3 Carinya Road, Girraween NSW 2145

3 Carinya Road, Girraween NSW 2145
Larger land parcel | Three-bathroom house | Three-car accommodation | Owner-occupier street | Above-average configuration. The subject property presents a configuration that is competitively strong within its immediate context, offering a combination of three bathrooms and three car spaces on a land parcel inferred to be substantially larger than the recent transacted stock on Carinya Road. This positions the house to serve a specific buyer profile-likely a family or multi-generational owner-occupier seeking space and utility-more effectively than the typical three or four-bedroom houses with fewer bathrooms and parking spaces that dominate recent sales. Its auction method and the suburb’s high owner-occupancy rate signal a market where competitive bidding for well-configured, scarce stock is the norm, not the exception. The absence of detected environmental overlays simplifies due diligence, while the established school catchments provide a stable, family-oriented amenity base. Proceed with the understanding that the primary risk mechanism is the premium commanded for its superior configuration, which must be validated against unconfirmed attributes like building quality, age, and exact land size; a failure to confirm these may result in overcapitalization. The commercial opportunity lies in securing a property with inherent scarcity-more bathrooms and parking than neighbouring sales-within a tightly held, owner-occupier precinct, which typically supports long-term capital stability. Acquire through the auction process with a disciplined limit based on a cost-per-square-metre analysis of the confirmed land area, as the comparable sales data for standard configurations establishes a clear baseline from which a justified premium can be calculated. Recent sales on Carinya Road provide a clear value baseline: – 18 Carinya Road: 4 bed, 3 bath, 2 car, sold $1,100,000. – 14 Carinya Road: 4 bed, 2 bath, 2 car, sold $1,252,000. – 23B Carinya Road: 3 bed, 2 bath, 3 car, 228mΒ² land, sold $1,025,000. – 11/11-13 Carinya Road: 3 bed, 3 bath, 1 car, 125mΒ², sold $1,025,000. These transactions cluster between $1.0 and $1.25 million, demonstrating that your target property, with its suggested larger land and three-car garage, must justify a premium above this range, particularly against the $1.1 million sale of 18 Carinya Road which shares the three-bathroom feature.

Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ 

WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat

Market Insight:

Girraween is a family-oriented suburb with strong demand driven by its excellent schools and established community. The market is characterised by a limited supply of detached homes, with townhouses forming a significant portion of stock. This scarcity, coupled with sustained demand from young families, has supported robust price growth for houses. Future performance is underpinned by these enduring appeal factors, though affordability pressures are emerging, making entry-level detached housing increasingly rare.
WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat

PropCred Estimated Value

Bedrooms

3

Bathroom

3

Parking

1

Land

265mΒ²

Assessments Delivered Today

WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat