17 Torquay Drive, Lake Tabourie NSW 2539
17 Torquay Drive, Lake Tabourie NSW 2539
4-bed family house on 744mยฒ | 297mยฒ building with two living areas | 95% owner-occupied street | bushfire overlay present
This property offers a rare configuration advantage in Lake Tabourie: a 297mยฒ building on a 744mยฒ lot, giving 40% site coverage with a balcony, workshop, and shed already in place. The two living areas and split-system air conditioning make it immediately functional for a family seeking space without renovation. The street’s 95% owner-occupier rate signals stable demand and low turnover risk, which supports long-term holding. It best suits a buyer who wants a move-in-ready house with room for hobbies or home-based work, and who values privacy over proximity to town.
The bushfire overlay is the primary riskโit may increase insurance costs and limit some future extensions without council approval. The 11m ground elevation and 7m roof height reduce flood risk but do not eliminate fire exposure. Rental potential at $630 per week gives a gross yield near 3.7% at current list price, which is acceptable but not exceptional for the area. The reliable NBN Fixed Wireless adds modest utility. Hold this property as a permanent family home or a long-term rental; its configuration and street character make it ill-suited for short-term flipping or subdivision plays.
Independent, Unbiased Research Report for this property by PropCred Analyst teamย
Market Insight:
This suburb presents a compelling entry point for buyers seeking value, characterised by a robust and appreciating housing market. Demand is currently driven by owner-occupiers, evidenced by a steady sales volume and houses transacting at a measured pace. The market is demonstrating strong upward momentum, with prices rising significantly over the past year. Future growth will be supported by this established demand, though the limited turnover of available stock remains a key constraint on supply.