Overview
Situated in a convenient and well-connected pocket of Koondoola, this property represents a rare opportunity for buyers prioritizing future development potential. The sizeable 688 square meter block provides ample scope for those considering investment, renovation, or new-build projects, appealing especially to developers or first home buyers with a forward-looking mindset.
Proximity to a variety of community amenities enhances the property's appeal. Close access to multiple parks encourages an active outdoor lifestyle, while nearby public transport links facilitate easy commuting. Families and professionals alike will appreciate the convenience of childcare centers and schools, including a mix of government and private institutions. Local shopping amenities further support day-to-day needs, creating a balanced and practical living environment.
This property delivers a pragmatic foundation for buyers seeking not only a home but also a foothold in a promising location with latent potential. While the existing structure offers basic accommodation with three bedrooms, one bathroom, and a single carport, its true value lies in the possibilities afforded by its location and land size. Overall, it represents a sound choice for those keen to capitalize on upcoming growth or establish a residence in a well-serviced suburb.
Local Market Insights
In Koondoola, Quiet Listings observed 30 new houses entering the market over the last 30 days, up from 21 during the previous 30-day period, with an average advertised asking price of $856,700. The property type mix of listed properties is predominantly Houses at 79%, followed by duplexes (8%), and units (5%). The most active agency for houses in the Koondoola area is currently Jef Baker, representing 23% of new listings, followed by The Agency with 20%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.