16 Yeramba Place, Rydalmere NSW 2116
16 Yeramba Place, Rydalmere NSW 2116
3 beds | 803 sqm land | modern renovation | Rydalmere location
The property’s primary buying case rests on its rare combination of a substantial 803 sqm land holding with a recently modernised three-bedroom home, a configuration that is increasingly scarce in Rydalmere. The contemporary kitchen, master en-suite, and open-plan layout, supported by a rumpus room and workshop, deliver immediate liveability without the need for further capital outlay. This property best suits a buyer seeking a turnkey family home on a large block with future subdivision or dual-occupancy potential, given the land size and Parramatta LGA zoning context. The 2023 sale price and subsequent lease at $600 per week confirm strong rental demand, providing a floor for valuation.
The primary risk is the discrepancy in one source reporting five bedrooms and a smaller land area, which, while likely an error, requires verification against the title and council records to avoid any future valuation or insurance issues. The property is leased, meaning vacant possession is not immediate, and the buyer must factor in lease termination timing or purchase as an investment. The minor council tree pruning permit indicates no structural or development constraints. The opportunity lies in holding the property for land appreciation in a corridor benefiting from Parramatta’s growth, with the workshop and shed adding functional value for a tradesperson or hobbyist. Hold for medium-term capital growth or develop the rear portion when zoning permits.
Detailed Independent Property Report prepared by PropCred Analyst team for 16 Yeramba Place, Rydalmere NSW 2116
Checks found:
Value Risk
2
Liquidity Risk
1
Planning Risk
2
Income Risk
Execution Risk
1
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Market Insight
Rydalmere is a family-oriented suburb in Greater Western Sydney, blending residential and industrial areas with strong transport links. Demand is driven by families seeking detached housing, supported by stable long-term capital growth. The house market demonstrates robust performance with consistent demand, while the unit segment presents a more varied dynamic. Future growth is anchored to its strategic location near Parramatta, though the significant apartment supply warrants attention for balanced market conditions.
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PropCred Estimated Value
Bedrooms
5
Bathroom
4
Parking
2
Land
400m²
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