11 Stephenson Place, Currans Hill NSW 2567
11 Stephenson Place, Currans Hill NSW 2567
Detached 3/1/2 on 628m² | 33% site coverage | 5G coverage | No overlay risk | Sold 2023, $818k
This house offers a genuinely practical footprint for its price point. A 3-bedroom, 1-bathroom layout on a 628m² block with 2 open car spaces is a configuration that suits first-home buyers, small families, or investors seeking broad rental appeal. The single-level form and 33% site coverage leave usable outdoor space without excessive maintenance. It sits comfortably within Currans Hill’s established residential character, where detached homes on similar-sized lots are the norm. Its 2023 sale at $818k places it below more recent nearby transactions, reflecting its older profile and smaller bedroom count, but that also means entry-level pricing relative to newer or larger stock. The absence of bushfire, flood, or heritage overlays removes a layer of due-diligence concern, making it a straightforward purchase for a buyer prioritising certainty over speculation.
The value picture may be shaped by its dated internal presentation, which likely requires updating to match the finish levels of comparable homes. The 1-bathroom layout might limit appeal to larger families, potentially narrowing the buyer pool. Rental income of $700 per week suggests steady demand, but the gross yield is modest, so capital growth rather than cash flow is the primary investment case. The 2024 sale at 3 Stephenson Place for $960k indicates the street can support higher prices for larger, upgraded homes, so renovation potential exists but is unverified. The 2019 sale at 16 Stephenson Place for $562k highlights how much the suburb has appreciated, reinforcing that timing and condition, rather than location, will drive any premium.
|| Comparable Sales: 3 Stephenson Place $960k (2024), 16 Stephenson Place $562k (2019) | Property Price Band: $800k–$900k | Value Drivers: Land size, single-level layout, renovation upside
Detailed Independent Property Report prepared by PropCred Analyst team for 11 Stephenson Place, Currans Hill NSW 2567
Checks found:
Value Risk
2
Liquidity Risk
2
Planning Risk
1
Income Risk
2
Execution Risk
1
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Market Insight
Currans Hill is a family-dominated southwest Sydney suburb, with 82% of households classified as families and over half being couples with children. Demand is driven by younger households, evidenced by 33% under 19 and incomes in the $78k–$130k bracket. House prices sit at a median of $994,000, with growth reported between 3.4% and 9.3% annually depending on source; recent conditions are tight, with 72 transactions over the year and three- and four-bedroom houses selling in 8 to 18 days. Rental yields are moderate at around 3.5–3.6%, but the vacancy rate is very low at 0.67%, underpinning rental demand. Low turnover and fast selling times imply limited stock, though affordability and rate sensitivity remain risks given the price point and family-heavy buyer base.
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PropCred Estimated Value
Comparable Sales: 3 Stephenson Place $960k (2024), 16 Stephenson Place $562k (2019) | Property Price Band: $800k–$900k | Value Drivers: Land size, single-level layout, renovation upside
Bedrooms
3
Bathroom
1
Parking
2
Land
628m²
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