5/18 Vega Street, Revesby NSW 2212
5/18 Vega Street, Revesby NSW 2212
2-bed villa | rear position | private yard | flood overlay noted | owner-occupier complex
This villa holds a genuine edge for its size: a rear position with only one shared wall, a manicured private yard, and an open-plan layout that feels more like a small house than a standard attached unit. It sits within a boutique ten-dwelling complex on a quiet street, appealing strongly to downsizers or first-home buyers who want low-maintenance living without sacrificing outdoor space. The owner-occupier skew in the building suggests stable, cared-for surroundings, and the school catchment adds practical long-term appeal for small families.
The flood overlay is the main factor to weigh, as it may influence insurance costs and future resale interest, though it has not prevented recent activity in the complex. Value could be shaped by the dated finishes—carpets and paint were refreshed previously, but the kitchen and bathroom may not meet current expectations. The single garage with backyard access is a practical bonus, yet the lack of a second bathroom or dedicated study might limit appeal for some buyers. Price should reflect the villa’s genuine privacy and yard, balanced against the overlay and modest internal specification.
|| Comparable Sales: 1/18 Vega St sold $1.13M (3-bed townhouse); 6/18 Vega St sold $1.13M (3-bed townhouse) | Property Price Band: $900K–$1.0M | Value Drivers: rear position, private yard, single garage with rear access, complex condition
Detailed Independent Property Report prepared by PropCred Analyst team for 5/18 Vega Street, Revesby NSW 2212
Checks found:
Value Risk
1
Liquidity Risk
Planning Risk
1
Income Risk
Execution Risk
URL has been copied successfully!
Market Insight
Revesby is a well-established Sydney suburb offering a mix of residential living and convenient amenities. The median house price sits around $1.6 million, with units near $1.1 million. House values grew 3.9–6.0% annually and units rose 11–12%, indicating stronger attached-market demand. Houses typically sell within 26–28 days, though one source records 87 days, pointing to uneven turnover; annual sales volume of roughly 177 houses reflects moderate liquidity. Rental yields are low for houses at 2.85% and modest for units at 3.7–4.2%, reinforcing price sensitivity. Demand is driven by access to broader Sydney infrastructure and a competitive market where homes and units move quickly. Future growth appears tied to infrastructure access and sustained buyer interest. Key risks include high entry prices, thin rental returns, and house selling times above the NSW average of 50 days in some periods, signalling affordability constraints.
URL has been copied successfully!
PropCred Estimated Value
Comparable Sales: 1/18 Vega St sold $1.13M (3-bed townhouse); 6/18 Vega St sold $1.13M (3-bed townhouse) | Property Price Band: $900K–$1.0M | Value Drivers: rear position, private yard, single garage with rear access, complex condition
Bedrooms
2
Bathroom
1
Parking
1
Land
3650m²
URL has been copied successfully!