248 Burraneer Bay Road, Caringbah South NSW 2229
248 Burraneer Bay Road, Caringbah South NSW 2229
Detached family house | 5 bed / 2 bath / 3 car | 626 m² land | Strong parking provision | Suburban family demand
This property sits comfortably in the larger-family segment of Caringbah South, where detached houses on substantial blocks are the core product. The five-bedroom layout, paired with three-car parking, gives it a practical edge over much of the surrounding stock, which tends toward older two-to-four-bedroom homes with tighter parking. The 626 m² parcel is meaningful—large enough to offer outdoor space and potential for future reconfiguration, yet not oversized to the point of attracting redevelopment-focused buyers who would outbid owner-occupiers. This house serves families who want room to grow without taking on a renovation project or a knockdown rebuild. Its configuration aligns well with the suburb’s established character of quiet, family-oriented living, and it competes most directly with other detached houses in the same road rather than villas or townhouses.
The value of this property will hinge on its internal condition and presentation, which are not fully visible from the listing alone. If the interior is dated, a buyer may need to budget for updates to match the expectations of the current market, where renovated homes command a noticeable premium. The land size and parking count provide a solid baseline, but the absence of confirmed features like air conditioning, modern kitchen finishes, or outdoor entertaining areas means the final price may vary depending on what is actually there. The property’s orientation and aspect could also influence its appeal, particularly for buyers prioritising natural light and outdoor usability. These factors—rather than the land itself—are likely to shape how competitive the price feels.
|| Comparable Sales: 247 Burraneer Bay Road sold around $1.5M–$1.6M; 226A Burraneer Bay Road sold near $1.8M–$1.9M | Property Price Band: $1.9M–$2.1M | Value Drivers: land size, parking capacity, internal condition, and layout functionality
Detailed Independent Property Report prepared by PropCred Analyst team for 248 Burraneer Bay Road, Caringbah South NSW 2229
Checks found:
Value Risk
2
Liquidity Risk
Planning Risk
2
Income Risk
1
Execution Risk
2
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Market Insight
Caringbah South is a premium Sutherland Shire suburb where established families, professionals and downsizers compete for larger homes, underpinned by strong school catchments and a housing stock that is one-quarter strata. House values sit near $2.3–$2.4 million, with recent 12-month growth between 2.2% and 5.6%; units have softened, down 9.2% to about $1.54 million. Turnover is thin at roughly 200 house sales per year, while days on market of 42–46 suggest balanced conditions. Gross yields are tight (houses 2.6%, units 3.1–3.4%) and rents for houses reach $1,325–$1,350 weekly. Long-term appreciation remains the core driver, with 10-year and 18-year growth compounding around 5.3% and 6.6% respectively. Constraints centre on affordability: the premium entry point, high household leverage (46% of owners hold mortgages) and rate sensitivity cap near-term upside.
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PropCred Estimated Value
Comparable Sales: 247 Burraneer Bay Road sold around $1.5M–$1.6M; 226A Burraneer Bay Road sold near $1.8M–$1.9M | Property Price Band: $1.9M–$2.1M | Value Drivers: land size, parking capacity, internal condition, and layout functionality
Bedrooms
5
Bathroom
2
Parking
3
Land
626m²
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