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Location
Market Insights for Sutherland NSW 2232
New Listings (last 30 days)
22
Average price
$1,663,182
Lowest price
$1,200,000
Highest price
$2,800,000
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Auction, unless sold prior
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54 Spur Crescent, LOFTUS NSW 2232
54 Spur Crescent, LOFTUS NSW 2232
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89 East Parade, Sutherland NSW 2232

For Sale

Search Band
$1.2M - $1.3M Medium Confidence Calculated based on our search observations.
House 2 beds 1 bath 1 car 550 m²
Listed: 8 days ago
Updated: 2 hours ago
Overview

This property offers a compelling opportunity in a highly sought-after area of Sutherland, perfect for builders, developers, or investors interested in development potential subject to council approval (STCA). Its tightly held status underscores its rarity and appeal for redevelopment ambitions.

Set on an approximately 550sqm near-level block with dual frontage to East Parade and Linden Street, the site benefits from a desirable R4 High Density Residential zoning, allowing considerable development flexibility. The property's corner positioning maximizes potential design options and accessibility.

Its location, just about 315 meters from Sutherland Station, offers excellent connectivity, making it convenient for commuting and encouraging public transport use. Moreover, proximity to local schools, shopping facilities, and various transport options contributes to the site's overall convenience and desirability, easing lifestyle demands for future occupants or tenants.

While the current home contains two bedrooms, a bathroom, and parking space, its true value lies in its development promise and upside potential in a premium pocket of Sutherland. This makes it especially attractive for those targeting a strategic investment or development project in a well-located and established suburb.

Local Market Insights

In Sutherland, Quiet Listings observed 22 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 $1,663,182. The property type mix of listed properties is predominantly Houses at 51%, followed by apartments (22%), and townhouses (7%). The most active agency for houses in the Sutherland area is currently Highland, representing 27% of new listings, followed by Ray White with 27%. 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.