22A Kay Street, Carlingford NSW 2118
22A Kay Street, Carlingford NSW 2118
Large 1,026m² block with wide frontage | Family-oriented 5-bed, 3-bath layout | Strong school catchment demand | Duplex potential adds optionality | Low rental yield relative to price
This house sits well above Carlingford’s typical detached stock, combining a substantial 1,026m² lot with a practical five-bedroom, three-bathroom floorplan. The wide frontage and level backyard are genuinely rare for the area, giving it a flexibility that most nearby houses lack. The agent’s mention of duplex potential, subject to council approval, points to land value that extends beyond the current dwelling. It serves best a family wanting space near Carlingford Public and High Schools, or a buyer willing to hold for future redevelopment. The quiet street and proximity to Carlingford Court and Village reinforce its appeal as a long-term family property.
The property’s value may hinge on how much weight a buyer places on the redevelopment optionality versus the existing house’s age and finish. The low gross yield suggests it is not an income-driven purchase, so rental return should not be the deciding factor. Land size and frontage might justify a premium over smaller nearby sales, but the older dwelling’s condition could temper that. Buyers should weigh the cost of any renovation against the potential upside of a future duplex approval, which remains uncertain until council feedback is sought.
Detailed Independent Property Report prepared by PropCred Analyst team for 22A Kay Street, Carlingford NSW 2118
Checks found:
Value Risk
2
Liquidity Risk
Planning Risk
1
Income Risk
2
Execution Risk
1
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Market Insight
Carlingford, in Sydney’s northern districts, is a family-oriented market with solid infrastructure and reputable schools, attracting families, downsizers, and professionals. House prices range $2.13m–$2.21m, with annual growth 1.8–3.3%; units sit $692k–$734k. Houses sell in 41–47 days, volume around 225–229; unit yields 4.8–5.1% versus houses’ 2.2–2.3%, below the NSW average. The mix is 62% houses and 38% strata; 51% of owners have mortgages, implying rate sensitivity. Activity is steady, with 12 listings last month. After a recent correction, the market is stabilising; houses remain below long-term trend, supported by infrastructure, community, and a 4.6% 36-year CAGR. Key constraints are house affordability, low rental yields, and mortgage exposure.
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PropCred Estimated Value
Comparable Sales: 5A Kay Street sold $2.475M on 460.8m²; nearby duplex-site sales support land premium | Property Price Band: $2.9M–$3.0M | Value Drivers: land size, wide frontage, school catchment, duplex potential
Bedrooms
5
Bathroom
3
Parking
2
Land
1026m²
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