111B Balemo Drive, Ocean Shores, NSW 2483 | House for sale | OnTheHouse
FOR SALE
$1,390,000 to $1,520,000

111B Balemo Drive
Ocean Shores NSW 2483

Bedrooms: 4
Bathrooms: 3
Car spaces: 3
Floor area: 175m2
Land area: 602.3m2
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Quality Built Dual Living with Strong Income Potential

Built in 2024 and designed with quality, functionality and flexibility in mind, this impressive dual occupancy property presents an outstanding opportunity for homeowners and investors alike.
Set on a north facing, elevated and low maintenance 602m2 block, the property comprises a beautifully finished three bedroom, two bathroom main residence, along with a completely self contained, autonomous granny flat positioned at the front of the block. Both homes feature high ceilings, contemporary finishes and a level of craftsmanship that reflects the owner builder's quality of work.
Cleverly designed to maximise space and natural light, both homes offer generous proportions, thoughtful layouts and quality construction throughout.
Whether you're looking to accommodate extended family, generate a strong passive income or secure a high performing investment, this property delivers outstanding versatility. Currently returning approximately $1,400 per week, them main house has been rented at $900 per week and the granny flat at $500 per week - it offers immediate income with excellent long term appeal. The full Depreciation Schedule for both properties is available on request.
Conveniently located with easy access to the M1, and just minutes from pristine beaches, local cafes, restaurants and shopping, this is a rare opportunity to secure a quality built dual occupancy in one of Ocean Shores' most convenient locations.
Features include:
- Dual occupancy on one title, built in 2024
- North facing, elevated 602m2 low maintenance block
- Three bedroom, two bathroom main residence
- Main residence with 3.5kW solar system and 3,000L rainwater tank
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Property Details for 111b Balemo Dr, Ocean Shores

111b Balemo Dr, Ocean Shores is a 4 bedroom, 3 bathroom House with 3 parking spaces. The property has a land size of 602.3m2 and floor size of 175m2. The place is currently for sale with Byron Shire Real Estate.

Building Type
House
Floor Size
175m2
Land Size
602.3m2
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About Ocean Shores 2483

The size of Ocean Shores is approximately 13.2 square kilometres. There are 14 parks, covering nearly 55.0% of the total area. The population of Ocean Shores in 2016 was 5137 people. By 2021 the population was 5777 showing a population growth of 12.5% in the area during that time. The predominant age group in Ocean Shores is 40-49 years. Households in Ocean Shores are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Ocean Shores work in a professional occupation.In 2021, 70.30% of the homes in Ocean Shores were owner-occupied compared with 70.10% in 2016.

Ocean Shores has 2,897 properties. Over the last 5 years, Houses in Ocean Shores have seen a 7.23% increase in median value, while Units have seen a 16.59% increase. As at 31 August 2026:

  • The median value for Houses in Ocean Shores is $1,379,155 while the median value for Units is $1,004,631.
  • Houses have a median rent of $950 while Units have a median rent of $675.
There are currently 25 properties listed for sale, and 3 properties listed for rent in Ocean shores on OnTheHouse. According to Cotality's data, 119 properties were sold in the past 12 months in Ocean shores.

Suburb Insights for Ocean Shores 2483

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Gary Brazenor
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Todd Buckland
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Byron Shire Real Estate
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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.