4 Garden Avenue, Figtree NSW 2525

Renovated 3-1 on 664m² | no flood overlay but low site coverage | 11 days unsold at $1.2M guide | rental yield below 3.4% if purchased near ask. The primary risk is the gap between vendor expectation at $1.2M and the upper estimate of $1.32M, which leaves a buyer exposed if market softness continues. With only 27% site coverage and single bathroom configuration, the property lacks the density or amenity to command a premium over comparable mid-tier family homes in Figtree. However the renovation is genuine and recent; polished floors, Caesarstone, and gas cooking reduce immediate capex. For an owner-occupier planning 5+ years, this holds value as a solid entry point into a low-density suburb with 82% owner-occupancy. Renting it out at $790pw midpoint returns roughly 3.4% gross, which underwhelms relative to even a conservative mortgage rate. The call is clear: buy only if you intend to live here and can negotiate below $1.18M; do not buy as a pure investment unless you accept sub-3.5% yield. What makes this property competitively rare is the combination of a fully renovated interior on a relatively generous 664m² block in a stable owner-occupied pocket of Figtree. The single bathroom remains the limiting factor for families with children, but for couples, downsizers, or first-home buyers who value move-in condition over space for expansion this is a strong positioned offering. The solar panels and gas heating give genuine running-cost advantages that compound over time. This property best serves a buyer who wants low maintenance living without sacrificing a backyard or street appeal. If you are the kind of buyer who values a turnkey house with room to add value later via a granny flat or extension on that site coverage, book a private inspection now before the listing window closes and pricing becomes firmer. Comparable sales show 3-bedroom houses on similar sized blocks in Figtree sold between $1.05M and $1.25M in the last six months, with renovated examples landing at the higher end. This property sits at the top of that range but with newer kitchen and bathroom upgrades that justify a slight premium if the buyer values finish over square footage. The valuation inference is that any offer above $1.18M requires the buyer to accept minimal immediate upside.