Nelson Bay, NSW waterfront units for under $180,000: Investar

Nelson Bay, NSW waterfront units for under $180,000: Investar
Staff reporterJune 1, 2017

Nelson Bay is the cheapest NSW locality to purchase waterfront units, according to Investar’s latest June report.

The property investment firm says that the median price of waterfront units in Nelson Bay is $179,000.

This is followed by Coffs Harbour with $188,000 and Kingscliff with $190,000.

Suburb

Postcode

Bedrooms

Current median price

Nelson Bay

2315

Studio and 1

$179,000

Coffs Harbour

2450

Studio and 1

$188,000

Kingscliff

2487

Studio and 1

$190,000

The Entrance

2261

Studio and 1

$195,000

Merimbula

2548

2

$225,000

Bermagui

2546

2

$225,000

Tweed Heads West

2485

2

$229,000

Narooma

2546

2

$235,000

Forster

2428

Studio and 1

249,000

Nambucca Heads

2448

2

$259,500

A one bedroom unit at 123/61A Dowling Street, Nelson Bay (above) has been listed for $185,000.

Similarly a one bedroom unit at 208/61B Dowling Street, Nelson Bay (below) was sold in March this year for $165,000.

Editor's Picks

City Beat December 2024: Sydney unit market finishes 2024 up overall, but slowdown apparent
City Beat December 2024: Brisbane unit market surges to highest annual growth since 1988
Ageing population to drive downsizing trend and force major rethink of Australia’s housing response: Colliers
First look: CS Collective file for Lantern Burleigh, luxe apartments in Burleigh Heads
"Mountain to climb" as new home building activity falls