31 Grinton Avenue, Ashmont NSW 2650
31 Grinton Avenue, Ashmont NSW 2650
3 bed 2 bath 2 car house|Newer duplex-style build|Solar plus ducted reverse-cycle|Ensuite and walk-in robe to master|Compact 337 m² block
A newer three-bedroom house with two bathrooms and two car spaces is offered here, and its configuration is considered notably competitive within Ashmont. The modern fitout, including a walk-in robe and ensuite to the master bedroom, built-in robes, ceiling fans, ducted reverse-cycle air conditioning and solar panels, positions this dwelling above much of the older freestanding stock in the suburb. The light-filled living and dining area is described as easy-flowing, and with the compact land holding, maintenance is genuinely kept low. This property is situated within a mixed residential suburb that provides convenient access to local retail, schools and the Wagga Wagga CBD, and it is best suited to first-home buyers seeking move-in-condition certainty, downsizers looking for single-level ease without garden upkeep, and investors drawn to contemporary low-maintenance holdings with strong rental appeal.
A modest land holding may be weighed differently by buyers who are accustomed to traditional Ashmont block sizes, though the low-maintenance format is precisely what many purchasers in this segment are seeking. The duplex-style presentation might be viewed less favourably by families wanting a fully detached house, while the modern fitout and solar array may support a modest premium relative to older stock. The condition and presentation of the property at inspection will likely be relied upon most heavily when a final view on price is formed.
Detailed Independent Property Report prepared by PropCred Analyst team for 31 Grinton Avenue, Ashmont NSW 2650
Checks found:
Value Risk
1
Liquidity Risk
2
Planning Risk
Income Risk
2
Execution Risk
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Market Insight
Ashmont is a lower-priced regional market drawing investor and first-buyer demand from strong yields and rapid capital growth. House median is $492,500, up 18.1% annually, 85.9% over five years and 113.2% over a decade; units are $320,000, up 15.9% annually and 94.6% over five years. The buyer base skews young: 20–29-year-olds, single-parent households and labourers, with 53% of owners carrying mortgages. Conditions are steady: 84 house sales in the past year and 32 days on market. Houses rent for $440 weekly, units for $350, yielding 4.85% and 4.98%. The key constraint is a 2.1% population decline since 2016, exposing the market to rate sensitivity given high mortgage reliance.
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PropCred Estimated Value
Comparable Sales: 1/68 Grinton Avenue sold $630,000; 2/68 Grinton Avenue sold $630,000 | Property Price Band: $600K–$700K | Value Drivers: modern three-bedroom configuration, solar and ducted reverse-cycle fitout, low-maintenance land holding
Bedrooms
3
Bathroom
1
Parking
2
Land
735m²
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