5 Elysian Place, Wyoming NSW 2250
5 Elysian Place, Wyoming NSW 2250
Master-built coastal residence | exclusive enclave | rainforest-backed privacy | expansive single-level layout
This property presents a competitively strong proposition due to its master-built quality and refined coastal finishes within an exceptionally private, natural setting. The single-level design with high architectural finishes serves a buyer seeking low-maintenance luxury, ideally suiting a professional or downsizer prioritizing tranquility and quality over centrality. Its position at the quiet end of an exclusive street enhances its rarity and enduring appeal.
The primary risk is the valuation gap; the listed estimate sits below recent street sales, suggesting either an opportunity or an over-optimistic vendor expectation. The limited data on core metrics like land size and bathrooms requires immediate due diligence. Acquire this property through a disciplined offer anchored to the lower valuation range, then hold it as a long-term primary residence to fully capitalize on its lifestyle attributes.
Comparable sales on Elysian Place demonstrate a strong market:
– 17 Elysian Place sold for $1,415,000 in August 2024.
– 15 Elysian Place holds an estimated value of $1,577,000.
– 13 Elysian Place holds an estimated value of $1,427,000.
These comparables, all 4-bedroom homes, establish a clear value benchmark significantly above this property’s $1.02 million estimate. This disparity suggests either a compelling buying opportunity or indicates potential shortcomings in this specific property’s offering that warrant thorough investigation.
Detailed Independent Property Report prepared by PropCred Analyst team for 5 Elysian Place, Wyoming NSW 2250
Checks found:
Value Risk
Liquidity Risk
Planning Risk
Income Risk
Execution Risk
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Market Insight
Wyoming is a family-oriented suburb with strong owner-occupier appeal, characterised by a professional demographic and a high proportion of mortgaged households. Demand is driven by established families, supported by significant long-term capital growth and rising household incomes. The market demonstrates robust momentum with consistent price appreciation and rapid sales, indicating sustained buyer competition. Future growth is underpinned by these demographic and income trends, though the prevalence of mortgage commitments suggests sensitivity to interest rate changes.
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PropCred Estimated Value
Bedrooms
4
Bathroom
2
Parking
2
Land
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