5 Apera Avenue, Moama NSW 2731
5 Apera Avenue, Moama NSW 2731
Lakeview Estate | 4 bed family home | near playgrounds & lake | recent street sales up to $950k | five days on market
This property presents a competitively priced entry into a well-established, family-oriented enclave with direct access to community amenities and green space. Its four-bedroom, two-bathroom configuration aligns with the dominant and most valuable housing type on Apera Avenue, catering specifically to owner-occupiers seeking space and lifestyle. The listing’s initial price point sits below the most recent comparable sale, positioning it as a potential value opportunity in a street where transaction activity, while not frequent, demonstrates a clear upward trajectory in recent years for houses of this size. The brief five-day market exposure suggests immediate buyer interest, reinforcing the appeal of its package.
Your decision hinges on reconciling the evident lifestyle appeal with the incomplete data profile. The primary risk is the unknown condition, age, and specific land size of the house against the varied historical sale prices on the street, which range from land-only transactions to premium home sales. The commercial opportunity lies in securing a family home below the recent high of $950k for a similar configuration, banking on the estate’s established desirability. Proceed with a building and pest inspection to validate the price against condition, as this will determine whether it is a sound long-term hold for a family or requires capital investment to realise its value parity with the street’s top sales.
Recent sales on Apera Avenue provide critical context:
– 4 Apera Ave: $890,000 (Sep 2024)
– 14 Apera Ave: $950,000 (Feb 2023) – 4 bed, 2 bath, 2 car
– 2 Apera Ave: $750,000 (Oct 2023) – 3 bed, 2 bath, 2 car
– 1 Apera Ave: $735,000 (Nov 2020) – 4 bed, 3 bath, 2 car
– 20 Apera Ave: $585,000 (Apr 2020) – 4 bed, 2 bath, 2 car
The $950k and $890k sales set a clear benchmark for four-bedroom homes, making the listed $795k-$840k range appear strategically positioned. This pricing suggests the vendor acknowledges a condition or aspect differential, offering you a basis for negotiation if due diligence identifies any compromises.
Independent, Unbiased Research from our PropCred Analyst teamÂ
Market Insight:
Moama presents a mature, owner-occupied market with a demographic skew towards established, childless couples. Demand is driven by this demographic, reflected in a stable but varied house price performance, while the unit market has shown notably stronger recent growth. The market demonstrates solid rental yields and consistent sales volume, indicating steady investor and owner-occupier activity. Future growth may be influenced by its appeal to downsizers, though its mature demographic profile suggests a market with established patterns rather than rapid transformation.