9 Magnolia Close Jerrabomberra NSW 2619

Current auction | Estimated 1.32m | Last sold 650k in 2014 This five-bedroom house sits on a 708 square metre block in Jerrabomberra and appeals to families prioritising established residential living with straightforward access to local schools and services. The property’s market trajectory reflects the broader appreciation across the region since its 2014 sale at 650,000 dollars. The current estimated value of approximately 1.32 million dollars represents material capital growth over the twelve-year holding period, though this requires verification through final auction outcomes. As a five-bedroom configuration on a mid-sized residential lot, the property positions itself toward family households rather than investor or downsizer markets, with particular appeal to those relocating into the Queanbeyan-Palerang region. The 708 square metre allotment provides sufficient space for typical suburban living without requiring ongoing land maintenance burdens associated with larger rural or semi-rural holdings. Proximity to Jerrabomberra Public School at under one kilometre and secondary school options within two kilometres reinforces its practical appeal for school-aged families. The property’s 41 percent building coverage suggests room for potential extension or development within existing footprint constraints, though any improvements would need to align with local planning provisions. The current auction campaign timing places the property in a competitive spring market period, which typically generates broader buyer participation and price discovery. Properties of this configuration and location tend to retain steady demand from owner-occupier households, providing reasonable holding value through market cycles.