94 Market Street, Condell Park NSW 2200

4-bed freestanding on 613sqm | 81% auction clearance suburb | flood overlay present | 24% building coverage The property’s strongest buying case is its low building coverage of 24% on a 613sqm lot, which is rare for Condell Park and signals genuine expansion or dual-occupancy potential. The freestanding house with 4 bedrooms positions it well against the suburb’s median price of $1.515m for similar homes, and in a market where 81% of auctions clear and stock sells in 32 days, competition is real but not overheated. This property best serves a buyer seeking a long-term hold with renovation upside or a family wanting room to extend without moving. The flood overlay is the primary risk, and it will cost the buyer higher insurance premiums and limit certain ground-level improvements without council approval. The previous 3-bed configuration suggests the current layout may reflect a renovation rather than original build quality, so building and pest reports are non-negotiable. NBN and 5G coverage add convenience but are not value drivers. The commercial opportunity lies in the lot size and coverage ratio, not the current house. Hold this property as a land bank with optionality, and only renovate if you can improve the floor plan without triggering flood-related compliance costs.