23 Nardoo Street, Ballimore NSW 2830

four bedrooms | three bathrooms | studio included | rural village | no flood risk | water security with 60kL tanks The primary risk is that this property’s price reflects the cost of a separate studio and a large block, but the house itself is a single-story design with 22% site coverage—meaning you pay for land you must maintain without immediate development upside unless subdivision is feasible, which zoning does not guarantee. The opportunity is clear: the last sale in 2021 at $310,000 indicates a 110% increase in list price over four years, but the current asking sits above estimated value at $566,000, so the buyer must negotiate from the studio’s rental income potential—estimated around $450 per week—to justify the premium. Hold this as a dual-income rural retreat with a separate rental stream; use the studio to offset costs while the main house serves as a family home. What makes this competitive is the self-contained studio, which is rare in Ballimore at this price point—it effectively gives you a two-lot setup on one title without the cost of a second purchase. For a buyer needing multigenerational living or a work-from-home space that can be independently accessed, the layout and outdoor infrastructure—rainwater tanks, solar panels, four car spaces—reduce ongoing expenses and add functional density. This suits a family or investor who values space over proximity to Dubbo’s core; you get village amenities within walking distance and a school catchment that supports a long-term hold. The timber flooring and wood fire are durable, low-maintenance finishes that align with rural resale expectations. Comparable sales locally for four-bedroom homes on similar blocks range from $520,000 to $590,000, so this listing at $650,000 requires justification through the studio and water infrastructure; the value inference is that you pay a 10–15% premium for the separate accommodation and storage. To secure the property at a fair price, commission a building and pest inspection on the studio—it may reveal deferred maintenance that strengthens your negotiation position.