18 Harvie Drive, Boambee East NSW 2452

3 bed brick house | 842sqm block | 80% owner-occupied street | sold $640k Aug 2024 This property offers a rare combination of a solid brick home on a large 842.7sqm block in a stable, high-owner-occupier street where 80% of residents own their homes. The 107sqm internal area is modest but functional, and the land size provides genuine future flexibility for extension or redevelopment, making it a strong entry-level proposition. It best suits first-home buyers or investors seeking long-term capital growth in a low-turnover area with good school proximity and a demographic skewed toward families and long-term residents. The primary risk is the auction format on a property that last sold only nine months ago for $640,000, suggesting limited short-term equity gain. Council rates at $3,493 annually are above average for the area and will affect holding costs. The 0% auction clearance rate on the street indicates local buyer caution, and the 20% renter proportion may limit rental yield growth. The opportunity lies in the land value: a 842sqm block in a stable suburb with 74% long-term residents is a scarcity play. Hold for medium-term land appreciation rather than immediate rental return.