Modern build on large block | 2-3 bed flexible layout | High privacy fencing | Prime school catchment proximity
This property presents a competitively strong offering as a near-new house on a 380m² block, a configuration increasingly rare in this ring. Its modern construction, solar panels, and high-spec finishes position it as a low-maintenance entry into the Brompton Primary catchment, ideally serving a young professional or small family seeking security and move-in readiness. The ambiguity between two or three bedrooms offers functional flexibility.
The primary risk is the compressed marketing timeline and price point against recent, larger sales on the street, suggesting a premium for condition. The opportunity lies in securing a turnkey property below estimated value, with commercial logic favoring a long-term hold to amortize the new-build premium. Acquire for occupancy, not speculation.
Recent sales on Simpson Avenue provide direct context:
• 1A Simpson Avenue sold for $1,047,000 in Oct 2025 (3 bed, 2 bath, 1 car).
• 41 Simpson Avenue sold for $712,800 (details partial).
• 35 Simpson Avenue recently auctioned (3 bed, 1 bath, 1 car).
This indicates the subject property’s asking range is positioned between recent sales, justifying its price given its newer build and larger land size compared to 41 Simpson Avenue, yet at a discount to the superior bedroom/bathroom configuration at 1A. It represents fair value for its modern attributes.