69 Lake Entrance Road, Oak Flats NSW 2529
69 Lake Entrance Road, Oak Flats NSW 2529
Bushfire overlay a known risk | 19% site coverage limits expansion | 120-140 sqm interior below Oak Flats median | 1-car space may deter families
The bushfire overlay imposes upfront compliance costs, typically $3-5k for BAL assessment and potential $15-25k for glazing, vents, and landscaping retrofits. The 160 sqm building footprint on 860 sqm land leaves limited ground-floor extension potential without council variance. The 1-car configuration reduces buyer pool by an estimated 30% in this corridor. The property functions best for a downsizer or investor seeking land banking-hold for subdivision zoning changes, not for immediate value-add.
The 860 sqm parcel positions this competitively among Oak Flats north-side listings where blocks average 650 sqm. The single-level layout and north-east aspect through the main living wing provide above-average natural light for this price bracket. This property serves the buyer who priorities future development optionality over current interior quality-purchase and prepare a development application to unlock the 12-18% land-value arbitrage versus comparable cleared sites.
Detailed Independent Property Report prepared by PropCred Analyst team for 69 Lake Entrance Road, Oak Flats NSW 2529
Checks found:
Value Risk
1
Liquidity Risk
Planning Risk
1
Income Risk
1
Execution Risk
2
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Market Insight
Oak Flats presents as a stable coastal residential suburb with a diverse housing mix, appealing to both families and investors. Demand is supported by consistent long-term capital growth and a balanced market, with houses selling efficiently. Future appeal is anchored to its established growth trajectory and regional connectivity, though affordability considerations relative to local incomes and broader interest rate sensitivity present measured constraints to momentum.
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PropCred Estimated Value
Bedrooms
3
Bathroom
1
Parking
1
Land
860m²
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