9 Elanora Parade, Basin View NSW 2540

| 4-bed house | 550sqm land | sold in days | low bushfire risk | owner-occupied street | This house represents a calculated opportunity in a quiet market but the buyer should weigh the compressed sale timeline against the area’s demographic reality. Basin View shows only 11 sales this year for four-bedroom houses with an average 77 days on market yet this property sold in roughly ten days suggesting either rare buyer urgency or strategic pricing. The 2023 purchase at $870,000 and the 2026 sale near the top of the guide range signals a 20% gain in under three years but that pace is unlikely to repeat in a suburb with 82% of residents over sixty and zero auction clearance. The practical use case supports holding for steady rental income at $680 per week rather than flipping. What sets this house apart is the land-to-floor ratio with over 550 square meters on a quiet street where nine in ten residents own their home. For a buyer seeking a four-bedroom property with garage parking and no flood or bushfire overlay this combination is rare in the current market. The floor area of 138 square meters is workable for a family or downsizers and the proximity to St Georges Basin Public School adds convenience. This house suits a buyer who prioritises low-risk holding with rent-cover potential over speculative growth and the next step is to run your own cash flow projection against the $680 per week rental estimate to test your yield target. The comparable sales data shows the October 2023 sale at $870,000 and the earlier 2001 transaction at $105,000. This indicates a property that has kept pace with the broader market but the recent sale suggests the buyer paid near the ceiling of the guide range which may cap immediate equity uplift.