5 Konda Place, Turramurra NSW 2074
5 Konda Place, Turramurra NSW 2074
Renovated freestanding house | quiet cul-de-sac | Turramurra family catchment | 5-bedroom internal space | 999sqm block | owner-occupied street character
The property offers a rare combination of a fully renovated five-bedroom house on a near-1000sqm block in a quiet cul-de-sac, within a street where 90% of residents are owner-occupiers. This configuration reduces turnover risk and supports long-term value stability. The internal floor area of 254sqm is generous for a family home, and the school catchment for Turramurra Public and High Schools adds structural demand from buyers with children. For a buyer seeking a move-in-ready house with space and a strong location, this property positions well against comparable listings in the area.
The main risk is the lack of recent comparable sales on Konda Place itself, which makes precise valuation more dependent on broader suburb trends. The property last transacted in 2007, so there is no recent price anchor. The auction format on 30 May means the buyer must be prepared to compete, and the estimated value range of $2.36mโ$3.08m indicates potential for a wide outcome. The opportunity lies in securing a fully renovated house on a large block in a low-turnover street, which typically holds value better in softer markets. Hold for family occupation or as a long-term base; the configuration does not favour subdivision or dual occupancy without council approval.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 5 Konda Place, Turramurra NSW 2074
Market Insight:
Turramurra is a premium, family-centric suburb characterised by strong long-term capital growth for houses, though the unit market has recently softened. Demand is driven by established professionals seeking family homes, reflected in high owner-occupancy. The housing market demonstrates resilience with steady sales volume, while units present a higher yield opportunity amid current price adjustments. Future growth is underpinned by its established demographic profile, though the divergence between house and unit performance warrants close attention.