118 Kingswood Road, Engadine NSW 2233

| Price guide above suburb median | Pool as liability not luxury | Corner block noise exposure | Limited upside in 3-bed format A price guide at $1,500,000 positions this house 10-15% above Engadine’s median for 3-bedroom stock, which compresses future capital growth. The pool and corner block add maintenance and noise risk that the market does not fully discount. Buyers should underwrite this property as a hold for 7+ years where steady market uplift erodes the upfront premium, not as a short-term gain. The internal layout and garaging suit a family who prioritises amenity over appreciation. What is rare here is the combination of a level 597m² corner block with a pool, dual driveway, and upgraded bathroom—this reduces competition because most similar priced properties in Engadine need renovation or sit on sloping land. The house works best for an owner-occupier with a 5-year horizon who values move-in condition and a flat backyard. To test your risk: instruct a solicitor to review the corner block’s traffic exposure and confirm the pool’s compliance certificate before exchange. Comparable sales: 116 Kingswood Rd $1,530,000 on 590m² (similar block, slightly higher price); 150 Kingswood Rd $1.52m est. for same bedroom count but inferior pool condition. This property lands at a slight discount to these comparables given its smaller living footprint.