120 Blackman Parade, Unanderra NSW 2526

Elevated corner block with eastern views | 1970 brick & tile | 4 bed, 2 bath, ensuite | 626m² family yard | Bushfire & flood overlays This property presents a competitively strong family home on a large, elevated corner block, a configuration increasingly rare in established suburbs. The immaculate condition and single-level layout offer immediate utility, while the oversize living area and covered entertaining space directly leverage the leafy outlook and views. It serves a family seeking space and privacy without renovation overhead, supported by reliable fibre internet and strong school catchments. Decision hinges on the specific risk mechanisms of the bushfire and flood overlays, which will directly influence insurance premiums and may constrain future modifications. The larger lot size compared to recent sales provides a tangible land value buffer. Acquire as a long-term hold to capture land value appreciation while using the durable improvements; the current estimated valuation range appears grounded. A Propcred report would pressure-test this valuation against precise locality risks and overlay compliance costs, providing a clear insurance and holding cost framework. Recent comparable sale at 74 Blackman Parade, a 3-bedroom house, establishes a benchmark. This subject property’s additional bedroom, bathroom, and larger land parcel command a justifiable premium, confirming its positioned value within the suburb’s upper range.