41 Collendina Road, Gwandalan NSW 2259
41 Collendina Road, Gwandalan NSW 2259
Renovated 3-bed house | 477m² lot | Dual living areas | Modern kitchen & bathrooms | Quick listing turnover
This property presents a competitively strong offering due to its complete, high-quality renovation on a near-500m² lot, a configuration that is rare in the current market. The modern finishes and open-plan layout eliminate immediate capital expenditure, serving a buyer seeking a turnkey home or a rental requiring no upgrades. Its rapid listing timeline suggests a motivated vendor, creating a potential negotiation advantage.
Primary risk lies in the inconsistent property status and absent local comparable sales data, which obscures true market valuation and may lead to overpayment. The opportunity exists to secure a modernized home in an established location, with the commercial logic of holding as a long-term residence to offset transaction costs. Proceed with a disciplined price ceiling based on a independent valuation to mitigate information gaps.
Recent sales data for this specific property shows significant price volatility, which requires careful interpretation.
* Feb 2017: Sold for $90,000
* Oct 2007: Sold for $275,000
The 2017 sale appears anomalously low, potentially indicating a distressed sale or non-arm’s length transaction, and should not be used as a benchmark. The 2007 figure is too historic to be relevant for current pricing. This history underscores the necessity of establishing value through recent, external comparable sales rather than the property’s own past.
Detailed Independent Property Report prepared by PropCred Analyst team for 41 Collendina Road, Gwandalan NSW 2259
Checks found:
Value Risk
1
Liquidity Risk
1
Planning Risk
1
Income Risk
2
Execution Risk
1
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Market Insight
Gwandalan presents as an established coastal suburb with a stable, family-oriented market. Demand is driven by an expanding population of established households, with recent high-value sales indicating appetite for premium homes. The market demonstrates steady price growth, though low listing volumes highlight a constrained supply. Future growth is supported by demographic expansion, yet affordability pressures and limited stock present key constraints for prospective buyers.
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PropCred Estimated Value
Bedrooms
3
Bathroom
2
Parking
2
Land
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