2002 Lagoon Road, Tannas Mount NSW 2795

2002 Lagoon Road, Tannas Mount NSW 2795
| 12 ha land | 18m shed | limited comparable sales | rural lifestyle premium | Given the property’s substantial landholding and outbuilding, the primary risk is the market’s narrow depth for rural lifestyle holdings at this price point, which may extend selling time and limit buyer pool liquidity. The 2018 sales history, while indicative of land value appreciation, lacks corroborating recent comparable transactions to validate current pricing, creating an appraisal gap risk. The 870m elevation and dam, however, confer genuine drought-resilient water security and scenic amenityβ€”factors that underpin a hold strategy for long-term capital preservation, not a quick flip. This property’s competitive rarity lies in its combination of a modern 578mΒ² residence on 30 usable acres with town proximity, a configuration scarce in the Bathurst region. For a buyer seeking a compound with multi-generational living or home-based agricultural enterprise, the 18m shed with three-phase power and dual rainwater tanks materially reduce setup costs. The most compelling buying case is for a family or retiree trading suburban density for self-sufficient acreage, where the property’s infrastructure offers immediate functional value. Next, verify current council consent for any intended commercial or additional dwelling use to confirm the cited versatility is legally executable.

Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ 

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Market Insight:

Tannas Mount presents as a micro-market defined by scarcity. With a small resident base and only two house listings in the past year, the suburb operates outside mainstream transaction cycles. Demand appears driven by those seeking a low-density, private lifestyle, reflected in a modest weekly rent for three-bedroom properties. The absence of median price data or sales volume signals a market that is neither liquid nor price-transparent, making it unsuitable for investors requiring comparables. Future growth is constrained by the lack of transport, school, or infrastructure data, suggesting limited external demand drivers. The key risk is illiquidity: low turnover can amplify price volatility when transactions do occur.
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PropCred Estimated Value

Bedrooms

4

Bathroom

3

Parking

2

Land

12.14 ha

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