24 Watt Street, Leumeah NSW 2560

3 bed | 2 bath | 1 car | 582m² block | 128m² dwelling | sold April 2023 at $755k | below suburb median The buying case rests on the property’s below-median entry price in a suburb where the median for comparable houses sits around $849k to $930k, offering immediate equity potential. The 582m² block on a standard detached house configuration is increasingly scarce in established Leumeah, and the 3 bed, 2 bath layout suits both owner-occupiers seeking a family home and investors targeting stable rental demand. The 128m² dwelling is efficiently sized, and the 23-day days on market at last sale signals strong local interest. The primary risk is the single car space, which may limit appeal to families with multiple vehicles and could narrow the buyer pool. The 2019 transfer at $0 suggests a non-standard transaction, but the 2023 sale at $755k provides a solid recent benchmark. The property sits below current automated estimates near $973k, but those are cautious guides. The buyer’s opportunity is to acquire below the suburb’s current median and benefit from Campbelltown’s ongoing infrastructure and population growth. This property should be held for capital growth or used as a solid rental, with yield likely competitive given the purchase price.