3 bed on 576m² lot | near primary school | last sold 2024 | sale by appointment
This house presents a competitively priced entry into a family-oriented location, anchored by its proximity to Willandra Primary School. The 576m² lot size is a functional advantage for a three-bedroom home, offering space for children or outdoor living, and positions it for buyers seeking a low-maintenance yet substantial parcel of land. It serves first-home buyers or investors targeting the school catchment demand, with its recent resale history indicating a potential for vendor motivation.
The primary risk is the compressed turnaround from its 2024 sale, which necessitates rigorous due diligence on the seller’s rationale and any unimproved condition. The lack of detailed feature descriptions suggests a property reliant on location and land value over finishes. Acquire this as a long-term hold, leveraging the established school catchments for stable occupancy, but budget for immediate cosmetic updates not disclosed in the brief listing.
Nearby comparable indicates local value:
– 37 Seminole Gardens: 4 bed, 2 bath, 592m² lot, estimated $896,000.
This suggests the subject property’s three-bedroom configuration, while smaller, should command a proportionally lower price, anchoring its value well below the $900,000 mark and underscoring its role as a more affordable option in the same street.