41 Roxburgh Street Lorn NSW 2320

Large 1,011m² block | 3-bedroom house | Lorn NSW | Low supply, high owner-occupier demand. This property’s primary competitive strength is its rare land size in a tightly held, predominantly owner-occupied suburb. A 1,011m² block in Lorn, where only 14 houses sold in the past year, offers a scarcity premium that standard residential lots do not. The configuration—three bedrooms, one bathroom—is modest, but the land value and redevelopment optionality create a strong negotiating position for a buyer seeking long-term capital growth. The property is best suited to a buyer who prioritises land banking or future subdivision potential over immediate move-in condition. The key risk is the property’s condition and configuration: a single bathroom and one parking space limit appeal to families, which is reflected in the 109-day average days on market. The buyer should factor in renovation costs to add a second bathroom or parking, as these upgrades would align the property with local median expectations. Opportunistically, the low auction clearance rate (0%) suggests motivated sellers, allowing room to negotiate below the Domain estimate. Hold this property for its land appreciation; any structural improvements should be deferred until a clear development path is viable.