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Address

1a Trevalsa Place, Burraneer, NSW 2230

Investment Strategy

Renovator

Development Timeline

01/04/2023
Property Purchased
$3,801,000
19/03/2024
Property Sold
$6,500,000
See what it looks like today

Rental Insights

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Source: stashproperty.com.au

Development Stats

2024

Year of Development

353

days held

2.7

Gross Profit

About the Property

1A Trevalsa Place, Burraneer, NSW 2230, has a land size of 949 m2. It is a house with 4 bedrooms, 2 bathrooms, and 2 parking spaces.

Presenting a rare degree of serenity surrounded by landscaped gardens and promising a family lifestyle, this home is situated in an exclusive, quiet, family-friendly cul-de-sac. Boasting generous indoor and outdoor living spaces, this true estate-like residence sits on a 949-square-metre blue ribbon parcel with a north-facing aspect that captures natural light throughout all seasons.

Beautifully appointed interiors flow seamlessly to outdoor entertaining area
Alfresco with kitchen, solar-heated pool, fire pit, automated awning and level lawn
Formal and informal living areas with gas fireplace and grand entrance
Entertainers kitchen with stone benchtops, Ilve gas oven and ample storage
Versatile floorplan with five bedrooms plus office, main with ensuite and WIR
Ducted reverse cycle air-conditioning and split system throughout
double garage with internal shed and automated security entry gates

Approximate Quarterly Outgoings:
Water Rates: $160.18 | Council Rates: $775.93

From the Realestate.com.au listing

Source: stashproperty.com.au

About the Suburb

Burraneer is a family-friendly suburb with a population of around 3,700 residents. The majority of residents are aged between 5 to 64 years, indicating a mix of families and working professionals. The median household income is above average, reflecting a relatively affluent community. Common occupations include managers, professionals, and technicians/tradeworkers. The suburb offers various commuting options with a significant portion of residents working from home.

Burraneer presents opportunities for property investors seeking higher-end properties. The suburb’s median house price is relatively high, with a wide range of property prices offering options for different budget brackets. The high sale price IQR ratio suggests the presence of renovation opportunities for investors. The market absorption rate is relatively high at 33.3%, indicating strong demand and potential for capital growth. Rental yields are moderate, appealing to investors looking for steady rental income.

Burraneer, with its affluent demographics and family-friendly environment, is an attractive suburb for both homebuyers and property investors. The suburb offers a range of property options and strong demand in the real estate market. With good potential for capital growth and rental returns, Burraneer is a suburb worth considering for those looking to reside in a prestigious area or expand their property investment portfolio.

Sources:
– proptechdata.com.au
– Australian Bureau of Statistics (ABS) Census 2021
– Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022

Suburb Median
Vacancy Rate
Sales Volume

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