169 Johns Road, Wadalba NSW 2259

Bushfire overlay present | Built at 51% site coverage on 483m² | Recent median $965k pushes upside past $997k estimate | FTTP and 5G coverage add lettability The bushfire overlay on this property introduces a specific cost mechanism for an owner-occupier: elevated insurance premiums and potential compliance costs for any future redevelopment or significant renovation. For an investor, the $800 weekly rental estimate against a $997k valuation yields a gross yield of 4.2%, which is competitive for Wadalba but contingent on confirming actual market rent given the overlay. The 51% site coverage is high for a 483m² lot, limiting extension options but confirming the existing floorplan is efficiently using the land. The decision is this: hold for steady rental income or live in as a modern family home, but do not buy expecting subdivision or substantial value-add from the land itself. What is competitively strong here is the combination of modern interiors from 2015 with a master ensuite and walk-in robe—features that command premium pricing in Wadalba’s $965k median market. The FTTP and 5G coverage make this a rare offering for remote workers, which directly supports the upper end of the rental estimate. This property best serves a family wanting move-in readiness or an investor seeking a low-maintenance rental with solid tenant appeal. The comparable at 161 Johns Road reinforces the $1m price bracket, but that property sits on 500m² without the bushfire overlay—your negotiation lever is the overlay discount, estimated at 3-5% below unencumbered comparables. **Comparable sales insight:** 161 Johns Road (500m², 4/2) estimated at $1,024,000 and $795pw rental. This property at 483m² with bushfire overlay should trade at $970k-$990k, making the current $997k estimate slightly aggressive by 1-2%. The bushfire overlay is manageable for a buyer who confirms insurance costs and council vegetation management requirements—do not let it stop you, but use it as your primary negotiation point when engaging the agent.