Overview
Situated on a sizeable 765.1sqm parcel with a coveted north-facing rear aspect, this original three-bedroom residence offers a prime opportunity to create a bespoke family sanctuary through renovation, extension, or complete rebuild, subject to council approval. The property's notable strengths lie in its substantial land size and sunlit, level backyard, making it an ideal canvas for outdoor family activities or future development aspirations.
The location enhances its appeal, positioned in Loftus—a suburb valued for its excellent educational institutions, accessible train transport, and proximity to natural bushland, walking tracks, and mountain biking trails. These factors combine to provide a balanced lifestyle blending convenience with outdoor recreation.
Key attributes of this property include:
- A generous, level 765.1sqm land footprint offering expansive outdoor potential.
- A desirable north-facing rear yard, ensuring ample natural light and warmth.
- Opportunity to renovate, extend, or rebuild, allowing for personalization to suit varying family needs.
- Expansive backyard space that maximizes sunlight exposure, perfect for families or outdoor entertainers.
- Positioned within the sought-after Loftus locale, known for its community amenities and lifestyle advantages.
This property will particularly attract families seeking a substantial parcel to grow within a community-oriented setting, as well as investors or developers interested in capitalizing on the land and location advantages to realize their vision.
Additionally, water and council rates are approximately $216.53 and $495.20 per quarter respectively, reflecting the property's scale and cadastral standing.
Local Market Insights
In Loftus, Quiet Listings observed 19 new houses entering the market over the last 30 days, down from 20 during the previous 30-day period, with an average advertised asking price of $1,636,842. The property type mix of listed properties is predominantly Houses at 51%, followed by apartments (22%), and units (8%). The most active agency for houses in the Loftus area is currently Highland, representing 32% of new listings, followed by Ray White with 21%. 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.