$815,000

This property is vacant land in Leppington, NSW, listed at $815,000. Given it is vacant land, direct rental income is not applicable, hence the estimated weekly rent and annual yield are 0, and the rental yield score is 0. The primary investment potential lies in capital appreciation through development or resale. Comparing it to the provided comparable sales, the listing price of $815,000 sits above the median comparable price of $785,000 but below the average of $873,648. There are three comparable sales around the $755,000-$785,000 mark and one significantly higher at $1,199,590. This suggests the current asking price is slightly above the lower end of the market but potentially competitive depending on the specific block's size, zoning, and development potential compared to the higher-priced comparable. Therefore, the Undervalued Score is moderate at 65, indicating it's not significantly undervalued but could offer fair value depending on its specific attributes. The Flip Potential Score is 75, reflecting Leppington's strong growth corridor status in South-West Sydney. Vacant land in this area has high demand for residential development, offering significant potential for profit through building and selling, or holding for future rezoning/development. Key investment strengths include its location in a rapidly developing growth area with ongoing infrastructure projects, and the inherent flexibility of vacant land for various development options (subject to council approval). The main risk is the upfront cost of development and the time required for approvals and construction, along with market fluctuations during the development period. The primary recommendation is to conduct thorough due diligence on zoning, potential development costs, and comparable developed land values to ascertain the true profit margin. This analysis is an AI-generated estimate for informational purposes only, and specific development costs and market conditions can vary. The confidence level for rental estimates is high as it's vacant land (zero rent), and moderate for valuation and flip potential due to reliance on comparable vacant land sales which can vary significantly based on specific block characteristics.