41 Kilpatrick Street, Kooringal NSW 2650

41 Kilpatrick Street, Kooringal NSW 2650
3-bedroom house on 657sqm | 41% site coverage | Solar, gas, alarm | Kooringal high-demand suburb | No overlays, strong school catchment This property presents a rare combination of immediate liveability and latent value in a tightly held Kooringal pocket. The low 41% site coverage on a 657sqm lot signals significant future extension or subdivision potential, while existing solar, gas heating, and air conditioning reduce holding costs for an owner-occupier or investor. Its position within walking distance of Sturt Public School and under a kilometre from Kooringal High School targets the family buyer segment that dominates local demand, where 62% of suburb properties are owner-occupied. The 4.5% rental yield at current estimates is viable, and the absence of bushfire, flood, or heritage overlays removes costly compliance risks. The primary risk is the listing price sitting above the mid-range estimate, which may require patience or negotiation given the propertyโ€™s 2020 unsold history and the suburbโ€™s 0% auction clearance rate this year. However, the 271sqm building footprint and 6m roof height offer cost-effective scope for a second storey or rear studio, adding rental income or resale value without a full knockdown. The reliable NBN and 5G coverage support remote work appeal. Hold this property for medium-term capital growth driven by school demand and land scarcity, or improve and refinance within three years to extract equity.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 41 Kilpatrick Street, Kooringal NSW 2650
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Market Insight:

Kooringal presents as an active, family-oriented suburb with a strong rental market, driven by its high proportion of young residents and singles. Demand is underpinned by investors and renters, evidenced by solid rental yields and brisk sales volumes, with houses and units both seeing competitive market conditions and short selling periods. Recent price trends indicate notable growth across both housing types. Future momentum is supported by this sustained transactional activity, though the market’s reliance on a significant renter base and varied price points suggests sensitivity to broader affordability pressures.
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PropCred Estimated Value

Bedrooms

3

Bathroom

1

Parking

1

Land

658mยฒ

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