3 Government Road, Nords Wharf NSW 2281

Large 5-bed on 830sqm | last sold 2023 | premium lakeside suburb | strong owner-occupier demand This house occupies a rare configuration in Nords Wharf: a five-bedroom, four-bathroom residence on an 830sqm block with a 370sqm building footprint, in a suburb where 84% of residents are owners and only two five-bedroom houses have sold this year. The substantial floor plan and land size give it a competitive edge over typical family stock, and the 2023 sale date suggests the vendor may have limited equity gain, which could translate to realistic pricing. The property best suits a large family seeking a permanent home in a lakeside setting with a 90% owner-occupied street profile and a primary school within walking distance. The key risk is the lack of recent comparable sales for five-bedroom houses in the suburb, which makes accurate valuation difficult and may lengthen the selling period. The buyer should commission an independent appraisal and inspect for any deferred maintenance given the building’s size and age. An opportunity exists to negotiate below the upper end of the estimated range if the property has been on the market quietly since May. Hold this property as a long-term family residence to benefit from the suburb’s low turnover and stable owner-occupier demand.