49A Acacia Avenue, Leeton NSW 2705
49A Acacia Avenue, Leeton NSW 2705
3-bed 487m² | Near Leeton Plaza & schools | Original 1950 build | Modest 95m² interior | Strong rental demand
The property is situated on a 487m² block within a well-established residential pocket of Leeton, within easy walking distance of Leeton Public School, Leeton High School and the Leeton Plaza shopping centre. This central location is considered a competitive advantage, particularly for families seeking a short commute to school and daily amenities. The modest internal floor area, ranging from 83 to 95m² across portals, is typical for a 1950s dwelling, but the land size offers scope for future extension or outdoor entertaining. The house is positioned along a mixed-use corridor where commercial activity is present, yet the immediate streetscape retains a suburban character. This property best serves first-home buyers or investors looking for a low-maintenance dwelling with solid rental demand, given the proximity to education and retail infrastructure.
The original 1950s construction may be seen as a positive by buyers seeking character, but its age and smaller internal footprint might be considered limitations for those wanting turn-key condition. Inconsistencies in bathroom count between portals may be noted during due diligence, causing some hesitation. The surrounding commercial zoning along the corridor could be viewed as a potential influence on future development, though immediate impact is likely minimal. Buyers should weigh renovation potential against the existing layout, and the actual configuration should be confirmed before forming a view on price.
>> Comparable Sales: Subject property prior sale $197k (5 years ago) | Property Price Band: $400k-$500k | Value Drivers: Land size, school proximity, original condition
Detailed Independent Property Report prepared by PropCred Analyst team for 49A Acacia Avenue, Leeton NSW 2705
Checks found:
Value Risk
2
Liquidity Risk
1
Planning Risk
2
Income Risk
2
Execution Risk
1
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Market Insight
Leeton, a southern NSW agribusiness hub roughly 125km from Wagga Wagga, remains one of the state’s most affordable markets, with median house prices clustered near $435,000 and units around $337,000. First-home buyers and investors drive demand, supported by a tight 0.52% vacancy rate and gross house yields near 4.6%. House prices have risen 7.2% to 11.5% annually depending on the measure, though transaction volumes have eased, indicating short-term cooling. Future growth is anchored by the $62m Urban Channel Pipeline, industrial estate expansion and planned bioenergy projects, many still awaiting approvals. Key risks include wide affordability variance across data sources – medians range from $397,250 to $525,000 – and thin unit supply, with just six units listed. Rate sensitivity is evident, with principal-and-interest repayments near $2,800 monthly. Rental demand remains consistent, supported by agribusiness strength and constrained stock.
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PropCred Estimated Value
Bedrooms
3
Bathroom
1
Parking
1
Land
487m²
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