56 Lovell Parade, Shortland NSW 2307

56 Lovell Parade, Shortland NSW 2307
3 bed house | 556mยฒ block | 3 car spaces | park frontage | entry-level family appeal This propertyโ€™s competitive strength lies in its generous land size and park-front position, which are rare in Shortlandโ€™s tight inner-ring market. The 556mยฒ block and three-car parking set it apart from standard suburban stock, offering space and openness that interior lots cannot match. The park outlook reduces built-up intensity directly opposite, creating a quieter residential setting with broad appeal. This house is best suited to owner-occupiers seeking a freestanding home with room to grow, first-home buyers entering the market, or small families needing parking and outdoor space. The configuration and location signal a property that holds its value through scarcity of similar offerings. The value of this property may be influenced by the lack of verified detail on finishes, renovation age, and internal condition, which could affect its price relative to fully updated stock. The blockโ€™s size and park frontage might command a premium, but without confirmed building age or fixture quality, a buyer should weigh the potential need for upgrades against the asking guide. The park setting and generous land typically support strong demand, yet the absence of recent comparable sales means price formation is less certain. A thorough inspection and local market check are recommended before forming a final view.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 56 Lovell Parade, Shortland NSW 2307
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Market Insight:

Shortland is a well-established, family-oriented suburb anchored by its proximity to the university and natural amenities. Demand is driven by both owner-occupiers seeking lifestyle and investors attracted to its relative affordability and strong rental yields. The market exhibits robust price growth, with houses and units appreciating significantly, supported by a fast-moving sales environment and low available stock. Future prospects are tied to its established infrastructure and limited new supply, though this very constraint presents a key risk to affordability and accessibility for new entrants.
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PropCred Estimated Value

Bedrooms

3

Bathroom

1

Parking

3

Land

556mยฒ

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