9 Jiparu Drive, Murrumbateman NSW 2582
9 Jiparu Drive, Murrumbateman NSW 2582
Five-bedroom farmhouse | 1.22-hectare lot | Indoor pool & dual living | Bushfire overlay | Jiparu Estate location
This property presents a rare dual-living configuration on a substantial parcel, offering immediate utility for multi-generational families or income potential. Its 2010 construction and premium features like the indoor pool position it above typical rural offerings, best serving buyers seeking a turnkey lifestyle property with space and privacy minutes from Canberra. The high building coverage and solar installation indicate a designed for low-operational-cost living.
Principal risks are the bushfire overlay, which mandates specific construction standards and likely increases insurance premiums, and the property’s significant scale, which narrows the buyer pool. The commercial logic lies in its bundled offering; the land component alone has appreciated substantially from its 2007 vacant sale. This is a hold property for a user-buyer, not a short-term trade, given the specialized market.
Recent sales in Murrumbateman provide critical context for value. At 25 Jiparu Drive, a larger six-bedroom home sold for $1,750,000. Another comparable at 209 Glengyle Road, with more land and bedrooms, sold for $1,620,000 after a lengthy campaign. These transactions suggest the subject property’s estimated value near $1.9 million requires justification through its superior condition, indoor pool, and dual-living appeal to achieve a premium.
Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ
Market Insight:
Murrumbateman is a rapidly growing rural suburb positioned as a lifestyle destination within commuting distance of Canberra, attracting professionals and families seeking space. This sustained demand has supported a consistent long-term upward trend in the property market, with recent price growth stabilising. The market is characterised by extremely low vacancy rates and limited available listings, indicating tight supply. Future growth is underpinned by its established appeal, though this scarcity of both rental and sale stock presents a key market constraint.