24 Yathong Road, Caringbah NSW 2229

24 Yathong Road, Caringbah NSW 2229
Flood zone risk | 739mΒ² block with pool | 35% site coverage only | 6m roof height limits redevelopment potential | 260mΒ² building constrains floorplan options The flood zone exposure directly impacts insurance premiums and resale liquidity, while the 35% coverage ratio and 6m roof height cap effectively prevent any significant upward extension or dual-occupancy subdivision without costly council variance. The 18.29m frontage offers some flexibility for a rear granny flat or pool house, but the pool itself consumes much of the usable outdoor space. This property is best held as a well-appointed family home rather than a development play. The 260mΒ² build on a 739mΒ² block is rare for Caringbahβ€”most houses this size sit on 600mΒ² or lessβ€”giving you genuine internal space for a family of five or more without feeling crowded. The resort-style backyard with pool and high ceilings create a premium owner-occupier feel that most recent sales on Yathong Road lack. It suits a buyer who wants move-in quality with a 2.6% yield buffer rather than a fixer-upper. The comparable sales data shows the Domain mid estimate at $2.18m sits below the property.com.au figure of $2.576m, suggesting the property is priced to move quickly if the vendor’s reserve aligns with the lower end. This gap creates a negotiating window for a buyer willing to commit before auction.

Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ 

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Market Insight:

Caringbah offers established suburban convenience within the Sutherland Shire, appealing to families and owner-occupiers drawn to its coastal charm and quality schools. Demand is driven by families for houses and a mix of first-home buyers and downsizers for units, supported by a stable property mix. While the house market has softened, unit values show resilience, with overall conditions balanced by consistent sales volume. Future appeal hinges on its community vibrancy, though premium house prices present an affordability constraint in a rate-sensitive environment.
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PropCred Estimated Value

Bedrooms

3

Bathroom

2

Parking

2

Land

740mΒ²

Assessments Delivered Today

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