9 Bainbridge Avenue, Ingleburn NSW 2565
9 Bainbridge Avenue, Ingleburn NSW 2565
Four-bedroom house on 590mΒ² | 37% building coverage | sold 2023 for $766k | current estimate $1.18m | 5G coverage.
This property presents a compelling case based on its significant equity gain since its 2023 purchase, suggesting strong underlying demand in its catchment. The configuration of four bedrooms with two bathrooms and four car spaces, coupled with a 221mΒ² building on a 590mΒ² block with only 37% coverage, offers substantial internal space and generous, usable outdoor area-a combination increasingly rare at this price point in the Sydney basin. It serves a family buyer seeking space and modern inclusions like air conditioning, floorboards, and outdoor entertainment areas, with the low building coverage representing future extension potential. Its position within the Sackville Street Public and Ingleburn High School catchments solidifies its family appeal.
The primary risk is the valuation gap; the current listing price sits approximately $68,000 above the high end of its estimated range, demanding immediate negotiation to align price with demonstrable worth. The noted variance in land size reporting and the presence of a bushfire overlay require due diligence via a conveyancer and potentially impact insurance costs. However, the recent nearby sales data provides a credible market anchor. The opportunity lies in acquiring a turnkey family home in a suburb demonstrating robust price growth, with the commercial logic of securing a property with proven capital appreciation trajectory in a 5G-connected area. Acquire at or below the estimated high range, hold for the medium term to benefit from ongoing infrastructure and suburban maturation.
Nearby sales for 4-bedroom houses within 4km over the last eight weeks show a low of $800k, a median of $990k, and a high of $1.6m. This data places the property’s current estimate of $1.18m firmly in the upper quartile, indicating it is positioned as a premium offering within its immediate locale, which must be justified by superior land size, condition, or presentation.
Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ
Market Insight:
Ingleburn is a well-connected family suburb experiencing robust demand from both homeowners and investors, driving strong price appreciation across houses and units. This demand is underpinned by significant infrastructure investment and a tight rental market, though future unit supply presents a potential headwind. Current conditions remain competitive, with sales activity rising, yet some vendor price sensitivity persists.