13 Dunbier Avenue, Lurnea NSW 2170

13 Dunbier Avenue, Lurnea NSW 2170
696 sqm R3 in Liverpool Council | wide 17.6m frontage | redevelopment optionality | sold $1.1m in 2024 The buying case rests on the land: a 696 sqm R3-zoned block with a 17.6-metre frontage is uncommon in this price band, and that configuration gives a buyer positional leverage. The wide frontage supports duplex or granny flat potential subject to council approval, which is the propertyโ€™s primary competitive edge. The existing three-bedroom, one-bathroom house is functional but not a value driver; it serves as a holding income source while redevelopment options are explored. This property suits a buyer who can fund a longer-term redevelopment timeline and wants to bank land with uplift capacity in a corridor where comparables suggest rising family demand. The main risk is that the R3 zoning does not guarantee approval for higher density; council discretion and site constraints will shape outcomes, and the holding cost of a dated house with only one bathroom may limit rental yield to around $700-$800 per week. The opportunity is to hold, renovate the interior to lift rent, then lodge a dual-occupancy application once local policy direction firms. A plain one-liner: buy for the land and frontage, treat the house as a placeholder, and time the redevelopment to Liverpool Councilโ€™s next planning cycle.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 13 Dunbier Avenue, Lurnea NSW 2170
WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat

Market Insight:

Lurnea is a well-established residential suburb demonstrating consistent long-term growth, currently positioned at fair value with stable fundamentals. Demand is supported by its established character and access to amenities, creating a healthy market where prices are expected to hold or increase marginally. Recent conditions show strong price growth across both houses and units, with a notably active sales market. Future performance is underpinned by sustainable demand against supply, with the key constraint being the limited availability of properties for sale.
WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat

PropCred Estimated Value

Bedrooms

7

Bathroom

3

Parking

4

Land

695mยฒ

Assessments Delivered Today

WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat