116 Speedy Street Molong NSW 2866

116 Speedy Street Molong NSW 2866
Five-bedroom rural residence on five acres | within Molong township | immaculate condition | substantial lot size. This property presents a competitively strong offering as a substantial rural-lifestyle holding within a township boundary, a configuration that is inherently rare. The five-bedroom, four-car accommodation on five immaculate acres serves a buyer seeking a permanent family residence with significant space and privacy, without complete isolation from town amenities. Its two-decade ownership history suggests a well-maintained house, though the absence of building age and condition specifics is a material omission. The primary decision risk is the substantial valuation premium over the sole nearby comparable sale, absent recent market evidence to justify it. The opportunity requires negotiating a price aligned with demonstrable, recent sales evidence, not aspirational listing figures. This property should be acquired strictly as a long-term lifestyle holding, not for short-term equity gain. Our property advisory report would ground your offer in a real market valuation and detail locality risks, specific building checks, and insurance complexities for a rural residential lot. Nearby comparable sale: 106 Speedy Street, a five-bedroom, two-bathroom house with four car spaces, sold for $955,000 in December 2023. This transaction, occurring within the same street and sharing core configurations, establishes a direct value benchmark, indicating the subject property’s listing carries a significant premium requiring justification.

Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ 

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Market Insight:

Molong presents as an affordable regional entry point, with a market currently favouring buyers as supply outweighs demand. Recent price trends have been soft, reflecting this imbalance. Demand is anchored by established owner-occupiers, primarily families, contributing to market stability. Future organic growth appears constrained by the current supply-demand dynamic, requiring vendor realism in negotiations.
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PropCred Estimated Value

Bedrooms

5

Bathroom

2

Parking

23

Land

2.02 ha

Assessments Delivered Today

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