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NSW › Broulee › Massey St

22-24 Massey St, Broulee NSW 2537

For saleHouse

$4,700,000–$4,900,000

For sale

Asking range

5

Bedrooms

3

Bathrooms

2

Car spaces

1,470 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $4,700,000–$4,900,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $4,700,000–$4,900,000(Listing record · 14 Jan 2026)
  • FactLand 1,470 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Broulee (last 5 years) with land size: median $1,542/m² of land (n=45). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)
  • CalculationAsk is 275% above the Broulee median recorded sale ($1,255,000, n=14, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Broulee's advertised median rent ($653/wk), implied gross yield would be 0.72% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.

Price evidence

The ask against the evidence

Asking

$4,700,000–$4,900,000

Asking range · $3,197/m² of land

No recorded sale for this property.

Local land rate: recorded House sales in Broulee (last 5 years) with land size have a median of $1,542/m² of land (n=45). Districts calculation from recorded sales — not a valuation.

Broulee at a glance

1,980

People

$1,255,000

Median sale

$653/wk

Median rent

2.71%

Suburb gross yield

Median sale from 14 recorded sales (last 12 months) — a Districts calculation.

See the full Broulee report →

Vs Broulee

+274.5%

Median sale

Suburb $1,255,000

-1.99 pp

Gross yield

Suburb 2.71%

Suburb median $1,255,000 from 14 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Based on the low end of the asking range, not a contract price.

Purchase Price
$4,700,000
Stamp Duty (New South Wales)
$255,197
Transfer/Registration Fee
$167
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$4,959,064

$259,064 on top of the price (5.5% extra)

  • Stamp Duty (New South Wales)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: New South Wales schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Based on the low end of the asking range, not a contract price.

Pre-filled with Broulee's advertised median rent — not a rent for this listing.

Net yield
-0.78%
Annual cashflow (pre-tax)
$-280,944
Interest cover (DSCR)
-0.15
Annual rent
$33,956
Operating expenses
$70,500
Loan amount
$3,760,000
Annual interest
$244,400
Gross yield
0.72%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.

Site

Terrain

Terrain has not been calculated for this property yet.

Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.

Flood, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Listed$4,700,000–$4,900,000available14 Jan 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

NSW

Why this lot, not just this suburb

Why could this property outperform?

Planning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $653/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

Current comparable rental listings within 400 m of this lot are not loaded. NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 0.7%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. NSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.

Verdict

What this means for this property

Districts view

Not enough official evidence yet to underwrite this as an investment.

Detail

The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”

Read more

Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.

The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.

Evidence

What is known for this property

Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.

1 of 10 questions answered so far

  • Development optionality of this lot

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.

  • Honest achievable rent

    Knownlow

    This is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.

  • Rental supply pressure

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    NSW Valuer General land values are not loaded for this property yet.

  • Net yield / holding costs

    Unknown

    NSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.

Area

Broulee in one glance

Broulee at a glance

1,980

People

$1,255,000

Median sale

$653/wk

Median rent

2.71%

Suburb gross yield

Median sale from 14 recorded sales (last 12 months) — a Districts calculation.

See the full Broulee report →

Keep researching

  • Why Broulee? Read the area thesis →
  • What else is on the market in Broulee →
  • Other records on Massey St →

Listing material

Listed by Belle Property Batemans Bay

Rare Broulee Beachside Retreat - 1,470 m² Across Two Blocks

Discover an extraordinary coastal retreat in one of Broulee's most coveted positions. This property spans two generous blocks totaling 1,470 m², nestled among tranquil, tree-lined dunes on South Broulee Beach. With only three beachfront homes along this 7km stretch-and none offered to the market in over 30 years-this is truly a once-in-a-generation opportunity.

The Home

Designed for relaxed luxury and effortless entertaining, this substantial residence offers:

Read the full description

• Three levels of versatile living spaces, including three living rooms (one configured with an office)

• Two kitchens for seamless hosting

• Three full bathrooms plus two separate toilets

• Three lounge rooms for family and guests

• Two outdoor decks/paved entertaining areas

• Private lift for easy access across all levels

• Disabled access and amenities

• Quality build with premium fixtures and fittings

• Zoned heating and cooling for year-round comfort

• Solar power and bore water for sustainable living

• Extensive storage throughout

• Can comfortably sleep 14 guests and seat 25 for extended celebrations

Outdoor & Lifestyle Features

• 2-car lock-up garage plus additional storage for bikes, kayaks, and surfboards

• Substantial off-street parking, including lawn areas

• Outdoor shower for rinsing off after the beach

• Landscaped gardens blending seamlessly with native coastal vegetation

Beach Access & Surroundings

Meander along the path across the dunes-shaded by banksias and coastal she-oaks-to reach South Broulee's pristine, patrolled beach. Enjoy the serenity of this sheltered environment and a true connection to nature.

Location Highlights

• Patrolled beach and surf club at your doorstep

• Dog-friendly beach 150m away

• 2.5kms to local supermarket

• 8.5kms to Moruya Airport

• 13kms to Moruya

• 21 kms to Batemans Bay

• 2 hours from Canberra (170km)

• 1.6km to local schools

• Golf, tennis, bowling, skydiving, fishing, and water sports all within easy reach

Why This Property Is Unique

One of only three homes in this exclusive beachfront position

Sprawling 1,470 m² landholding across two blocks

Beach access through natural dunes and trees

A substantial home with multiple living zones, lift, and premium inclusions

Wake to the sound of waves and birdsong in your private coastal haven. Entertain in style, embrace the outdoors, and secure a rare beachfront legacy property in Broulee's most sought-after location.

Listing description written by Sarah Ralston, Belle Property Batemans Bay — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Alarm System
  • Balcony
  • Built-in Robes
  • Courtyard
  • Deck
  • Dishwasher
  • Intercom
  • Outdoor Entertaining
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.