11 Elmslea Drive, Bungendore NSW 2621

11 Elmslea Drive, Bungendore NSW 2621
Large acreage block | federation character | quiet cul-de-sac | walk to town | pool and entertaining This property presents a rare buying opportunity in Bungendoreโ€™s established estate, where a 1.07-hectare level block at the end of a quiet cul-de-sac offers genuine privacy without sacrificing convenience. The federation-style home, with its four bedrooms, two bathrooms, dual living zones, and inground pool, is configured for family life and entertaining. For buyers seeking a semi-rural lifestyle within walking distance to town and school bus stops, this property holds a competitive edge. The 2022 sale price of $1.47 million provides a recent benchmark, and current estimates suggest moderate value growth since then. The primary risk is the propertyโ€™s off-market status, which may limit negotiation leverage if it returns to sale. Buyers should verify the car accommodation discrepancy and confirm no overlays restrict future use. The rental estimate of around $930 per week offers a solid yield for an investor, but the propertyโ€™s true value lies in its lifestyle appeal. For an owner-occupier, this is a hold-and-enjoy property, best approached as a long-term family home with potential for gradual capital appreciation in a tightly held pocket of Bungendore.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 11 Elmslea Drive, Bungendore NSW 2621
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Market Insight:

Bungendore offers a compelling lifestyle proposition, blending rural charm with proximity to Canberra, attracting professionals and families seeking ready-to-occupy homes and lifestyle properties. This underlying demand persists despite recent price adjustments, with the market currently characterised by extended settlement times. Future growth is supported by a significant and clear undersupply of both for-sale and rental stock, though sensitivity to broader economic conditions remains a key consideration.
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PropCred Estimated Value

Bedrooms

4

Bathroom

2

Parking

3

Land

1.07 ha

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