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.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 116 Speedy Street Molong NSW 2866
WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat

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.
WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat

PropCred Estimated Value

Bedrooms

5

Bathroom

2

Parking

23

Land

2.02 ha

Assessments Delivered Today

WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat