10/3 Turner Place, Casula NSW 2170
10/3 Turner Place, Casula NSW 2170
Turner Place cul-de-sac | 3-bedroom townhouse format | dual parking | strong Casula demand | no flood or bushfire overlay
This townhouse in a small residential complex offers a rare combination of a quiet cul-de-sac position with a practical three-bedroom, two-bathroom, two-car configuration that is consistently in short supply for both families and investors in Casula. The absence of flood or bushfire overlays reduces long-term holding risk, while the 155-square-metre building size on shared land provides a low-maintenance footprint. The property sits within the catchment for Casula Public School and Casula High School, which supports steady tenant demand and buyer interest from local families. The estimated value range of $901,000 to $937,000 with a potential rental income of $705 per week suggests a gross yield near 3.9 percent, which is reasonable for a townhouse in this Liverpool LGA corridor.
The primary risk is the minor inconsistency in source classificationโone source labels it an apartmentโwhich may cause valuation hesitation from conservative lenders or buyers, potentially narrowing the resale pool. However, the 2016 purchase price of $580,000 and subsequent growth to current estimates indicate strong capital appreciation, and the townhouse format with two garage spaces is a genuine differentiator in a market where off-street parking is valued. The buyer should treat this as a hold-and-lease proposition, not a quick flip, given the established complex and steady rental demand in Casula.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 10/3 Turner Place, Casula NSW 2170
Market Insight:
Casula is a well-established family suburb, with demand anchored by its high proportion of young families and working professionals. This demographic drives a robust market for houses, evidenced by strong recent price momentum and consistent sales activity. Future growth is supported by its established infrastructure and transport links, though the market shows sensitivity to interest rates, with a notable divergence in performance between houses and units.