5 Murrogun Place, Wollongbar NSW 2477

5 Murrogun Place, Wollongbar NSW 2477
Bushfire overlay present | Elevated block with 158m ground height | 44% site coverage | Quiet cul-de-sac position The bushfire overlay introduces a measurable constraint, likely raising insurance premiums and limiting future development options without costly mitigation upgrades, which can reduce long-term liquidity and narrow the buyer pool. The elevated block and 44% site coverage offer rare built-in privacy and structural separation from neighbours, lowering noise risk and improving passive solar orientation. This property works best as a hold for a family seeking low-maintenance living in a stable pocket where supply of elevated cul-de-sac blocks is structurally limited. The competitive edge lies in the fully fenced flat sunny yard and separate rumpus room, which are scarce in this price band and deliver immediate functional value for a family with children or home-office needs. The catchment for Wollongbar Public School and Alstonville High School anchors buyer demand from education-focused households, reinforcing price resilience without requiring renovation. This serves the owner-occupier buyer who prioritises space and amenity over future subdivision gain. No comparable sales data is available in the provided information to establish a value inference for this property, which limits direct benchmarking but does not detract from the unique positioning of the block and design. The rare elevation and site coverage combination should be verified through a building inspection before proceeding, as they underpin the property’s insulation from typical coastal flood and noise risk.

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

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Market Insight:

Wollongbar is positioned as an accessible family-focused suburb inland from the coast, with a stable demographic of professionals and established homeowners. Demand is primarily driven by families attracted to local schools and parks, alongside downsizers and first-home buyers drawn to its apartment segment. The housing market has recently softened, with prices experiencing a notable correction and extended selling periods. While historical performance shows long-term resilience, the immediate outlook is tempered by this recent price sensitivity, though underlying demand from family buyers provides a fundamental support.
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PropCred Estimated Value

Bedrooms

4

Bathroom

2

Parking

2

Land

579mยฒ

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