21 O'Leary Drive, Cooranbong NSW 2265

Large family home on 530m² | Near top-tier private school | No overlays | New to market This property presents a competitively strong, low-risk family proposition in Cooranbong. Its four-bedroom, dual-living-area configuration on a fully fenced 530m² block, directly adjacent to Avondale School, creates a specific and durable appeal for families seeking space and convenience. The absence of bushfire, flood, or heritage overlays removes significant approval and insurance complexities that burden comparable properties elsewhere. With a building footprint covering 56% of the land, the house offers substantial internal space at 298m², positioning it above typical suburban stock for functionality. This house serves the established family segment most effectively, offering a move-in-ready solution with secure parking and modern inclusions like split-system air conditioning, which solidifies its owner-occupier appeal. The decision hinges on its price positioning against recent street sales and the premium for its condition. Key sales data establishes the local benchmark: 7 O’Leary Drive sold for $790,000, while this very property last transacted at $855,000 in late 2022. The current ask of $1,000,000 to $1,100,000 demands a material premium, justified only by the property’s new-to-market status and the strong capital growth since its previous sale. The primary risk is overpaying relative to the immediate resale ceiling set by older, lower-priced comparables on the same street. The opportunity lies in securing a large, unencumbered family home in a stable location, with the commercial logic of acquiring a scarce, turnkey product in a suburb where new estate packages now exceed $1.1 million. Acquire at the lower end of the quoted range, as a long-term hold for occupancy or eventual trade-up.