68 Caloola Road, Constitution Hill NSW 2145

New build | French provincial design | 919sqm block | Parramatta Council area | Pool and alfresco. This property is rare for its combination of new construction and a substantial 919sqm block in the Parramatta Council area, where such land size is increasingly scarce. The French provincial architecture with 7-metre voids and curved staircase creates a distinct market position, appealing to buyers seeking prestige without a renovation timeline. The five-bedroom configuration with a ground-floor ensuite bedroom serves multi-generational or accessibility needs, while the pool and covered alfresco with gas cooktop extend livable space. This house best suits a family prioritising move-in-ready luxury and a large block for future value retention. The primary risk is the estimated $1.82 million value against a new build on a large block—this may reflect a premium for design features that could limit resale liquidity if the market softens. The last sale in 1992 means no recent comparable transaction data, so buyers should verify construction quality and council approvals. The location near Parramatta CBD and schools supports steady demand, but Constitution Hill lacks the prestige of neighbouring suburbs, potentially capping capital growth. Hold this property as a long-term family home to amortise the new-build premium and benefit from land appreciation.