24 Gould Street, Narrabri NSW 2390

24 Gould Street, Narrabri NSW 2390
Spacious family home on a large block | Strong owner-occupier street | Flood overlay present | Well-priced for Narrabriโ€™s mid-range This property offers rare space on a 1,789mยฒ lot with only 8% building coverage, giving a buyer immediate scope for expansion, a workshop, or outdoor living. The ducted cooling and heating, solar system, and fully fenced block reduce ongoing costs and appeal to families seeking long-term comfort. With 95% owner-occupancy on the street and a high confidence rental estimate of $630 per week, this house suits either a family buyer wanting room to grow or an investor targeting stable, low-turnover tenancy in a suburb where 4-bedroom houses command a premium over the median. The detected flood overlay is the primary risk, likely narrowing buyer interest and requiring due diligence on insurance and resale timing. However, the propertyโ€™s price sits near the top of the local median range, and with average days on market at 92, a patient buyer may negotiate. The absence of bushfire or heritage constraints simplifies planning. For a buyer, this is a hold-and-improve property: use the large block to add value through landscaping or a secondary structure, or rent it out for a 5% yield while land appreciates in a tightly held street.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 24 Gould Street, Narrabri NSW 2390
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Market Insight:

Narrabri is a regional centre with a stable housing market, driven by demand for residential and larger lots, evidenced by recent high-value sales. Current conditions show a slight price recalibration for houses, with a solid rental yield underpinning investment appeal. The market’s future is supported by significant infrastructure projects like Inland Rail, though growth is tempered by limited unit supply and typical regional market cyclicality.
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PropCred Estimated Value

Bedrooms

4

Bathroom

2

Parking

3

Land

1789mยฒ

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