REGISTERED LAND WITH 15 METER FRONTAGE

This property at 309 Commercial Road, Oakville, NSW 2765 is listed as vacant land with a 15-meter frontage. The listed price of '$15' is clearly a placeholder or data entry error, as are some of the comparable property prices. Given it is vacant land, there is no immediate rental income potential, hence the 0 rental yield score and estimated weekly rent. The 'undervalued' score is difficult to assess accurately without a realistic purchase price, but assuming the actual market value for a 15m frontage block in Oakville is significantly higher than $15, it's impossible to determine if it's undervalued. The 'flip potential' score is moderate (50) as vacant land in a growing area like Oakville always holds development potential. A buyer could construct a dwelling for resale or hold for capital appreciation. However, this depends entirely on the actual purchase price, zoning, and development costs. The comparable data provided is highly inconsistent, with prices ranging from $15 to over $432 million for vacant land, making it impossible to derive a reliable market position assessment or an accurate estimated market value for this specific block. Without a realistic purchase price, any yield calculation is meaningless. The key investment strength is the potential for capital growth in the Sydney fringe land market, but this is highly speculative without knowing the true cost. The primary risk is the unknown true market value and the significant capital outlay required for development. My recommendation is to disregard this listing until a realistic price is provided and to conduct thorough due diligence on zoning, development costs, and comparable sales for vacant land in Oakville. The confidence level in these estimates is extremely low due to the erroneous pricing data.