5 Ingram Road, Wahroonga NSW 2076

R3 zoning | 32% site cover | 8m roof height | age unknown The property’s R3 medium density zoning introduces optionality but the 32% site coverage constraint and 8m roof height limit scale upside without rezoning or subdivision consent. A buyer paying near the upper valuation range effectively capitalises this potential now while the current single dwelling rental income at $1050pw produces a gross yield of roughly 2.5%—below suburb median of 2.3%—meaning the investment case depends on future zoning outcomes not current income. A prudent approach holds for medium-term development pathway or occupies as a solid full brick home on level land with no overlay risks. What is competitively strong here is the rare combination of level land, no bushfire or flood constraints, and R3 zoning in Wahroonga where 73% of sales clear at auction. The 582m² lot with existing solar panels and a functional 186m² building suits a buyer who values physical condition and regulatory simplicity over cosmetic appeal. This property serves best someone looking for a low-risk land bank with reliable rental cover or a family wanting a sound house in a school catchment with 70% long-term resident street stability. For next steps, verify recent comparable sales within 400m on similar R3-zoned lots to ground your bid range—the stated value spread of $1.36m to $2.175m is unusually wide and market growth in the suburb has been negative 11.2% over the past year.