6 Little Close, Run-O-Waters NSW 2580

6 Little Close, Run-O-Waters NSW 2580
Large land in quiet cul-de-sac | 2017-built four-bedroom house | Four-bathroom configuration uncommon for street | Priced mid-range of recent sales. This property presents a competitively modern offering within a low-turnover, established street, distinguished by its larger land holding and superior bathroom count relative to the typical street stock. The 2017 construction date places it as a notably newer build compared to most neighbouring homes sold in the early 2020s, reducing immediate capital expenditure risk for a buyer. Its position in a quiet cul-de-sac appeals specifically to families or buyers seeking privacy, with the Large Lot Residential zoning reinforcing a low-density character. The listing price is strategically positioned between recent high and low benchmarks, targeting buyers who value modern amenities and space over maximum parking capacity, which here is a standard two spaces. Proceed with the understanding that the premium for the extra bathrooms and newer build must be weighed against the street’s limited sales liquidity, evidenced by no sales in the past twelve months. The primary risk is paying a modernity premium in a market where recent comparable evidence is thin, potentially compressing capital growth until the next market cycle. The opportunity lies in securing a turn-key property on a large lot before broader infrastructure or development interest elevates land values in the council area. Acquire this property as a long-term family home, not a short-term trade; its configuration supports sustained occupancy, and holding through a cycle will mitigate the liquidity constraint inherent in a nine-property street. Recent sales on Little Close demonstrate a clear upward trajectory: 3 Little Close sold for $1.475m (5 bed, 2 bath) in late 2023, while 2 Little Close achieved $1.05m (4 bed, 2 bath) in late 2021. The subject propertyΒ’s $1.275 million ask sits logically within this progression, accounting for its newer build and additional bathrooms, though it lacks the extensive parking of some higher-priced comparables. This pricing is credible, neither an obvious bargain nor an overreach against the available street history.

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

WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat

Market Insight:

Run-O-Waters is a tightly held, established suburb with a mature demographic profile, primarily attracting affluent professionals and managers. Demand is underpinned by significant past population growth, though recent market conditions show a softening in capital values. Future growth may be constrained by limited turnover and a high entry price point, presenting a market suited for long-term, lifestyle-focused buyers rather than short-term investors.
WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat

PropCred Estimated Value

Bedrooms

4

Bathroom

2

Parking

2

Land

2008mΒ²

Assessments Delivered Today

WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat