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45 Milburn Road, Gymea NSW 2227

Forthcoming Auction

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$1.8M - $1.9M Low Confidence Calculated based on limited search observations.

House 4 Beds 2 Baths 1 Car 613 m²

Listed: 2 days ago

Updated: 7 hours ago

Overview

Set on a generously sized, near-level corner block of approximately 613.4sqm, this home occupies a highly sought-after family-friendly locale in Gymea. Its R3 zoning enhances the property's appeal by offering significant future redevelopment opportunities subject to council approval, making it a versatile prospect for a variety of buyers. Whether envisioning a full renovation, rebuilding, or capitalizing on the potential to develop, this property caters to homeowners and investors alike.

The home itself includes four spacious bedrooms, highlighted by a particularly large main bedroom complete with a generous wardrobe and private ensuite, providing a comfortable and practical retreat within the residence. The layout favors relaxed family living and entertaining, underscored by an entertainer's deck that overlooks a sizeable backyard, ideal for outdoor gatherings and leisure.

Its strategic location brings convenience to daily life, with proximity to Gymea Shopping Village, reputable schools, TAFE, and public transport options including Gymea train station. Nearby parks and cafes further contribute to a desirable lifestyle setting, ensuring both accessibility and community amenities are within easy reach.

This property represents a rare chance to secure land in a vibrant suburb with considerable upside, appealing particularly to families seeking immediate liveability paired with long-term growth potential, as well as developers and investors looking for a substantial redevelopment parcel.

Local Market Insights

In Gymea, Quiet Listings observed 10 new houses entering the market over the last 30 days, up from 5 during the previous 30-day period, with an average advertised asking price of $1,860,000. The property type mix of listed properties is predominantly Houses at 50%, followed by villas (18%), and duplexes (18%). The most active agency for houses in the Gymea area is currently McGrath Estate Agents, representing 30% of new listings, followed by MattBlak Property 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.