144B Coal Point Road, Coal Point NSW 2283
144B Coal Point Road, Coal Point NSW 2283
Vacant 974mยฒ block | tightly held lakeside suburb | rare land offering | custom-build opportunity
This is a genuinely uncommon opportunity in Coal Point, where vacant residential land is seldom available. The 974mยฒ parcel is significantly larger than most nearby house blocks, offering a buyer the chance to build a home tailored to their needs in an established lakeside setting. The property sits within a tightly held suburb characterised by low turnover and owner-occupied housing, which supports long-term value stability. It is best suited to a buyer seeking a blank canvas for a custom home, or someone wanting to secure land in a desirable school catchment area before building.
The asking price for this vacant lot is materially lower than improved properties in the immediate area, which may reflect the absence of a dwelling and the need to factor in construction costs. The land’s true value will depend on site-specific factors not confirmed in available data, such as slope, access, and service connection points. A buyer should verify these details and consider how they might affect build feasibility and overall project budget. The lack of rental income during construction may also be a consideration for those relying on cash flow.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 144B Coal Point Road, Coal Point NSW 2283
Market Insight:
Coal Point presents a unique, mature market characterised by a significant price correction, with recent capital growth deeply negative. Demand is driven by established professionals, reflecting the suburb’s stable demographic profile. The current market is soft, evidenced by extended selling periods for larger homes. Future growth appears constrained without new catalysts, with the primary risk being the continuation of the current downward price trajectory in a low-turnover environment.