44 Green Close, Mardi NSW 2259
44 Green Close, Mardi NSW 2259
Compact 2-bed duplex on 245m² | single-level with built-in robes | flood overlay noted | downsizer and investor demand | age discrepancy 1995 vs 2003
A compact single-level duplex on 245 m², the property is suited to low-maintenance living in a residential pocket dominated by detached houses. Its two bedrooms, one bathroom, and single garage are entry-level or downsizer stock, with built-in robes, a courtyard, and full fencing adding appeal. School catchments, retail, and rail access are nearby, supporting stable demand. This configuration is best suited to first-home buyers, downsizers, or investors seeking predictable costs and rental appeal. The flood overlay is acknowledged but does not remove the property’s residential utility.
The age discrepancy may be examined, though unlikely to affect practical use. Replacement and insurance costs might be set by the accepted construction year. The flood overlay may be weighed against rental yield when insurance is considered. Value may be driven by land size, layout efficiency, and external amenity, not architectural distinction.
Detailed Independent Property Report prepared by PropCred Analyst team for 44 Green Close, Mardi NSW 2259
Checks found:
Value Risk
2
Liquidity Risk
2
Planning Risk
1
Income Risk
1
Execution Risk
1
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Market Insight
Mardi, on the NSW Central Coast, is a compact family market. Dominant age groups are 40-49 and 0-9, with professional, upper-middle-income buyers. Demand rests on tight rentals—vacancy 0.76%, weekly house rent $665—and population growth of 6.9% to 3,681. The price picture is mixed: medians cluster around $1.03–$1.05 million, annual growth ranges from -2.7% to +18.6% across data sets, with 3-bed houses at $698,000 and 4-bed at $1.08 million. Houses turn quickly, averaging 13 days on market, with 53–58 annual sales. Future growth drivers include low supply and sustained rental demand, but gross yield is only 3.64%, and affordability and rate sensitivity remain constraints.
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PropCred Estimated Value
Comparable Sales: 27/1A Woodbury Park Drive, Mardi sold $650,000; 18 Green Close, Mardi sold $768,000 | Property Price Band: $700,000-$800,000 | Value Drivers: land size, layout efficiency, presentation
Bedrooms
2
Bathroom
1
Parking
1
Land
245m²
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