39 Bitalli Street, Gables NSW 2765

39 Bitalli Street, Gables | 5-bedroom development site | 500m² lot | school catchments within 7km The property’s classification as a development site on a 500m² lot in Gables positions it as a rare configuration for buyers seeking dual-purpose utility. With five bedrooms and three bathrooms, the house serves large families or investors targeting the 5-bedroom segment, where the median price sits at $1.81 million. Its location on Bitalli Street, where 65% of properties are owner-occupied, signals stable neighborhood demand and limited rental turnover, reducing vacancy risk for owner-occupiers. The primary school catchment at Oakville Public School, 3.5 km away, adds family appeal. The 35% auction clearance rate for 5-bedroom houses in Gables indicates a soft market, meaning this property may require extended holding or price negotiation. With 68 properties sold this year and an average 85 days on market, buyers face limited urgency but opportunity to secure below the estimated $1.88 million valuation. The 2020 last sale date suggests potential for equity gain if purchased strategically. The development site classification introduces zoning risk, requiring due diligence on permissible uses before committing.