106 Henry Street, Werris Creek NSW 2341
106 Henry Street, Werris Creek NSW 2341
Functional four-bedder on a generous elevated block | scope to add value in a stable regional market | suits first-home buyers, renovators, or investors seeking yield.
The property presents a rare combination of a solid 1930s build on a large 1,012–1,034 sqm elevated block, offering immediate liveability with clear scope for enhancement. The four-bedroom layout on a single bathroom configuration is functional but not premium, which positions it well for buyers seeking a foothold in Werris Creek’s lower-to-mid price bracket. The estimated rental yield around 6.47% signals strong investor appeal, while the land size—generous for the area—provides room for shedding, gardens, or future improvements subject to council approvals. This house serves best those who can tolerate an older floorplan in exchange for land and location upside.
The primary risk lies in the property’s age and condition: a 1930s build with one bathroom may require significant updating, and the 2011 sale price of $165,000 suggests limited recent capital growth. The elevated site could present drainage or access constraints, and the regional location—45 km from Tamworth—limits buyer pool depth. Opportunity centres on the land value and renovation potential; a well-executed update could lift the property into a higher bracket, while the strong rental estimate suggests it can hold its own as a holding investment. Buyers should verify council approvals for any additions and budget for structural checks before committing.
Detailed Independent Property Report prepared by PropCred Analyst team for 106 Henry Street, Werris Creek NSW 2341
Checks found:
Value Risk
1
Liquidity Risk
2
Planning Risk
2
Income Risk
2
Execution Risk
2
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Market Insight
Werris Creek presents as an affordable regional hub, with its market driven by local families and long-term residents, evidenced by high home ownership and family household composition. Recent price growth has been strong, supported by tight rental vacancy and steady sales activity, indicating robust local demand. Future growth is underpinned by this fundamental demand and relative affordability, though the market faces constraints from limited stock availability and potential sensitivity to broader economic shifts affecting its investor appeal.
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PropCred Estimated Value
Bedrooms
4
Bathroom
1
Parking
-
Land
1034m²
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