171 Waterfall Drive, Jerrabomberra NSW 2619

Elevated reserve backing | 953 sqm in a tight pocket | 4 bed family scale | 352 sqm two-storey build | 3 car accommodation The buying case here rests on a rare combination of land size and position. At 953 sqm with direct reserve backing and an elevated site, this property offers a privacy buffer and outlook that most houses in Jerrabomberra cannot replicate. The 352 sqm two-storey layout provides generous family zoning, and the three-car accommodation adds practical depth for a household with vehicles or storage needs. It is best suited to a buyer prioritising space, seclusion, and long-term land value over immediate cosmetic finish or walkability. The main risk is the build year discrepancy between 2003 and 2005, which may affect insurance or depreciation assumptions and should be verified through council records. The bushfire overlay is a known constraint that can limit some landscaping or extension options, and it may influence lending criteria for certain buyers. On the opportunity side, the reserve adjacency and elevated landholding create strong re-sale defensibility and potential for future value growth as the suburb matures. This property should be held for at least seven to ten years to realise the land premium.