drive, Salamander Bay NSW 2317
Checks found:
Value Risk
Liquidity Risk
1
Planning Risk
Income Risk
1
Execution Risk
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Market Insight
Salamander Bay is a coastal suburb attracting a diverse mix of families, retirees, and investors, supported by ongoing regional development. Demand is sustained by its lifestyle appeal, with apartments particularly popular among first home buyers and downsizers. While the house market has softened recently, units have shown stronger growth, and rental yields remain solid. Future prospects are underpinned by its coastal positioning, though the market remains sensitive to broader economic conditions and interest rates.
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PropCred Estimated Value
Comparable Sales: 1 Foreshore Drive sold $975,000; 23 Foreshore Drive sold $1.3M | Property Price Band: $1.0M–$1.1M | Value Drivers: condition, land size, single-level layout
Bedrooms
2
Bathroom
1
Parking
-
Land
684m²
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