1 Windemere Avenue, Dubbo NSW 2830

Spacious acre block | renovated interior | four bedrooms three living zones | ducted air and fireplace | strong rental yield suburb The property’s competitive strength is its rare combination of a full acre block with a thoroughly renovated four-bedroom house in a suburb showing 9.1% growth and a 4.2% rental yield. For a buyer seeking immediate move-in condition without renovation risk, the new kitchen, three-zone ducted air conditioning, open fireplace, and three separate living areas provide genuine family functionality and climate control. The absence of bushfire, flood, or heritage overlays reduces insurance and approval friction, while the 4003m² lot gives scope for future subdivision or extended outdoor use. This property suits a family wanting a turnkey home on substantial land or an investor targeting strong rental demand in a growing regional centre. The main risk is the property’s large land-to-building ratio—12% site coverage means ongoing grounds maintenance costs and limited passive yield from underutilised land unless subdivided. The 2024 sale date suggests limited holding period, so verify whether any structural or compliance issues were addressed during that short ownership. On the opportunity side, the acre block with no overlay constraints and FTTP broadband positions it well for home-office or multi-generational use. Hold it as a long-term family home or rent it out at an estimated $750 per week to capture the 4.2% yield while land value appreciates.