2/112 Colonial Drive, Bligh Park NSW 2756
2/112 Colonial Drive, Bligh Park NSW 2756
Compact Torrens duplex | family catchment | low-maintenance yard | practical finishes | investor-appeal layout
The property is presented as a compact duplex within an established residential street in Bligh Park. A Torrens-title arrangement is understood to deliver ownership simplicity without recurring strata fees. The internal layout is considered functional, with two to three bedrooms, a single lock-up garage with internal access, and a covered outdoor entertaining area. The fenced backyard is modest in scale and low in maintenance, which is seen as a genuine point of appeal for first-home buyers, downsizers, and investors alike. The surrounding environment is family-oriented, with local schools, parks, and daily retail needs positioned within a short distance. This type of housing is well suited to buyers seeking ground-oriented living with minimal upkeep.
The build era may influence condition and energy efficiency, affecting running costs. Orientation might impact natural light and comfort in living areas. A dated presentation may narrow the buyer pool, while recent updating could broaden it. The trade-off between internal space and land size should be weighed during inspection.
Detailed Independent Property Report prepared by PropCred Analyst team for 2/112 Colonial Drive, Bligh Park NSW 2756
Checks found:
Value Risk
1
Liquidity Risk
Planning Risk
1
Income Risk
2
Execution Risk
1
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Market Insight
Bligh Park is a family-oriented suburb where demand is driven by couples with children, many in trades and repaying $1,800–$2,399 monthly, with owner-occupancy rising to 63.7% by 2021. House prices sit near $1.0 million, with annual growth in double digits across most sources – 10.8% per Property.com.au – and a five-year gain of 46.1%. Units have appreciated faster over five years at 55.7%, but yields are tighter at 3.63% versus 3.81% for houses. Market conditions favour sellers: houses average just 14 days on market and vacancy sits at 0.85%, while annual sales volume holds at roughly 90–95. Rental demand is firm, with houses around $650 weekly and units $570. The key risk is affordability after rapid price gains, particularly for first-home buyers, though low supply and quick turnover suggest resilience. Future growth relies on infrastructure and school capacity, with no specific transport or catchment data available.
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PropCred Estimated Value
Comparable Sales: 1/104 Colonial Drive 3-bed duplex sold $785,000 | Property Price Band: $700K–$800K | Value Drivers: condition, layout, land size
Bedrooms
3
Bathroom
1
Parking
1
Land
650m²
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