30 Parkside Drive, Kogarah Bay NSW 2217

5 bed/4 bath Hamptons rebuild | 533m² level lot | pool & secondary suite potential | prime school catchments This property presents a competitively rare configuration for the suburb, combining a substantial, recently rebuilt family home on a level block with formal secondary accommodation potential. Its five-bedroom, four-bathroom layout on a 533m² parcel significantly exceeds typical local housing stock, targeting the premium owner-occupier segment seeking space, quality finishes, and multi-generational living options within top public school catchments. The absence of development overlays provides certainty. The primary risk is its price positioning against a thin comparable sales history, relying on its unique rebuild and size to justify a premium. The implied gross rental yield is modest, confirming its owner-occupier utility over investment. Acquire for long-term family occupation to capitalise on its spatial advantage and quality; its commercial logic as a rental is weak. Recent sales on Parkside Drive show a median of $2.588 million. General sales in Kogarah Bay for standard houses are consistently lower. This property’s asking premium is directly attributable to its larger land size, superior bedroom/bathroom count, and rebuilt condition, which are not reflected in the median figure.