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Location

Market Insights for Noraville NSW 2263

New Listings (last 30 days)

Average price

$1,259,389

Lowest price

$490,000

Highest price

$5,000,000

1 Reynolds Road, Noraville NSW 2263

Guide $1,250,000

Search Band

$1.25M - $1.31M Transparent Based on an openly advertised listing price.

House 3 beds 2 baths 923 m²

Listed: 15th Jan 2026

Updated: 30 days ago

Overview

Set on a generous 923 square meter block, this unique property offers a dual-income opportunity featuring two separate dwellings: a one-bedroom house and a two-bedroom secondary dwelling. Both residences are currently tenanted, generating a combined rental income of $980 per week, providing a strong and reliable return for investors.

The property benefits from Development Approval (DA) for future development, presenting a rare chance for investors, developers, or multi-generational families to capitalize on its potential. The large land size offers ample scope for expansion or redevelopment, making it an attractive prospect for those seeking flexibility and growth.

Key features include:

Development Approval for future development, allowing for expansion or redevelopment opportunities.
Current rental income of $980 per week from two tenanted dwellings.
A one-bedroom main house complemented by a two-bedroom secondary dwelling, ideal for extended family living or rental purposes.
A substantial 923 square meter block providing plenty of space and scope for various uses.
Versatile possibilities suitable for astute investors, developers, or multi-generational families seeking additional space and flexibility.
Conveniently located just 2 kilometers from Cabbage Tree Beach, offering easy access to coastal lifestyle amenities.
Close proximity to numerous cafes, shops, and essential services, including a supermarket located only 150 meters away.
Within walking distance to several local schools, making it suitable for families with children.

This property represents a rare opportunity to secure a high-returning coastal asset situated on one of the largest blocks in Noraville. Its combination of dual income, development potential, and prime location makes it a compelling choice for a variety of buyers.

Local Market Insights

In Noraville, Quiet Listings observed 18 new houses entering the market over the last 30 days, down from 22 during the previous 30-day period, with an average advertised asking price of $1,259,389. The property type mix of listed properties is predominantly Houses at 75%, followed by villas (13%), and townhouses (8%). The most active agency for houses in the Noraville area is currently Ray White, representing 28% of new listings, followed by Capital One Real Estate with 17%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.