6 Red Cedar Cove, Oxley Vale NSW 2340
6 Red Cedar Cove, Oxley Vale NSW 2340
2012-built lowset brick family house | 689 m² with dual living zones | leased at $540/week with rising rents | 4-bed 2-bath double garage configuration | cul-de-sac convenience near schools
This house holds a clear competitive edge in Oxley Vale through its modern build year and practical single-level layout. The 2012 construction places it among the newer stock in the suburb, which tends to attract families seeking move-in condition without renovation costs. The four-bedroom, two-bathroom configuration with separate living and open-plan kitchen/dining serves family functionality well, while the double lock-up garage and fully fenced yard add everyday usability. Its cul-de-sac position reduces through-traffic and enhances safety for children, a factor that resonates with owner-occupier families. The property is already leased, which signals immediate rental demand and makes it equally suitable for investors seeking established income. For a family buyer, the combination of modern finishes, manageable 689 m² block, and school proximity creates a straightforward, low-fuss purchase.
The property’s value may be shaped by its rental income consistency and the broader upward trend in local rents. The existing lease at $540 per week provides a baseline return, while achievable rents appear to range higher, potentially improving yield over time. The 689 m² land size offers reasonable outdoor space without excessive upkeep, which may appeal to downsizers or busy families, though it lacks the premium of larger blocks. The absence of flood, bushfire, or heritage overlays reduces hidden risk, and the lowset design avoids accessibility issues. Buyers might weigh the lack of a confirmed aspect or elevated outlook, which could limit price growth compared to properties with stronger orientation. The modern build and established rental profile likely support price stability, but any future value gains may depend on local school performance and infrastructure changes rather than intrinsic property features.
|| Comparable Sales: 7 Red Cedar Cove similar 2012 build on larger block; 113 Manilla Road sold $495k in 2022 | Property Price Band: $600,000–$700,000 | Value Drivers: modern build condition, cul-de-sac location, existing rental income
Detailed Independent Property Report prepared by PropCred Analyst team for 6 Red Cedar Cove, Oxley Vale NSW 2340
Checks found:
Value Risk
Liquidity Risk
1
Planning Risk
2
Income Risk
1
Execution Risk
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Market Insight
Oxley Vale is a family-centric suburb with a strong owner-occupier presence, primarily attracting young families seeking affordable entry into the housing market. Demand is driven by this demographic, creating a robust seller’s environment evidenced by rapid recent price growth and swift sales. Future growth is underpinned by consistent long-term sales activity, though risks include potential supply pressures from a high rental population and current market valuations.
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PropCred Estimated Value
Comparable Sales: 7 Red Cedar Cove similar 2012 build on larger block; 113 Manilla Road sold $495k in 2022 | Property Price Band: $600,000–$700,000 | Value Drivers: modern build condition, cul-de-sac location, existing rental income
Bedrooms
4
Bathroom
2
Parking
2
Land
689m²
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