96 Chetwynd Road, Erina NSW 2250
96 Chetwynd Road, Erina NSW 2250
3 bed family house | 553m² level block | bushfire & flood overlays | strong renovation upside | quiet Erina pocket
This is a solid, honest family house in a quiet but convenient Erina location, sitting on a practical 553m² block with a three-bedroom, two-bathroom layout that suits first-home buyers, renovators, and investors alike. The configuration is straightforward and functional, with timber finishes in the living and dining areas adding a warm, established feel. Its real strength lies in the balance of suburban privacy and everyday access—Erina Fair, schools, buses, and beaches are all within easy reach, which keeps demand steady from families who want convenience without the busyness. The house presents as comfortable existing accommodation, not a polished product, which means the buyer who sees potential in updating finishes or reconfiguring spaces will find genuine scope here. For a first-home buyer wanting a foothold in the area, or an investor seeking a reliable rental, this property offers a practical entry point with room to add value over time.
The bushfire and flood planning overlays are the most material factors to weigh when forming a view on price, as they may influence insurance costs, development feasibility, and future renovation options. The building area figures vary between sources, which suggests the internal footprint is modest relative to the land, so a buyer should physically inspect to confirm how the space feels. The property’s value may also be shaped by the mixed character of Chetwynd Road, where standard suburban homes sit alongside larger parcels, meaning the street’s overall appeal is uneven. Renovation potential exists, but any improvements would need council approval and careful consideration of the overlay constraints. These factors do not undermine the property’s basic suitability, but they do mean the price should reflect the need for hands-on attention rather than a move-in-ready premium.
|| Comparable Sales: 98 Chetwynd Road sold $770,000 in Oct 2024 | Property Price Band: $0.8M–$0.9M | Value Drivers: land size, renovation scope, overlay constraints, location convenience
Detailed Independent Property Report prepared by PropCred Analyst team for 96 Chetwynd Road, Erina NSW 2250
Checks found:
Value Risk
Liquidity Risk
2
Planning Risk
1
Income Risk
2
Execution Risk
2
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Market Insight
Erina, on the NSW Central Coast, is driven by downsizers and investors, with apartments 24.6% of stock. House values sit near $1.3 million, though annual growth is split: one source shows -5.1%, another +24.8%. Units are softer, at $655,000–$785,000 with negative growth. Sales volume is thin (42–48 houses a year), with days on market of 32–73. Rents are firm: houses $800 weekly, units $545–620, yields 3.3–3.8%. A historical base of 5,033 sales and pricing below long-term trend suggest undervaluation; key road links support activity. The aggregate house median of $1,120,833 sits below the NSW average of $1,211,507, and a Boomscore of 52 signals healthy but unexceptional conditions. Principal risks are thin liquidity and rate sensitivity in an affordability-constrained market.
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PropCred Estimated Value
Comparable Sales: 98 Chetwynd Road sold $770,000 in Oct 2024 | Property Price Band: $0.8M–$0.9M | Value Drivers: land size, renovation scope, overlay constraints, location convenience
Bedrooms
3
Bathroom
2
Parking
2
Land
553m²
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