24 Flinders Street, Matraville NSW 2036

Corner parcel | elevated position | 5 bed brick & tile | peaceful street | 575m² lot This house presents a competitively strong offering due to its substantial landholding on a corner in an elevated, quiet position-a rare configuration that ensures privacy and future flexibility. The 5-bedroom, brick-and-tile construction on 575m² serves a family buyer seeking permanence and space in a tightly held suburb, with the added benefit of proximity to well-regarded public schools. Its lack of environmental overlays simplifies due diligence and enhances long-term security. The primary decision rests on reconciling the listed price against the provided valuation range, as paying above the midpoint introduces immediate equity risk. The commercial opportunity lies in the property’s sub-40% building coverage, which permits future expansion or renovation, thereby manufacturing value. This is a long-term hold; proceed only within the lower half of the valuation band to protect capital. Nearby comparable sales indicate the local market’s tone. 21 Flinders Street carries an estimated value of $3,496,000, while 24 Flanders Avenue on a similar lot is estimated at $3,144,000. This suggests the subject property’s estimate of $3.31m is positioned as a median offering, demanding scrutiny to ensure its corner and elevated premiums are justified and not merely priced at the upper limit of the range.