21 Darcy Cres, Goulburn NSW 2580

Rare 657m² block in Goulburn | 203m² building envelope for extension | Suburb median growth 7.8% | Strong entry price for renovation The property’s primary competitive advantage is its 657m² lot with only 31% site coverage, giving a buyer rare scope to extend or reconfigure without land constraints. The 203m² building footprint, combined with a functional existing floorplan and undercover verandah, positions this house as a strong candidate for a value-add renovation in a suburb where the 3-bedroom median sits at $625,000. The 4.9 energy score and 5G coverage add practical appeal for owner-occupiers seeking long-term holding costs, while the rental yield potential of 3.8-3.9% makes it viable for an investor targeting moderate cash flow in a market with 8.4% annual growth. This property best suits a buyer who can commit to cosmetic or structural upgrades and hold for 3-5 years. The key risk is the property’s dated condition, which may require immediate capital outlay for kitchen, bathroom, or structural updates before it competes with modern stock. The single bathroom and one living area limit appeal to families or tenants, and the 2014 purchase price of $210,000 suggests the current $535,000 listing reflects significant land appreciation rather than building value. However, the absence of bushfire or heritage overlays reduces regulatory friction, and the NBN FTTP connection supports remote work demand. A buyer should treat this as a land-heavy proposition: renovate to the $600,000-$650,000 range, then either hold for rental income or sell into a tightening market.