1306 Bunnerong Road, Phillip Bay NSW 2036

1306 Bunnerong Road, Phillip Bay NSW 2036
3-bedroom house in Phillip Bay | 511sqm block with garage | La Perouse school catchment | No flood or bushfire overlay This property offers a rare combination of a solid 511sqm block with a functional three-bedroom layout and three car spaces in a tightly held coastal pocket. The absence of bushfire, flood, or heritage overlays removes common friction points for buyers and lenders, while the Randwick council area and proximity to La Perouse Public School give it broad family appeal. For someone seeking a freestanding house with genuine parking and low site risk, this is a defensible entry point into a market where comparable blocks are scarce. The main limitation is the single bathroom, which will constrain appeal for families with older children or dual-occupancy aspirations without renovation. The 40% building coverage and 202sqm footprint suggest modest expansion potential, but any extension would require careful council engagement. The NBN and 5G coverage add convenience but are not decisive. For a buyer prepared to hold, this property works best as a long-term family home or a measured renovation playโ€”improve the bathroom and update the interior to lift value without overcapitalising.

Independent, Unbiased Research Report for this property by PropCred Analyst teamย 

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Market Insight:

Phillip Bay occupies a tightly held, prestige coastal pocket where demand is driven by a small cohort of equity-rich buyers seeking waterfront proximity and scarcity. The house market has softened over the past year, reflecting a correction in the upper-tier segment, with limited turnover of fewer than a dozen sales reinforcing the suburbโ€™s illiquid character. Rental yields remain compressed, typical of high-value owner-occupied enclaves. Future growth is constrained by the very thin supply and rate sensitivity among leveraged buyers, while the absence of major infrastructure or demographic catalysts leaves price momentum dependent on broader luxury market conditions.
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PropCred Estimated Value

Bedrooms

3

Bathroom

1

Parking

3

Land

511mยฒ

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