24 Westbury Street, Chipping Norton NSW 2170

24 Westbury Street, Chipping Norton NSW 2170
Large freestanding house | 5 bed, 4 bath, 5 car | 670 m² block | No overlays detected | Built for multi-generational family living This property stands out for its sheer scale and flexibility. Five bedrooms, four bathrooms, and five car spaces is a configuration rarely found in Chipping Norton’s older suburban stock, which tends toward more conventional three- and four-bedroom homes. The internal building area of roughly 317 m², combined with multiple living zones and substantial parking, positions this house at the premium end of the local market. It serves best a large family, an intergenerational household, or a buyer who needs serious space for vehicles, storage, or home-based work. The absence of flood, bushfire, or heritage overlays removes common constraints, and the practical infrastructure of solar panels and reliable NBN adds everyday value without being a headline feature. This is a property that competes on utility and room count, not on architectural flair, and it will appeal most to buyers prioritising function over form. The 2011 record showing four bedrooms and three bathrooms, against the current five and four, suggests the property has been extended or reconfigured since then, which may affect how a buyer views the quality of the renovations and the flow of the internal layout. The low implied rental yield of around 2.8% on current estimates indicates this is more of an owner-occupier property than an investment play, so a buyer should weigh the lifestyle benefit against weaker income potential. The land size of 670 m² is solid for the suburb but not oversized, meaning the value sits largely in the building itself rather than in redevelopment upside. The roof height of 8 metres and 47% building coverage point to a substantial two-storey presence, which may limit future extension options but also gives the house a commanding street presence.
Detailed Independent Property Report prepared  by PropCred Analyst team for 24 Westbury Street, Chipping Norton NSW 2170
Checks found:
Value Risk
Liquidity Risk 2
Planning Risk ! 1
Income Risk
Execution Risk
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Market Insight

Chipping Norton is a mature, mixed-use suburb where industrial zoning and thin bus coverage create a selective market. Established professionals and couples with children, many owning outright, drive demand; a middle-aged cohort and moderate population growth since 2016 underpin an owner-occupier base. House prices have firmed: medians near $1.51–1.52 million, annual growth 6.2–6.9%, with 135–148 sales in the past year. Supply is tight—11 listings, 32–52 days on market. Risks remain: $2,200 monthly mortgage repayments, prices above the NSW average, and a 14.5% decade-long decline in one series highlight affordability and cyclicality. With 15 rentals advertised and limited transport infrastructure, future growth depends on sustained professional demand and constrained supply.
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PropCred Estimated Value

Comparable Sales: 29 Westbury Street sold at $810,000 for a 4-bed, 3-bath, 2-car home on 700 m²; 4 Westbury Street, a 2-bed, 1-bath house on 751 m², holds an estimated value around $1.26M | Property Price Band: $1.2M–$1.3M | Value Drivers: Superior room count and parking capacity, larger building footprint, and a configuration suited to extended family living are the primary factors shaping buyer interest.

Bedrooms

5

Bathroom

4

Parking

5

Land

669m²

Research & Review Prepared by Brian Moon, Analyst · Reviewed by Matt Proctor, Principal Analyst
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