Large family block in quiet pocket | Adjacent reserve outlook | Spacious primary suite with spa | Above-average parking for area | Room for shedding or improvements
This property presents a competitively strong offering based on its substantial landholding, which is notably larger than many in the area, providing immediate utility for families or those seeking space for future improvements. The configuration of three bedrooms, two bathrooms, and exceptional parking for five vehicles aligns with family demand, while the peaceful reserve outlook and proximity to schools solidify its position as a low-density family home. It serves buyers seeking space over new construction, with the existing floorplan offering a spacious primary suite as a key luxury feature.
Decision hinges on the premium for land size in a quiet, established pocket versus the dated building age, with the last known sale over two decades ago introducing valuation uncertainty. The bushfire overlay is a defined risk requiring costed mitigation. The opportunity lies in the under-utilised land, where council-approved shedding or extensions could crystallise value. This is a long-hold family property, not a short-term play; its utility is derived from its generous parcel and liveable layout, not speculative gain.
Recent sales on Byrnes Rd provide limited but relevant benchmarks:
– 122 Byrnes Rd sold Mar 2024 for $870,000 (4 bed, 2 bath, 3 parking).
– 138 Byrnes Rd sold Nov 2020 for $502,000 (4 bed, 2 bath).
The March 2024 sale at $870k sets a proximate value anchor, suggesting this listed property’s price range acknowledges its one fewer bedroom but compensates with significantly larger land and greater parking capacity. The absence of recent sales underscores the low turnover and relative scarcity of such large allotments in this pocket.