10 Binalong Cres, Coomba Park NSW 2428
10 Binalong Cres, Coomba Park NSW 2428
Elevated vacant block | quiet cul-de-sac | larger than typical local lots | build cost must be factored in
This is a competitively strong vacant land parcel for a buyer seeking space, privacy, and a premium position within Coomba Park. The block is larger than many developed lots in the area, and its elevated cul-de-sac setting offers a rare combination of outlook and seclusion that is not commonly found on standard flat blocks. It is best suited to a buyer who intends to build a future home or weekender and values a quiet, low-density coastal-lakes environment over immediate dwelling utility. The land itself, rather than any existing structure, is the primary source of value here.
The asking price is notably lower than external value estimates, which may indicate an opportunity if those estimates reflect genuine market conditions. However, because this is vacant land, the total cost of ownership includes significant build expenses and time before any dwelling or rental return is realised. The absence of confirmed services availability, building entitlements, or direct water views means a buyer should verify these factors independently. One data source inconsistently lists two bathrooms, but this appears to be a metadata error and should not be relied upon. The price may be attractive, but the full financial picture depends on what can be built and at what cost.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 10 Binalong Cres, Coomba Park NSW 2428
Market Insight:
Coomba Park is a mature, established coastal suburb with a market defined by its older demographic and family-oriented households. Demand is driven by regional lifestyle appeal, supported by steady annual sales. Recent price trends show modest growth, with a market characterised by extended selling periods and a tight rental vacancy. Future growth is linked to its regional appeal, yet constrained by limited supply and the suburb’s below-average income profile.