19 Fairlawn Avenue, Turramurra NSW 2074
19 Fairlawn Avenue, Turramurra NSW 2074
5-bedroom family home on level 473sqm block | flexible layout with multiple living zones | Turramurraโs 18.7% suburb growth | private garden and outdoor terraces
This property offers a rare combination of flexible five-bedroom configuration and multiple living zones on a level block in a suburb showing strong growth. The master suite with walk-in robe, ensuite and private balcony, along with the stone kitchen and gas fireplace, position it well for discerning families seeking both space and comfort. The 90% owner-occupied street and long-term resident profile suggest stable demand, making this house particularly suited to owner-occupiers looking for a long-term family home in a sought-after catchment for Wahroonga Public School.
The main risk is the 47% auction clearance rate in the area, which may indicate softer demand at the upper end of the estimated range. Buyers should factor in the cost of any updates to the 191sqm building, as the 2016 sale price of $2.28 million suggests the current estimate reflects significant market appreciation. The level block and private garden offer future extension potential, though no heritage overlays simplify approvals. Hold this property as a family home with an eye on its land value over a five to ten year horizon.
Independent, Unbiased Research Report for this property by PropCred Analyst teamย
Market Insight:
Turramurra is a premium, family-centric suburb characterised by strong long-term capital growth for houses, though the unit market has recently softened. Demand is driven by established professionals seeking family homes, reflected in high owner-occupancy. The housing market demonstrates resilience with steady sales volume, while units present a higher yield opportunity amid current price adjustments. Future growth is underpinned by its established demographic profile, though the divergence between house and unit performance warrants close attention.