5/12 Johnston Avenue, Lurnea NSW 2170
5/12 Johnston Avenue, Lurnea NSW 2170
Townhouse in quiet complex | 3 beds, huge backyard | Rare for its type | Family-oriented suburb with strong demand
This townhouse offers a rare configuration advantage: a fully fenced 296m² backyard attached to a three-bedroom townhouse in a seven-property complex. For buyers seeking a detached-feel home without buying a house, this is competitively strong. The northerly aspect, recent refresh, and internal-access garage add practical appeal. It serves first-home buyers and families wanting space and school proximity without a full house price.
The main risk is the single bathroom, which narrows buyer appeal for families with older children or investors targeting sharers. The annual strata cost of $6,981 is moderate but must be factored into holding costs. Opportunity lies in the vacant possession and low days on market trend in Lurnea, suggesting a motivated seller. The property should be held as a long-term family home, where the backyard and quiet complex will retain demand.
Detailed Independent Property Report prepared by PropCred Analyst team for 5/12 Johnston Avenue, Lurnea NSW 2170
Checks found:
Value Risk
1
Liquidity Risk
2
Planning Risk
1
Income Risk
1
Execution Risk
2
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Market Insight
Lurnea is a well-established residential suburb demonstrating consistent long-term growth, currently positioned at fair value with stable fundamentals. Demand is supported by its established character and access to amenities, creating a healthy market where prices are expected to hold or increase marginally. Recent conditions show strong price growth across both houses and units, with a notably active sales market. Future performance is underpinned by sustainable demand against supply, with the key constraint being the limited availability of properties for sale.
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PropCred Estimated Value
Bedrooms
3
Bathroom
1
Parking
1
Land
296m²
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