2 Alvine Place, Oakville NSW 2765
2 Alvine Place, Oakville NSW 2765
Detached family home on 399m² | Sold 2024 for $670k | 4 bed, 3 bath, 2 car | Oakville NSW 2765
This property offers a solid entry point into a newer suburban pocket where detached houses on moderate lots are the norm. The configuration of four bedrooms and three bathrooms is well suited to families who need separate spaces for children, guests, or a home office, and the two car spaces add practical daily convenience. What is competitively strong here is the price point relative to the larger five bedroom houses nearby, which suggests this property may appeal to buyers who want a newer style home without paying a premium for maximum floor area. The land size of 399 square metres is typical for the immediate street and supports a low maintenance lifestyle while still providing private outdoor space. This property serves best as a first or second home for a family focused on suburban living, good school catchment access, and straightforward ownership without complex features.
The sale price of $670,000 in 2024 sets a clear recent benchmark, but buyers should weigh what has changed in the market since then. Interest rate movements and local demand shifts may have altered where this property sits relative to comparable houses. The presence of a bushfire overlay on a nearby lot suggests that overlay checks are worth confirming for this address, as insurance costs and development flexibility could be affected. No flood or heritage constraints have been flagged, which is a neutral signal. The lack of documented building age means buyers should verify construction quality and any remaining warranty periods. These factors may influence how the property holds value over time, but they do not diminish its current appeal as a functional family home in a low density setting.
Detailed Independent Property Report prepared by PropCred Analyst team for 2 Alvine Place, Oakville NSW 2765
Checks found:
Value Risk
!
1
Liquidity Risk
✓
Planning Risk
✓
Income Risk
!
1
Execution Risk
!
1
Market Insight
Oakville is a semi-rural suburb characterised by high owner-occupancy, primarily attracting established families seeking a family home environment. Demand is driven by trades-oriented households, creating a stable, owner-occupied market. Recent conditions show price adjustments and extended selling periods for premium properties, indicating a cooling phase. Future appeal rests on its semi-rural character, though the market demonstrates sensitivity to broader economic cycles, with recent performance reflecting this volatility.
PropCred Estimated Value
Bedrooms
4
Bathroom
3
Parking
2
Land
399m²
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