26 Lakewood Boulevard, Flinders NSW 2529

26 Lakewood Boulevard, Flinders NSW 2529
5 beds on 418mΒ² | high 49% building coverage | no overlays | FTTP & 5G coverage | listed new $1.1m-$1.2m This property presents a configuration advantage within its immediate market, offering five bedrooms on a standard suburban lot where three or four bedrooms are the norm. This positions it strongly for larger families or investors seeking a multi-occupancy layout, further supported by the absence of bushfire, flood, or heritage overlays which simplifies due diligence and insurability. The high building coverage indicates a substantial residence relative to the land, appealing to buyers prioritizing internal space over extensive gardens. It is best suited to an owner-occupier needing significant room or a strategic investor capitalizing on the strong rental demand for larger homes in established school catchments. The primary compromise is the single garage space, a practical deficit against comparable four-bedroom homes in the street which typically offer two. This will constrain appeal for certain buyer segments and represents a tangible resale risk. The opportunity lies in the propertyΒ’s listed price aligning with recent premium sales, suggesting the market may already recognize its bedroom premium. Given the reliable rental estimates and the street’s demonstrated yield from dual-income configurations, a hold strategy as a long-term rental or a family home is justified; its value is anchored by solid comparables and its unique bedroom count, not speculative future gains. Recent sales on Lakewood Boulevard provide a clear benchmark: – 23 Lakewood Blvd: Sold $1,090,000 (Jun 2024). 4 bed, 3 bath, 2 car. Renovated with dual-income potential. – 16 Lakewood Blvd: Sold $990,000 (Nov 2023). 4 bed, 2 bath, 1 car. – 40 Lakewood Blvd: Sold $920,000 (Jan 2022). 4 bed, 2 bath, 2 car. – 19 Lakewood Blvd: Sold $870,000 (Sep 2022). 3 bed, 2 bath, 2 car. The subject propertyΒ’s estimated value sits logically within this spectrum, commanding a premium over standard four-bedroom homes due to its fifth bedroom, yet its single garage places a ceiling against the highest-tier comparables.

Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ 

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Market Insight:

Flinders is a tightly held, family-oriented suburb with strong owner-occupier appeal, evidenced by its high proportion of established households. Demand is primarily driven by local professionals and tradespeople seeking family homes, supported by solid infrastructure and parklands. The market has demonstrated robust capital growth, with houses appreciating significantly, and conditions remain active with competitive sales volumes. Future growth is underpinned by sustained demographic demand, though affordability pressures and limited available stock present notable constraints on supply.
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PropCred Estimated Value

Bedrooms

5

Bathroom

2

Parking

1

Land

418mΒ²

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