5 Nirimba Court, Hillvue NSW 2340

5 Nirimba Court, Hillvue NSW 2340
3 bedrooms | 2 bathrooms | 2 car spaces | 831sqm lot | detached family house | sold 2011 for $405k This property is competitively positioned as a standard detached family house on a generous 831sqm lot in Hillvue, a suburban area suited to owner-occupiers seeking space and privacy. The three-bedroom, two-bathroom configuration, with double garage, aligns with typical family demand, and the land size offers potential for future extension or landscaping. Its best fit is likely a buyer looking for an established home in a low-rise residential setting, with primary and secondary school catchments already assigned. The current estimated value of $733,000 may appear elevated relative to the 2011 sale price of $405,000, but this likely reflects broader market growth rather than property-specific upgrades. The absence of confirmed building age, finishes, or renovation history means a buyer should verify the home’s condition and any improvements before forming a price view. The nearby rental yield signal around mid-4% suggests reasonable income potential, though not exceptional.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 5 Nirimba Court, Hillvue NSW 2340
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Market Insight:

Hillvue presents as a stable residential suburb with a market positioned above its long-term trend, indicating recent strong performance. Demand is driven by a professional demographic, supporting a healthy sales volume and consistent price growth that has exceeded the national average. Recent conditions show robust activity with properties transacting efficiently. Future growth may face constraints as the market is considered overvalued, with expectations for more marginal increases ahead given limited new drivers for capital appreciation.
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PropCred Estimated Value

Bedrooms

3

Bathroom

2

Parking

2

Land

831mยฒ

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