28/39 Collaery Road Russell Vale NSW 2517
28/39 Collaery Road Russell Vale NSW 2517
Tri-level townhouse | 1.25ha shared land | renovated neutral interiors | quiet complex | 10-min walk to amenities
This tri-level townhouse presents a competitively strong proposition due to its house-like proportions and low-maintenance format on a substantial shared land parcel, a rare configuration for a strata property. The recent renovation and immaculate condition position it as a modern, move-in ready home, best serving owner-occupiers seeking space or investors targeting a quality rental in a quiet, family-oriented location near schools and local shops.
The primary decision hinges on the strata lot size; the 1.25-hectare figure likely applies to the entire complex, not the individual title, requiring immediate verification of strata fees and common property responsibilities. The achieved sale price establishes a firm recent benchmark. Consider this property a hold for long-term capital stability coupled with reliable rental income, supported by the absence of major planning overlays. Our tailored report would verify the real strata costs, provide a precise valuation against true comparables, and assess locality-specific risks for insurance.
The property sold for $1,000,000 on 3 July 2024. This recent, verified transaction provides a concrete market benchmark, indicating the price point buyers deemed appropriate for its specific configuration and condition at that time.
Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ
Market Insight:
Russell Vale presents as a tightly held family suburb with strong local amenity, where demand is driven by professionals and tradespeople seeking a well-located community. Recent price trends show a market in consolidation following significant long-term growth, with current conditions characterised by very low rental vacancy and limited sales stock. Future growth is underpinned by its established appeal and relative affordability within the region, though constrained by extremely low property turnover which may limit opportunity and increase price sensitivity.