288 Howick Street, Bathurst NSW 2795

Central Bathurst location | 800-900m² block | 1950s brick home with renovation upside | Low vacancy rental demand The property’s competitive advantage lies in its large standard block on a main residential-commercial thoroughfare, within walking distance to Bathurst’s CBD, schools, and hospital. For a buyer, this configuration offers immediate liveability with a solid 1950s brick structure, plus clear renovation upside to capture the 15-20% street premium seen on similar updated homes. It is best suited to an owner-occupier seeking a central family base with scope to add value, or an investor targeting the low 2% vacancy market driven by university and FIFO worker demand. The primary risk is the single bathroom and unrenovated interior, which limits rental yield to 4.2-4.8% and may narrow the buyer pool until upgraded. Flood risk is low-moderate but should be confirmed via council maps. The opportunity cost of not renovating is a forgone capital gain of 10-15% over three years, given planned highway duplication and hospital expansion. Hold as a long-term family home or renovate for sale or rent within 18 months to maximise the growth corridor.