9 Illinga Place, Lugarno NSW 2210

9 Illinga Place, Lugarno NSW 2210
Cul-de-sac position | 619mยฒ block with pool | strong renovation upside | stable long-term owner area The property sits on a generous 619-square-metre block in a quiet cul-de-sac, a configuration rarely available in Lugarnoโ€™s tightly held market. The two-storey brick structure offers immediate livability, but the real buying case is the land and layout: the existing floorplan can absorb a modern extension,home office, additional bedroom, or teenage retreat,without sacrificing the private backyard and inground pool. This makes the house suitable for a family seeking a long-term home with staged upgrade potential, or for a buyer wanting to renovate and hold in an area where 95 percent of neighbours are long-term owners. The dual-agent promotion and early auction date suggest the vendor is motivated, which may improve a buyerโ€™s negotiating position. The primary risk is the lack of recent comparable sales on the street, making precise valuation uncertain; the buyer should verify land dimensions via PSMA data and check council zoning for extension allowances. No flood or bushfire risks are detected, which reduces insurance and holding costs. The propertyโ€™s strongest commercial logic is to renovate selectively,upgrade the kitchen and master ensuite, refresh finishes,then hold for capital growth driven by the areaโ€™s stable owner-occupier demand and limited supply. Treat this as a buy-and-hold family home with a clear path to value uplift through measured improvements.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 9 Illinga Place, Lugarno NSW 2210
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Market Insight:

Lugarno is a low-density, leafy suburb in Sydney’s St George region, offering a family-centric environment with strong transport links. Demand is driven by established professionals seeking spacious homes, reflected in a stable but currently softening market with recent price adjustments. Long-term growth is underpinned by its established character and steady historical appreciation, though affordability pressures and income changes present key constraints to future momentum.
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PropCred Estimated Value

Bedrooms

3

Bathroom

1

Parking

1

Land

621mยฒ

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