21 Leonard Avenue, Kingsford NSW 2032
21 Leonard Avenue, Kingsford NSW 2032
Freestanding house on 439sqm | 5 bedrooms, 2 bathrooms | 59% building coverage leaves yard | Flood overlay present | Strong owner-occupier street in Kingsford.
This property’s primary competitive strength is its land-to-building ratio: 59% coverage leaves a usable rear yard, rare for a five-bedroom house in Kingsford. The freestanding configuration on a 439sqm block positions it well against newer townhouse or apartment stock, and the street’s 80% owner-occupier profile signals stable neighbourhood demand. It best suits a family seeking space near school catchments, or a buyer who values future subdivision or extension potential given the block size and absence of heritage overlay.
The flood overlay is the material risk, likely affecting insurance costs and resale liquidity. The approved mixed-use development 550m away introduces uncertainty around local amenity and traffic, though it may lift land values over time. The auction clearance rate of 53% suggests a cautious market, so a buyer should price in a discount for flood risk. Hold for medium-term capital growth tied to Kingsford’s proximity to UNSW and the city, or renovate to improve flood resilience and appeal to owner-occupiers.
Detailed Independent Property Report prepared by PropCred Analyst team for 21 Leonard Avenue, Kingsford NSW 2032
Checks found:
Value Risk
✕
2
Liquidity Risk
✓
Planning Risk
✕
2
Income Risk
✕
2
Execution Risk
!
1
Market Insight
Kingsford is a vibrant, well-established suburb in Sydney’s eastern suburbs, characterised by a strong professional demographic. Demand is driven by young professionals and families drawn to its transport links and amenities, supporting a robust market. Recent price trends show solid capital growth for both houses and units, reflecting sustained buyer interest. Future growth is underpinned by its long-term stability and location, though its premium pricing relative to broader Sydney and a recent population decline present constraints on affordability and short-term expansion.
PropCred Estimated Value
Bedrooms
5
Bathroom
2
Parking
3
Land
439m²
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