House

Burraddar Ave, Engadine NSW

Located in Engadine, this established residential property offered an opportunity to invest in a tightly held suburb within Sydney’s Sutherland Shire.

purchase Price
$870,000
Purchase Date
October 2019
Sale type
Tender
Client Type
Residential Owner Occupier
Deposit
$174,000
Beds, Baths, Cars
3, 1 & 1
$590,000
Equity Increase
68%
Total Capital Growth
0.57%
Monthly Capital Growth
6.80%
Annual Capital Growth

Why This Property

Set on a 601sqm block, the property features three bedrooms, a central bathroom, multiple parking options and a flexible downstairs area incorporating an office, laundry and additional storage. The renovated kitchen, ducted air conditioning and covered outdoor entertaining area add to the home's functionality, while the backyard provides space for families and outdoor living. Engadine’s established amenities, local rail connections and access to surrounding employment hubs contribute to its appeal as a residential investment location. With its substantial land component and family-friendly layout, the property presents an opportunity to consider both rental income and long-term capital growth within an established Sydney market.

About Engadine

Engadine, located in New South Wales, Australia, is a suburb nestled between the Royal National Park and Heathcote National Park, offering a lush, natural environment. The area is characterised by its bushland setting, providing residents with ample opportunities for outdoor activities such as hiking and birdwatching. Engadine's real estate market presents a promising investment opportunity, with its family-friendly atmosphere and proximity to Sydney making it an attractive option for homebuyers and investors alike. The suburb's growing infrastructure, including schools, shopping centres, and transport links, further enhances its appeal as a desirable location for both living and investment.

Ryan May

Buyers Agent

Ryan May is a highly accomplished and experienced property investor and Buyers Agent, with a personal portfolio valued at over $5.5 million, spanning across 5 different states throughout Australia.

"Opal Property Advisory did a really good job at backing it up with research every time."

Nicky
Sydney Buyer

"I would recommend Opal to friends, family or anyone who just wants to get into the market."

Hayden
Sydney Buyer

"I feel so much more educated about the entire process. Learned so much about dealings with all of these various stakeholders."

Hugh
Sydney Buyer

"They were there to bridge the gap between me, and the people I was working with."

Hamish Le Compte
Sydney Buyer
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