78 Railway Terrace Willow Vale NSW 2575

Corner block with development scope | 1391m² land in Willow Vale | Recently renovated | Bushfire overlay applies This property presents a competitively strong land position within its suburb, offering a larger-than-typical block with low building coverage that provides clear future potential. The recent renovation modernises the living space for immediate occupancy, while the corner location and land size are rare for the area, best serving a buyer seeking a long-term hold with optionality. It suits an owner-occupier wanting space or an investor with a multi-decade horizon. The primary risk is the bushfire overlay, which may impose construction costs and complicate insurance. The price reflects recent renovation premiums, demanding scrutiny of build quality. Proceed only if the land premium justifies the area’s typical yields, treating the house as a current yield-supporting improvement. Our analysis would pressure-test the valuation against true development feasibility and overlay compliance costs, providing the necessary checks on locality risks and insurability. Recent comparable sale: • 78 Railway Terrace sold in 2024 for $1,040,000. This sale, likely prior to renovation, anchors the unimproved land value and suggests the current asking price must be justified by the quality of recent works and market movement since.