51 Murdoch Street, Turramurra NSW 2074

4 bed | 2 bath | ~1,228sqm land | wide 20m frontage | original condition | cul-de-sac What is competitively strong here is the land itself. A 1,228sqm block with 20 metres of frontage in a quiet cul-de-sac is genuinely rare for Turramurra, and it positions this house as a land-led opportunity rather than a dwelling-driven one. The original condition means the price is being set by the site, not the finishes, which suits buyers looking to renovate, rebuild, or hold for long-term land banking. The property serves best those who value space, privacy, and the ability to shape a home to their own standard, rather than paying a premium for someone elses renovation. What may materially affect value is the cost and complexity of bringing an original dwelling up to modern expectations. A full renovation or knockdown-rebuild requires significant capital, and the final return will depend on how well the new home matches the street’s prestige. The lack of recent comparable sales in the immediate area means pricing relies heavily on the block’s intrinsic qualities, so buyers should weigh the land’s potential against the likely budget for construction. The sale at $3.8 million in 2024 provides a recent anchor, but the property’s ultimate value will be determined by what a buyer intends to do with it.