47 Broadwater Esp, Bilambil Heights NSW 2486

47 Broadwater Esp, Bilambil Heights NSW 2486
Elevated split-level design | 180-degree lake & mountain views | 1989 build with studio | Bushfire overlay | 613mΒ² land This property presents a competitively strong offering due to its rare combination of expansive views, flexible layout, and above-average land size for the area. The 180-degree aspect from Mount Warning to the lake is a fixed amenity that cannot be replicated, while the separate studio and split-level living create distinct zones suitable for a family seeking space or a buyer valuing work-from-home flexibility. Its 613mΒ² parcel significantly exceeds many neighbouring lots, providing a tangible land bank advantage in an established suburb. The primary decision mechanism is the bushfire overlay, which imposes ongoing compliance costs and may complicate insurance. The 1989 construction requires a diligent building inspection, particularly for the split-level structure and roof. For a buyer, the opportunity lies in acquiring a view property with inherent scarcity; the commercial logic supports a hold strategy for capital growth, leveraging the suburb’s established family demand. A prudent purchase hinges on securing a firm valuation against the listed range and commissioning specific bushfire and structural reports, which our advisory service can directly facilitate to quantify risks and true market position. Recent suburb median sales sit at $1,034,000. The most direct comparable is the neighbouring property at 45 Broadwater Esplanade, with an estimated value of $1,021,000, though it sits on a likely smaller land parcel. This suggests the subject property’s asking range seeks a premium for its larger land size and superior views, a position that requires validation against actual settled sales, not listed prices.

Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ 

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Market Insight:

Bilambil Heights presents as a tightly held, established suburb where strong house price growth contrasts sharply with a declining unit market. Demand is driven by families seeking larger homes, evidenced by consistent sales volume and rapid turnover, indicating a competitive seller’s market for houses. Future growth is underpinned by this sustained buyer interest and limited supply, though the significant divergence in performance between asset classes and broader affordability pressures present notable risks to market stability.
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PropCred Estimated Value

Bedrooms

3

Bathroom

2

Parking

-

Land

613mΒ²

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