4 Iraga Avenue, Peakhurst NSW 2210

3 bedrooms historically | 5 bedrooms with granny flat | direct reserve access | blue ribbon quiet street | 85% owner-occupied street The property offers a rare configuration edge: a 2-bedroom granny flat attached to a main residence, effectively delivering dual income or multi-generational capability on a single title. The direct reserve access and quiet street positioning in a blue ribbon setting are strong differentiators in Peakhurst, where 5-bedroom houses are scarce and the auction clearance rate sits at 83%. This property best suits buyers seeking flexibility — whether for extended family, rental yield, or home-office separation — without sacrificing the feel of a single-family home. The main risk lies in the historical data showing a 3-bedroom footprint, meaning the current 5-bedroom count may reflect unapproved modifications or a reconfigured layout that could affect financing or resale. The street’s 85% owner-occupier profile and long-term resident base (86%) suggest low turnover, which may limit recent comparable sales and make valuation less transparent. However, for a buyer who can verify the granny flat’s compliance, the opportunity is meaningful: a property with built-in income potential in a tightly held, high-ownership suburb where 40 houses have sold this year.