Four-bedroom family house on large block | Established Chisholm location | Near sought-after government schools | Auction scheduled
This property presents a competitively strong offering for a family buyer, given its four-bedroom configuration on a notably large, flat block within walking distance of well-regarded government schools. The substantial land component relative to the internal floor area signals potential for future extension or outdoor living, a rarity in newer estates. It serves the long-term owner-occupier seeking space and established neighbourhood character over modern finishes.
The primary decision mechanism is the auction, introducing price uncertainty against an estimated range. The 1982 build necessitates a diligent building inspection budget, as latent maintenance costs could materially impact equity. The discrepancy in bedroom counts between sources requires physical verification. For a buyer, the commercial logic is securing a large parcel in a stable catchment; proceed with a firm ceiling price reflecting renovation reserve, otherwise the yield as a rental is uncompetitive against nearby stock.
* **26 Heagney Crescent:** Sold for $910,000. Provides a direct street benchmark, though contract date and exact condition are unknown.
* **23 Heagney Crescent (Rental):** 3-bedroom on larger land at $675/week. Highlights that this 4-bedroom property could command a premium rent, but the yield remains modest.
The recent sale on the same street suggests solid underlying demand, supporting a value proposition towards the upper end of the estimated range for a well-presented, verified four-bedroom home.