23 Wayfarer Road, Gables NSW 2765
23 Wayfarer Road, Gables NSW 2765
5-bed house on 250m² | 91% building coverage | recent land subdivision | high-growth suburb | owner-occupied demand
This house presents a compelling case as a high-utility family home in a rapidly densifying suburb. Its five-bedroom, two-bathroom configuration on a fully utilized 250m² lot targets the dominant demographic of young, professional families, evidenced by the suburb’s 270% population growth. The 91% building coverage and recent 2025 land purchase for $570,000 signal it is part of a new, efficient land subdivision, maximizing living space where older stock may not compete. Features like ducted heating/cooling, solar panels, and a study cater directly to the high-income, mortgage-repaying households prevalent in the area, offering a move-in-ready product in a supply-constrained market with high owner-occupier demand.
The primary risk is the premium being asked over the estimated value, alongside the inherent illiquidity of a highly specific, large-format family home in a market correction. The lack of bushfire or flood overlays mitigates insurance and holding costs. Its commercial logic is capitalizing on continued suburban densification and holding for long-term demographic tailwinds. Acquire this as a long-term principal residence, not a short-term vehicle.
Nearby sale at 21 Wayfarer Road (Nov 2025) provides a direct benchmark: a similar 5-bedroom house on a slightly smaller 247m² lot was estimated at $1,348,000. This confirms the subject property’s listing is positioned at a premium to immediate comparables, demanding scrutiny on its $32,000 price justification for its additional bathroom and 3m² of land.
Detailed Independent Property Report prepared by PropCred Analyst team for 23 Wayfarer Road, Gables NSW 2765
Checks found:
Value Risk
1
Liquidity Risk
Planning Risk
2
Income Risk
Execution Risk
URL has been copied successfully!
Market Insight
Gables is a rapidly developing family suburb in Sydney’s North West, with demand driven by couples seeking new housing and family-friendly amenities. The market shows firm house price growth, supported by strong rental increases, though unit values have experienced significant recent volatility. Future growth is anchored to the suburb’s ongoing development within the expanding region, presenting a typical profile of a young, mortgaged community sensitive to broader market conditions.
URL has been copied successfully!
PropCred Estimated Value
Bedrooms
5
Bathroom
2
Parking
2
Land
URL has been copied successfully!