116 Campbell Drive, Wahroonga NSW 2076
116 Campbell Drive, Wahroonga NSW 2076
Auction listed house | 4-5 bedrooms on large 1081mΒ² block | Bushfire overlay present | Single-level living | Strong school catchments
This house presents a rare large-block opportunity in Wahroonga, offering significant land value and expansion potential on a level, 1081mΒ² parcel. Its single-storey layout and strong public school catchments cater specifically to upsizing families seeking space and established convenience. The absence of flood or heritage constraints simplifies future renovation, positioning it as a straightforward land bank or a long-term family home in a high-demand suburb.
The bushfire overlay imposes specific construction and insurance costs, a tangible financial risk that must be priced into any offer. The conflicting bedroom count suggests a layout that may require verification or modification. Acquire this property for land value and hold it to capitalise on suburban infill scarcity; its best use is as a permanent residence with a view to controlled redevelopment, not as a short-term holding.
Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ
Market Insight:
Wahroonga is a premium Upper North Shore suburb, underpinned by its excellent schools and family-friendly, low-density environment. Demand is driven by established professionals and families seeking quality housing, with a strong preference for houses over units. The market demonstrates solid price growth, particularly for units, though high entry prices present affordability constraints. Future values are supported by limited land availability and development restrictions, yet low rental yields indicate sensitivity to interest rates for investors.