Large character home on 941m² | Fully fenced & renovated | High ceilings & polished floors | Strong suburb growth profile
This property presents a competitively strong proposition due to its substantial, fully fenced land parcel in a rising suburb, a combination that is increasingly rare. The full renovation within an older character home delivers immediate livability without compromise, best serving an owner-occupier seeking space and charm or an investor capitalizing on the suburb’s high rental yield. Its recent sale and immediate relisting suggest a rapid value reassessment, positioning a buyer to acquire a turnkey home on a large block with documented growth momentum.
The primary decision hinges on reconciling the conflicting bedroom counts, a discrepancy that directly impacts valuation and rental potential. The substantial price premium sought over the recent purchase demands scrutiny of the renovation’s quality and market timing. Acquire this property for long-term holding, leveraging its land component and finished condition; the commercial logic is sound only if the price aligns with a three-bedroom valuation. Proceed with a building inspection to verify the layout and finishes, securing a clear title on this uniquely positioned home.
Recent suburb median sale price is $440,000, matching this home’s last sold price in January 2026. This establishes a recent benchmark, against which the current asking price represents a significant premium that must be justified by the renovation and land size.