64 St Georges Road, St Georges Basin NSW 2540
64 St Georges Road, St Georges Basin NSW 2540
Large 1970s house on 778sqm near water | Rare internal space at 259sqm | Three-to-four bedroom flexibility | Relisted with guide below recent valuations.
This property offers an unusual combination of generous internal area and a sizable block in a coastal pocket where such configurations are scarce. The 259 square metres of building area provides genuine scope for multi-generational living or home office separation, while the fully fenced yard and split system air conditioning reduce immediate post-purchase outlay. The discrepancy between the current sale guide and independent valuations suggests a potential negotiating window for a buyer who can move decisively. It serves best as a long-term family home or a dual-purpose holding with future subdivision potential, given the residential zoning and absence of overlay constraints.
The primary risk is the property’s extended time on market and inconsistent listing history, which may indicate either pricing resistance or condition issues not captured in the data. The gap between the $850,000 guide and the $1.02 million Domain estimate creates ambiguity that a buyer must resolve through independent building and pest inspection. The opportunity lies in the FTTP connectivity and the property’s proximity to the St Georges Basin shoreline, which supports steady demand from boating and fishing households. Hold this property as a core family residence with an eye on long-term capital growth from the land component.
Detailed Independent Property Report prepared by PropCred Analyst team for 64 St Georges Road, St Georges Basin NSW 2540
Checks found:
Value Risk
2
Liquidity Risk
2
Planning Risk
Income Risk
2
Execution Risk
1
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Market Insight
This established suburb, anchored by a mature demographic, presents a stable market with nuanced dynamics. Demand is primarily driven by local owner-occupiers, reflecting its settled community character. Recent conditions show a divergence, with house prices experiencing modest softening while the unit segment has demonstrated notable resilience and growth. Future performance will be influenced by the limited turnover of available stock and the suburb’s appeal to downsizers, though its established nature may temper the pace of capital appreciation.
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PropCred Estimated Value
Bedrooms
3
Bathroom
2
Parking
1
Land
781m²
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