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Location

Market Insights for Oatley NSW 2223

New Listings (last 30 days)

Average price

$2,110,000

Lowest price

$1,100,000

Highest price

$3,500,000

44 Oatley Parade Parade, Oatley NSW 2223

Contact Shirley Lau

Search Band

$2.5M - $2.75M Medium Confidence Calculated based on our search observations.

House 3 beds 2 baths 1 car

Listed: 53 days ago

Updated: 11 hours ago

Overview

This property presents an exceptional opportunity in the highly sought-after suburb of Oatley, offering a rare combination of an approved development application (DA2023/0334) and immediate rental income potential. Positioned in a quiet and established residential street, it lies within walking distance of key amenities including Oatley Public School and Oatley Train Station, which adds great convenience for families and commuters alike.

The approved subdivision gives a significant advantage for those interested in future development, providing a valuable head start on expanding or capitalising on the landholding under evolving Low Medium Residential planning controls. This flexibility offers potential for tailored future use, subject to council approval, appealing to investors, developers, and owner-occupiers with a vision for growth.

Approved subdivision with current development consent, enhancing future growth potential
Close proximity to schools, public transport, shopping precincts, and recreational riverside parks
Currently leased, providing immediate rental income while contemplating longer-term development
Located within an established and quiet neighbourhood promoting a peaceful lifestyle

This property is well-suited for families seeking stability and access to quality local infrastructure, investors looking for a steady income plus upside through approved redevelopment, or developers eager to leverage the DA to expedite plans. The combination of location, approved planning, and rental yield makes it a unique proposition in Oatley’s competitive market.

Further details regarding the development application and tenancy arrangements can be provided upon request to enable thorough assessment.

Local Market Insights

In Oatley, Quiet Listings observed 15 new houses entering the market over the last 30 days, up from 10 during the previous 30-day period, with an average advertised asking price of $2,110,000. The property type mix of listed properties is predominantly Houses at 67%, followed by apartments (13%), and duplexes (8%). The most active agency for houses in the Oatley area is currently Ray White, representing 33% of new listings, followed by PRD Nationwide with 33%. 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.