40 Wrights Road, Lithgow NSW 2790

1920 double-brick | 669m² large lot | quiet elevated street | FTTP & 5G | no overlays This house presents a competitively strong proposition due to its substantial double-brick construction on a significantly larger than typical lot, free of development constraints. Its elevation and quiet street positioning enhance its family appeal, while the absence of bushfire or heritage overlays simplifies due diligence. It serves buyers seeking a character home with space and stability, further supported by reliable modern connectivity. The decision hinges on the cost of modernising a 1920 build against its solid base, with the price guide reflecting a premium for the recent updates. The older construction demands a specific building inspection to quantify renovation risk. Its value is best realised through long-term holding, capitalising on its enduring lot size and scarcity of unencumbered period homes in the area. Our analysis would pressure-test the current valuation against true comparable sales, verify locality-specific risks, and detail the requisite inspection checklist for a property of this age. Past sales data shows consistent capital growth: a purchase at $295,000 in February 2014 was followed by a sale at $382,000 in June 2017. This trajectory supports the current valuation range, indicating a history of solid appreciation.