1/55 Mort Street, Vale Of Clwydd NSW 2790

Strata townhouse on large shared lot | 3 bed, 1 bath, 1 car | Bushfire overlay | NBN/5G coverage | Lithgow school catchments This property presents a competitively priced entry into the Vale Of Clwydd market, deriving its primary value from the substantial 1849 square metre strata lot it shares within the complex, a configuration that offers more ground than typical unit developments. The recent sale of an identical unit in the same complex establishes a clear price benchmark, while the presence of reliable NBN and 5G connectivity supports modern living requirements. This townhouse is positioned for first-home buyers or investors seeking a low-maintenance foothold, with its value further anchored by the established school catchments for Lithgow Public and High School. The decision hinges on the strata structure and the bushfire overlay, which introduces potential insurance premiums and compliance costs that directly erode yield and capital growth. The significant price variance in recent comparable sales within the immediate area, from $355,000 to $485,000 for similar configurations, indicates a market sensitive to specific lot attributes and condition, which are unspecified here. Given the unit’s last sale at $136,000 in 2009, the proposed $379,000 listing requires validation against the recent $355,000 sale of 2/55 Mort Street in June 2025, suggesting the price is firm but requires scrutiny of the subject property’s condition. Acquire this property only as a long-term hold, with immediate due diligence focused on strata health, bushfire mitigation costs, and a building inspection to justify the premium over the most direct comparable sale. Recent comparable sales provide critical context: – 2/55 Mort Street (same complex): Sold for $355,000 in June 2025 after 45 days on market. – 9/57 Mort Street (nearby complex): Sold for $485,000 in August 2025. – 11/57 Mort Street: Estimated value $366,000-$370,000 (off-market). The $355,000 sale for an identical unit six months prior establishes a firm baseline, making the $379,000 ask defensible only if this specific townhouse offers superior condition, aspect, or finishes. The higher $485,000 sale nearby represents the premium achievable for more desirable configurations, setting a potential ceiling.