159 Burns Road, Turramurra NSW 2074

Bushfire risk present | Domain estimate below guide by $840k | 1,730m² lot with 8 car spaces | Rental yield only 2.8% The bushfire risk imposes ongoing mitigation costs and may restrict insurance options, reducing long-term liquidity for a buyer. The auction guide sits well above Domain’s midpoint estimate, creating negotiation leverage if comparable sales support lower value. The large lot and extensive parking offer future subdivision potential or multi-vehicle household use, but the yield is too low for pure investment. Hold for land banking or owner-occupation, not near-term capital growth. This property stands out for its rare lot size and eight parking spaces in Turramurra, a suburb with 80% owner-occupier stability. The five bedrooms and three bathrooms suit large families seeking space and local school access. It best serves an owner-occupier willing to accept the bushfire risk for land value, not an investor seeking rental return. To confirm your position, compare recent sales of similar large lots in Burns Road and commission a bushfire assessment before bidding. – Comparable sales data available: 154B Burns Road (3 bed, 2 bath, 1,032m²) and 187 Burns Road (5 bed, 5 bath, 1,094m²) suggest the larger 1,730m² lot may command a premium, but the lower bedroom count of 154B pressures upside. – Domain low estimate of $2.71m and high of $3.51m, versus $3.95m guide, indicates the seller’s expectation may exceed current market evidence by $440k. Buyers should anchor on the midpoint and validate with recent settlement data.