20 Chifley Cres, Kooringal NSW 2650
20 Chifley Cres, Kooringal NSW 2650
3-bed house, 639m² block, 260m² building, high site coverage | School catchments within walking distance | No overlays, flat land, evaporative cooling | Owner-occupied street, strong local market.
This property offers a rare configuration advantage: a 260m² building on a 639m² block, giving 41% site coverage, which is unusually high for a standard residential lot. For a buyer, this means substantial internal space without the maintenance of a large yard, suited to families wanting room or investors seeking high rental yield per square metre. The location within walking distance to both primary and high schools, on a street with 85% owner-occupancy, supports stable demand and low turnover risk. The absence of bushfire, flood, or heritage overlays simplifies due diligence and future development potential. This house is best positioned for a family seeking long-term occupancy or a buyer wanting a low-risk, high-utility property in a liquid market.
The primary risk is the current listing price, which sits below the suburb median for three-bedroom houses, suggesting either a motivated seller or a property requiring cosmetic update. The evaporative cooling and floorboards are functional but not premium, and the 6m roof height limits loft conversion potential. However, the 260m² building size provides a floor area that can be reconfigured for dual living or a home office, adding value without extension costs. The buyer should hold this property for at least five years to capture school-driven demand and avoid selling into a market where median days on market is 25, indicating quick turnover but no premium for speed.
Detailed Independent Property Report prepared by PropCred Analyst team for 20 Chifley Cres, Kooringal NSW 2650
Checks found:
Value Risk
Liquidity Risk
Planning Risk
1
Income Risk
1
Execution Risk
1
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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
2
Land
639m²
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