11 Saric Avenue, Georges Hall NSW 2198
11 Saric Avenue, Georges Hall NSW 2198
3 bed on large 562m² lot | auction listed | near high school | recent suburb sales activity
This house presents a competitively strong land position within its suburb, offering a large, flat lot that is rare for newer buyers seeking future flexibility. Its configuration as a basic three-bedroom, one-bathroom house best serves an owner-occupier comfortable with cosmetic updates or an investor banking on land appreciation within established school catchments. The immediate proximity to Condell Park High School anchors its appeal to a family demographic.
The primary decision risk is the auction mechanism itself, which in a heated market may compel a premium over the estimated range. The opportunity lies in the significant lot size, which provides commercial logic for future extension or subdivision, subject to council zoning. This property is a hold for long-term land value growth, not a short-term rental yield play.
Recent sales data establishes a credible price benchmark. The property last sold for $1,020,000 in June 2022. Current value estimates sit around $1.42 million. This sharp appreciation indicates strong underlying demand for well-located land parcels in this area, supporting a competitive auction outcome.
Detailed Independent Property Report prepared by PropCred Analyst team for 11 Saric Avenue, Georges Hall NSW 2198
Checks found:
Value Risk
✓
Liquidity Risk
✕
2
Planning Risk
✓
Income Risk
✓
Execution Risk
✓
Insight: Georges Hall NSW 2198
Georges Hall is a family-centric suburb with a high rate of home ownership, underpinned by strong demand from couples with children. This demographic drives a robust housing market characterised by consistent annual sales and significant recent price growth. The market is active, with properties transacting relatively quickly, though it remains sensitive to broader economic conditions. Future growth is supported by established infrastructure and its appeal to families, yet key constraints include high price points affecting affordability and a notably thin unit market that lacks transactional depth.