Corner allotment | 724m² land | 3 bed 1971 weatherboard | Rental yield 4.91% | 10 days on market
This property’s primary strength is its substantial corner allotment, offering dual driveways and multiple vehicle parking on a land parcel significantly larger than typical suburban offerings. The established garden and all-day sun enhance livability, while the current rental estimate suggests strong income demand, serving investors seeking yield or owner-occupiers valuing space and access over modern finishes. Its rapid current listing period indicates immediate market recognition of this configuration.
The 1971 build necessitates a stringent building inspection, with potential renovation costs offsetting the land value advantage. The internal area discrepancy between sources requires clarification, as it impacts valuation. For a buyer, the commercial logic is acquiring land size and rental appeal at a price point near the suburb median. Proceed with a conditional offer, targeting the lower estimate range, as a long-term hold for capital growth or a high-occupancy rental.