12 Glebe Road, The Junction NSW 2291

Renovated 5-bed house | 600m to Bar Beach | In-ground pool | Flood overlay This property presents a rare combination of a substantial, recently renovated family home in a prime coastal proximity. The five-bedroom configuration with three new bathrooms and ducted climate control caters directly to the premium owner-occupier market seeking turnkey luxury near beaches and top-tier public school catchments. Its scarcity is underscored by the significant lot size and building footprint for a central suburb location. The principal risk is the flood overlay, which imposes potential insurance premiums and future saleability constraints that a buyer must financially model. The opportunity lies in acquiring a modernised, high-amenity house in a tightly held locale where land value dominates. This property is a long-term hold for a lifestyle-driven buyer, not a short-term vehicle, as its value is insulated by its configuration and location rather than speculative growth. Sales history indicates sustained long-term capital growth: * Aug 1981: $53,000 * Jul 1997: $174,320 * Feb 2001: $277,500 * Nov 2008: $1,100,000 This trajectory, particularly the 2008 sale, establishes a high-value baseline and demonstrates the street’s established prestige, against which the current premium asking price must be assessed for future performance.