23 Bursill Street, Guildford NSW 2161

23 Bursill Street, Guildford NSW 2161
4-bed 1960s house on 540m² | rumpus room plus 3 parking | school catchment within 1km | established Guildford family pocket | older fabric awaiting updates Four bedrooms, two bathrooms, a rumpus room, and secure parking for three cars are combined on a 540m² lot. That configuration is not commonly found in older Guildford stock, where smaller homes on similar land are more typical. The house is positioned within a settled residential pocket with close access to public schooling, and no bushfire, flood, or heritage overlays have been detected. The 1960s base is thought to have been updated over time, but the property is still read as a traditional family house rather than a contemporary build. Best served are buyers who want a functional, detached home with room to grow, a practical floorplan, and an outdoor entertaining area, without paying a premium for brand-new finishes. Value may be shaped by the dwelling’s age, as older systems might need attention. The 148m² internal area works for four bedrooms, though some rooms may feel compact. Land size is a clear advantage, and the lack of overlay risk is supportive. Market interest might be influenced by maintenance quality and whether updates go beyond cosmetic finishes. A price view is best formed with those factors in mind. >> Comparable Sales: 83 Bursill Street sold for $1,000,000 in March 2024; 22 Bursill Street sold for $815,000 in August 2022 | Property Price Band: $1.4M-$1.5M | Value Drivers: land size, family layout, condition and update needs
Detailed Independent Property Report prepared  by PropCred Analyst team for 23 Bursill Street, Guildford NSW 2161
Checks found:
Value Risk ✓
Liquidity Risk ✓
Planning Risk ✓
Income Risk ! 1
Execution Risk ✕ 2
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Market Insight

Guildford NSW 2161, a well-established Sydney suburb, has a dual market: houses around $1.3 million and units near $480,000 with a 5.7% gross yield. Demand comes from families, first-home buyers and investors, drawn by transport links, 31 parks and affordable apartments. House prices rose 14.5% over the past year and 70% in five years, though the 10-year CAGR is 3.6%; unit growth is 4.3% annually. Sales volume is healthy at about 200 houses per year. Future growth rests on a 36-year appreciation trend and consistent turnover, but affordability is a constraint-median houses exceed $1.3 million and mortgage repayments are high. With 51.5% non-owner-occupied dwellings, rate sensitivity is significant, and 67 listings add supply pressure.
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PropCred Estimated Value

Bedrooms

4

Bathroom

2

Parking

3

Land

531m²

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