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10 Edward Street, Cardiff NSW 2285

$800,000-$880,000

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$800k - $840k Transparent Transparent Listing Based on an openly advertised listing price.

House 2 Beds 1 Bath 1 Car 606 m²

Listed: 58 days ago

Updated: yesterday

Overview

This well-established two-bedroom residence presents a unique opportunity for homeowners and developers alike. Set on an expansive 606 square metre double block in a peaceful cul-de-sac, the property offers a substantial land size approximately 20.1 metres wide by 30.175 metres deep, zoned R3 Medium Density. This zoning broadens the potential beyond a simple family home, inviting possibilities for subdivision, dual occupancy, or multi-dwelling developments, subject to council approval.

The existing home, held by the same owner for over four decades, is ready for immediate occupation, renovation to enhance value, or even replacement with a new build. Its location — just one kilometre from Cardiff town centre, the railway station, and local schools — provides the convenience of urban amenities while nestled in a quiet neighbourhood.

Proximity to regional highlights such as Glendale’s vibrant shopping and dining precinct, Lake Macquarie’s outdoor lifestyle opportunities, and easy access to Newcastle city makes this property attractive to a range of buyers. Water enthusiasts, families, and investors will appreciate the lifestyle benefits on offer, including nearby beaches, waterfront cafes, and recreational activities like kayaking and paddleboarding.

Generous double block totalling approximately 606 sqm with R3 zoning
Substantial block dimensions afford development opportunities subject to approval
Immediate living potential with scope to renovate, extend, or rebuild
Quiet cul-de-sac location close to schools, transport, and shopping
Access to regional entertainment hubs, Lake Macquarie foreshore, and Newcastle

Overall, this property offers an appealing blend of lifestyle potential and significant development scope that will interest those seeking either a welcoming home or a strategic investment in a growing area.

Local Market Insights

In Cardiff, Quiet Listings observed 23 new houses entering the market over the last 30 days, down from 26 during the previous 30-day period, with an average advertised asking price of $908,000. The property type mix of listed properties is predominantly Houses at 97%, followed by duplexes (3%). The most active agency for houses in the Cardiff area is currently Harcourts, representing 35% of new listings, followed by Raine & Horne with 13%. 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.