2/128 Aurora Drive, Tregear NSW 2770
2/128 Aurora Drive, Tregear NSW 2770
Detached house on mid-sized block | Established low-rise street | Strong rental demand | Stable owner-occupier mix | Older build with renovation potential
This property sits in a corridor of predominantly single-storey detached homes, a format that continues to hold steady appeal for families and investors alike. Its likely configuration—three to four bedrooms, one to three bathrooms, and parking for two or more—aligns with what the local market consistently seeks. The street’s character is defined by infrequent turnover and a meaningful renter share, which signals both stability and active tenant demand. For a buyer, this means a house that can serve as a solid family home or a dependable rental, with land size around 560 to 660 square metres offering room for future improvements or extensions.
The property’s value may be shaped by its condition relative to nearby renovated examples, as some homes in the area have been updated with modern kitchens, bathrooms, and flooring while others remain in original state. The age of the building, likely from the late twentieth century, might require budgeting for updates to compete with higher-priced sales. Land size and layout will influence its ceiling, as will any potential for subdivision or dual-living configurations, though these remain speculative without confirmed zoning details. The absence of premium views or walkable rail access may temper upside, but the established services and reliable connectivity support steady demand.
|| Comparable Sales: 70 Aurora Dr sold at $876,000; 64 McMurdo Ave sold at $765,000 | Property Price Band: $700K–$800K | Value Drivers: land size, condition, renovation potential
Detailed Independent Property Report prepared by PropCred Analyst team for 2/128 Aurora Drive, Tregear NSW 2770
Checks found:
Value Risk
Liquidity Risk
1
Planning Risk
2
Income Risk
Execution Risk
1
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Market Insight
Tregear occupies a distinctive position in the Sydney market, offering a more accessible price point relative to the state average. Demand is driven primarily by first-home buyers and families, drawn by the presence of schools and parks. The market has recorded a strong upward price trend, with houses selling briskly and a healthy turnover of sales. Rental demand is evident, supported by a high proportion of renters in the population. Future growth is underpinned by long-term capital appreciation and ongoing buyer interest from those seeking entry into the market. Key constraints include affordability pressures and a notable shift in available stock compared to the prior year.
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PropCred Estimated Value
Comparable Sales: 70 Aurora Dr sold at $876,000; 64 McMurdo Ave sold at $765,000 | Property Price Band: $700K–$800K | Value Drivers: land size, condition, renovation potential
Bedrooms
3
Bathroom
1
Parking
2
Land
220m²
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