8 Riatta Street, Erina NSW 2250
8 Riatta Street, Erina NSW 2250
Single-level acreage | quiet cul-de-sac | 1.24 acres | 7% building coverage | solar and pool
This property offers a rare combination of single-level living on a substantial 1.24-acre parcel within a tightly-held acreage enclave, where the 7% building coverage leaves the majority of the land as private outdoor space. The 336m² floorplan with four bedrooms and two bathrooms suits families seeking separation and room to spread, while the solar panels and swimming pool add functional lifestyle value without requiring immediate capital outlay. Its positioning near Erina Fair and within catchment for Woodport Public School and Erina High School strengthens its appeal for buyers prioritising convenience alongside space.
The bushfire vegetation buffer and category 1 overlay, along with probable maximum flood designation, represent the primary risks here, potentially affecting insurance premiums and limiting some development options. However, these overlays are not uncommon for acreage properties in the area and do not appear to have constrained the current configuration. The NBN Fibre to the Node and 5G coverage support modern working-from-home needs, though fibre upgrades remain a possibility. For a buyer seeking a low-maintenance acreage holding with established amenities and strong privacy, this property presents a defensible position in a market where such land parcels are increasingly scarce.
Detailed Independent Property Report prepared by PropCred Analyst team for 8 Riatta Street, Erina NSW 2250
Checks found:
Value Risk
2
Liquidity Risk
2
Planning Risk
Income Risk
1
Execution Risk
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Market Insight
Erina presents a compelling, active market currently positioned below its long-term trend, suggesting undervalued territory. Demand is driven by downsizers seeking low-maintenance living and investors attracted to the established rental market. Recent price trends for houses show mixed signals, while unit prices have softened, indicating a period of adjustment. Future growth is underpinned by its commercial activity and transport links, though the market exhibits moderate sensitivity without exceptional momentum.
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PropCred Estimated Value
Bedrooms
4
Bathroom
2
Parking
2
Land
1.24 acres
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