88-90 Cockatiel Circuit, Green Valley NSW 2168

5-bed family home | 327m² subdividable lot | DA for dual dwellings | strong school catchments | high-speed connectivity This property presents a rare dual-opportunity as a substantial family home on a lot with immediate development potential. Its five-bedroom, three-bathroom configuration is significantly larger than the typical three-bedroom stock in Green Valley, catering specifically to upsizing families seeking space and established school catchments. The lodged application for demolition and subdivision into two dwellings provides a tangible value-add path not commonly available in this market, positioning it for both owner-occupiers and strategic investors. Proceed with the understanding that its value is contingent on council approval for subdivision, representing both its primary opportunity and its core risk. The recent purchase history suggests a rapid valuation increase, demanding due diligence on construction costs and feasibility. For a buyer, the logical play is to secure the property with a subject-to-approval clause, then execute the subdivision to realise the land’s latent value or hold as a large family home in a supply-constrained segment. Recent comparable sales data indicates 26 three-bedroom houses sold within a 4km radius, underscoring consistent demand in the area. The property itself last sold for $1,080,000 in October 2023, implying a substantial perceived increase in value, likely linked to its expanded configuration and development potential. This activity supports the pricing premium for larger, versatile lots in this location.