Home > Kev's Blog > 5-Jan-2015 Bundeena makes the SMH

5-Jan-2015 Bundeena makes the SMH

Monday 5 January 2015 Leave a comment Go to comments

Bundeena made the papers today. OK it was the Real Estate pages and you an never trust them, as it always written as a puff piece – buy now, buy now, never been a better time etc. But if you have never heard of the place, then click the link as you get some photos.

Anyway the article is here:

The sun is shining on Bundeena.

In property terms this often overlooked hamlet an hour south of Sydney’s CBD is enjoying a bumper summer following a strong 2014.

“The market is very strong with interest across all prices,” said Wendy Hewitt of Century 21 Beachside.

The Domain Group reports a 14 per cent increase on Bundeena’s median house price in the past year to $712,500. Compare that to another Sydney fringe beach getaway, Palm Beach. Its median for the past year is $2,625,000.

Larissa Reed of Payne Pacific Estate Agents said much of the interest is coming from young families and first home buyers circling the houses in the $600,000 to $800,000 range. “I could sell one a week if I had the stock.”

“You can catch the ferry to Cronulla or it’s a 20-minute drive through the National Park to Sutherland then you jump on the express train to the city,” said Ms Reed. She also notes that unlike Palm Beach, all Bundeena’s waterfront property faces north.

Ms Reed said a lot of people have never heard of Bundeena. She’s doing her bit to put the beach idyll on the map through her Bundeena-Maianbar website and facebook page.

Long-term rentals are as scarce as hens teeth but short-term holiday lets keep Bundeena attractive to investors and holiday makers alike. One house on Loftus Street is earning its owners $5000 a week over the summer break.

Here’s a selection on homes on the market now:
15 The Lambeth Walk
$2.85 million +

You’ll know you’re on holidays if you wake up to this view every morning.

The new three-level house has direct access to Gunyah Beach (that’s the local’s favourite swimming spot). There are four bedrooms, three bathrooms, a vast covered north-facing terrace overlooking the water and just about every mod-con to make this a dream getaway or permanent paradise.

Contact Payne Pacific Estate Agents, 0411 124 546.

52 Brighton Street
$1.2 million +

Outside Byron Bay, Bundeena is home to Australia’s largest community of artists and musicians. This four-bedroom, two-bathroom house is home to the award-winning painter, Bob Marchant.

Surrounded by semi-tropical gardens and with a view of the beach, the property comes with a studio with its own entry. Hordens beach and the ferry wharf are a two minute-walk through the park.

Contact Payne Pacific Estate Agents, 0411 124 546.

18 Loftus Street

Replace the chain-mail fence for timber pickets and ditch the aluminium windows and hey presto! You’re on your way to the dream beach cottage. It has two bedrooms, a carport, garden shed and an 18-metre street frontage. Best of all, it’s only 150 metres from Jibbons Beach.

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