29 Meldrum Avenue Miranda NSW 2228

Five-bedroom house | Recently renovated | $2.12m estimate | Flood overlay detected This five-bedroom, two-bathroom residence on a 556 square metre block represents a mid-market family home positioned for owner-occupiers or investors seeking established suburban living with development upside. Built in 1970 and substantially renovated with high-end finishes, the property has undergone transformation that extends beyond cosmetic updates. The 281 square metre footprint occupies roughly 50 percent of the land, leaving meaningful scope for future extension or reconfiguration, a factor that typically appeals to buyers with long-term holding intentions. Last recorded sale in November 2010 at $720,000 provides historical context; the current $2.12 million valuation reflects both wider market appreciation over fifteen years and the value added through renovation work. The property’s positioning within Sutherland Shire places it within established, infrastructure-supported suburbs where similar houses tend to attract families prioritising school catchments—notably Miranda North Public School and Endeavour Sports High School—alongside proximity to established amenity. The presence of a flood overlay warrants consideration in risk assessment and insurance planning, though the property’s five-metre ground elevation and Sutherland Shire location suggest manageable rather than acute exposure. Connectivity features including NBN Fibre to the Curb and 5G coverage align with contemporary buyer expectations, while solar panels and air conditioning address operational cost consciousness among modern family purchasers. Properties of this profile—renovated, multi-bedroom, on substantial land with development potential—tend to demonstrate resilience in downturns and attract competitive bidding in stronger cycles, positioning this holding as a property with solid long-term appeal to both owner-occupiers and portfolio investors focused on suburb fundamentals rather than speculative growth.