36A Jedda Road, Lurnea NSW 2170
36A Jedda Road, Lurnea NSW 2170
Semi-detached duplex | 4 bedrooms | 347sqm land | near-median price | off-market tracking
This property presents a rare opportunity to acquire a semi-detached duplex in a suburb where median house prices exceed $1.22 million, offering buyers a competitive entry point into the detached housing market. The four-bedroom, three-bathroom configuration provides genuine family functionality, while the 347sqm land component offers more space than typical units or townhouses in the area. For buyers seeking a property that closely mirrors local median values without the premium of a fully detached house, this duplex represents a strategic compromise between affordability and housing type.
The primary risk lies in the semi-detached nature of the property, which may limit capital growth compared to standalone houses and could present shared maintenance considerations. However, the off-market status suggests potential for negotiation below the estimated $1.18 million valuation, particularly if the seller is motivated. Buyers should verify strata arrangements and any existing easements, as these could affect future renovation flexibility. The property’s alignment with Lurnea’s median house price positions it well for steady demand from families priced out of adjacent suburbs.
Detailed Independent Property Report prepared by PropCred Analyst team for 36A Jedda Road, Lurnea NSW 2170
Checks found:
Value Risk
✓
Liquidity Risk
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1
Planning Risk
✓
Income Risk
✓
Execution Risk
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1
Lurnea NSW 2170
Lurnea is a well-established residential suburb demonstrating consistent long-term growth, currently positioned at fair value with stable fundamentals. Demand is supported by its established character and access to amenities, creating a healthy market where prices are expected to hold or increase marginally. Recent conditions show strong price growth across both houses and units, with a notably active sales market. Future performance is underpinned by sustainable demand against supply, with the key constraint being the limited availability of properties for sale.