32 Highclere Avenue, Banksia NSW 2216

Renovated family home | large 639sqm block | pool and parking | flood overlay present The buying case here is built on a rare combination of a fully renovated interior on a genuinely large block with a pool and five-car parking, all within walking distance to the beach and cafés. For a family seeking a low-maintenance lifestyle property in a tightly held street, this house offers an immediate move-in position with strong owner-occupier appeal. The open-plan layout and oversized kitchen are not merely cosmetic; they reflect a configuration that suits modern entertaining and daily living, which typically commands a premium in this corridor. The flood overlay is the primary risk and should be investigated thoroughly, as it may affect insurance costs and future redevelopment potential. However, the property’s building coverage of only 28% on a 639sqm block leaves significant undeveloped land, offering a long-term opportunity to extend or reconfigure. The strong rental yield of around $1,030 per week provides a solid floor for holding costs. Buyers should treat this as a lifestyle acquisition with a patient value-hold strategy, not a short-term flip.