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

Nelson Bay, NSW waterfront units for under $180,000: Investar
Staff reporterDecember 7, 2020

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.

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