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NSW › North Avoca › Surf Rider Ave

55 Surf Rider Ave, North Avoca NSW 2260

For saleHouse

$1,390,000

For sale

Asking

$960,000

Last sold

27 Nov 2020

5

Bedrooms

2

Bathrooms

2

Car spaces

607 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $1,390,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $1,390,000(Listing record · 9 Apr 2026)
  • FactLand 607 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in North Avoca (last 5 years) with land size: median $2,233/m² of land (n=44). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)
  • CalculationAsk is 10% below the North Avoca median recorded sale ($1,550,000, n=19, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at North Avoca's advertised median rent ($844/wk), implied gross yield would be 3.16% — 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

$1,390,000

Asking · $2,290/m² of land

Last recorded sale $960,000 (27 Nov 2020).

Local land rate: recorded House sales in North Avoca (last 5 years) with land size have a median of $2,233/m² of land (n=44). Districts calculation from recorded sales — not a valuation.

North Avoca at a glance

2,423

People

$1,550,000

Median sale

$844/wk

Median rent

2.83%

Suburb gross yield

Median sale from 19 recorded sales (last 12 months) — a Districts calculation.

See the full North Avoca report →

Vs North Avoca

-10.3%

Median sale

Suburb $1,550,000

+0.33 pp

Gross yield

Suburb 2.83%

Suburb median $1,550,000 from 19 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$1,390,000
Stamp Duty (New South Wales)
$58,462
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
$1,452,329

$62,329 on top of the price (4.5% 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

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

Net yield
1.66%
Annual cashflow (pre-tax)
$-49,242
Interest cover (DSCR)
0.32
Annual rent
$43,888
Operating expenses
$20,850
Loan amount
$1,112,000
Annual interest
$72,280
Gross yield
3.16%

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

202020232026$960k$1.39m
  • Sold (recorded)
  • Asking price (not a sale)
  1. Listed$1,390,000available9 Apr 2026
  2. Sold$960,00027 Nov 2020
  3. Listedprice unknowncompleted13 Aug 2020

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 $844/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 3.2%. 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

North Avoca in one glance

North Avoca at a glance

2,423

People

$1,550,000

Median sale

$844/wk

Median rent

2.83%

Suburb gross yield

Median sale from 19 recorded sales (last 12 months) — a Districts calculation.

See the full North Avoca report →

Keep researching

  • Why North Avoca? Read the area thesis →
  • What else is on the market in North Avoca →
  • Other records on Surf Rider Ave →

Listing material

Listed by Ray White Bensville/Empire Bay

Beautifully Renovated Home in a Quiet North Avoca Street

Some homes just have a feeling. The moment you step onto the deck at 55 Surf Rider Avenue and catch that first glimpse of ocean - all the way down to Avoca Beach, where the waves are peeling off the rocks - you'll know this is one of them.

This is a beautifully renovated five-bedroom pole home in one of North Avoca's quietest streets, and it's been done properly. New bathrooms, new flooring, fresh paint, new gutters, gutter guards, barge boards and downpipes. The kitchen keeps its character - same layout, but with a new sink, mixer, and induction cooking added. Everything that needed attention has been addressed - from the driveway right through to the decks. Nothing has been left half-done.

Pole homes aren't for everyone, and that's kind of the point. They attract a certain buyer - someone who appreciates the architecture, loves the way they sit in the landscape, and doesn't mind a few stairs in exchange for living up in the trees with ocean views.

Read the full description

Double carport off-street, a sweet little park just down the road, and an easy walk or short drive to the beach. The street is quiet. The vibe is exactly what you'd expect from an address called Surf Rider Avenue.

If it resonates with you, come and see it. If it doesn't, that's okay too - this one will find its person quickly.

APPROXIMATE KEY DETAILS

Land Size: 607 sqm

Council Rates: $2,112.35 p/a

Water Rates: $1,185.08 p/a

Rental Estimate: $1100 - $1200 p/w

DISCLAIMER: This advertisement contains information provided by third parties. While all care is taken to ensure otherwise, Ray White Bensville/Empire Bay does not represent the accuracy of the information contained in the advertisement, does not accept any responsibility or liability, and recommends that any client make their own investigations and enquiries. All images are indicative of the property only.

Listing description written by Ben Bedford, Ray White Bensville/Empire Bay — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Balcony
  • Built-in Robes
  • Deck
  • Dishwasher
  • Floorboards
  • Outdoor Entertaining
  • Secure Parking

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Districts

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

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