10 Gerard Avenue, Farmborough Heights NSW 2526

562m² block | 90% owner-occupier street | private sale only | 115m elevation with no overlays The property’s positioning on a 562m² lot with 27% building coverage offers a rare configuration advantage in a suburb where median land values have risen steadily. The 90% owner-occupier street profile and zero auction clearance rate indicate a tightly held pocket with low turnover, reducing speculative price volatility for a buyer. For a downsizer or first home buyer seeking a solid entry into the Wollongong corridor, the combination of a detached house, FTTP connectivity, and absence of flood or bushfire overlays provides a clean foundation that most competing listings in this price bracket lack. The primary risk is the 2001 last sale date, meaning the property has not been tested against current market conditions; a buyer should budget for potential deferred maintenance on a 23-year-old structure. The school catchment distances—particularly the 4.4km to secondary school—may limit appeal for families, compressing the buyer pool. However the 10% rental ratio suggests achievable holding costs, and the estimated weekly rent of $585 provides a buffer if circumstances change. Hold this property for its land content and street quality, not for immediate capital growth.