93 Burraneer Bay Road, Burraneer NSW 2230
93 Burraneer Bay Road, Burraneer NSW 2230
Large family home in tightly held Burraneer | 80% owner-occupier street | single-owner history since 1991 | strong school catchment advantage.
This property presents a rare buying opportunity in a street where only one listing currently exists among 215 properties and 80% of households are owner-occupiers. The five-bedroom configuration on 575mยฒ suits a multigenerational family or those seeking long-term holding capacity, while the single-owner history since 1991 suggests the house has been well-maintained and the location deeply established. The proximity to Burraneer Bay Public School and Woolooware High School strengthens its appeal for families, and the demographic data showing 92% long-term residents reinforces that turnover here is infrequent, limiting competitive pressure for buyers who act decisively.
The primary risk is the 33% auction clearance rate on this street, which may indicate that properties here require realistic reserve expectations or that buyer demand is selective. The wide value range of $1.96 million to $2.58 million suggests valuation uncertainty that could work against an aggressive bidder. However, the lack of recent comparable sales and the propertyโs first listing in decades means the seller has no recent price anchor, creating potential for a negotiated purchase if the auction passes in. Hold this property as a family home with strong land component in a supply-constrained pocket, and treat any pre-auction offer as a strategic move to test vendor motivation before the room fills.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 93 Burraneer Bay Road, Burraneer NSW 2230
Market Insight:
Burraneer is an established, high-value suburb characterised by a stable, affluent demographic of established professionals. Demand is driven by this resident base seeking premium housing, evidenced by consistent sales activity in the upper price brackets. Recent market conditions show a softening in price momentum with extended selling periods, indicating a period of price recalibration. Future stability is underpinned by its prime location, though the market remains sensitive to broader economic conditions affecting high-end property.