2 Lesmurdie Parade, Dubbo NSW 2830
2 Lesmurdie Parade, Dubbo NSW 2830
Modern 3-bed family house on 720m² block | Outlook Estate, Dubbo | strong rental appeal | elevated outlook likely | sold in 2023
Set on a substantial 720m² block, this modern 3-bedroom, 2-bathroom house sits in a newer estate known for larger lots and open living. The floor plan is arranged for everyday family use, with separate living areas and an alfresco space that extends the home outside. That combination is regarded as a clear edge over much of Dubbo’s older housing stock. It serves families wanting a turn-key home with room to grow, and it is also investor-friendly because a buyer can enter a modern estate without paying for a second dwelling or excessive extra space. For an owner-occupier, the practical layout and low-maintenance outdoor area are likely to be the strongest draw.
Value may be influenced by the exact standard of internal finishes. The generous land size may permit future additions or a shed, adding flexibility for a family buyer. Because the house is configured as a straight 3-bedroom family home, multigenerational appeal may be limited, but the maturing estate and outdoor living space are likely to support price. Cosmetic updating, if needed, could narrow competition.
Detailed Independent Property Report prepared by PropCred Analyst team for 2 Lesmurdie Parade, Dubbo NSW 2830
Checks found:
Value Risk
Liquidity Risk
1
Planning Risk
Income Risk
2
Execution Risk
URL has been copied successfully!
Market Insight
Dubbo’s house market holds a median of $627,100, with 9.44% annual growth, though 2026 sales at $682,500 show momentum above long-term trend. Houses sell in 31 days, driven by families, first-home buyers, and investors attracted by affordable entry and gross yields of 4.81% for houses and 5.94% for units. Units lag at $335,000 with 0.75% growth, while weekly rents are $550 and $398 respectively. The 1,000 annual house sales indicate a deep market, but the overvalued assessment suggests price gains are increasingly constrained by affordability.
URL has been copied successfully!
PropCred Estimated Value
Comparable Sales: 11 Lesmurdie Parade, 4-bed with granny flat, $820,000 | 2 Lesmurdie Parade, $595,000 in 2023 | Property Price Band: $600K–$700K | Value Drivers: 720m² block, modern family layout, estate location
Bedrooms
3
Bathroom
2
Parking
2
Land
379m²
URL has been copied successfully!