7 Anna Place, Wallsend NSW 2287
7 Anna Place, Wallsend NSW 2287
Classic brick | 555m² mid-block | 3-car standout | school zones | no overlays
This property presents a competitively strong, low-maintenance holding in a stable residential zone. Its three-car accommodation, a rarity for classic brick homes in this price bracket, creates immediate utility for trades, growing families, or hobbyists, while the mid-range lot size and absence of development overlays translate to lower holding risk and simpler ownership. It is meticulously maintained, positioning it above typical ‘renovator’ stock for a buyer seeking move-in readiness.
The primary decision hinges on its premium positioning against comparable sales. The asking range demands a value justification above recent local sales, notably a similar configuration at 9/13A Anna Place which sold for $740,000. A buyer must assess if the superior presentation, larger land component, and parking configuration warrant the delta. For a long-term holder, the stable yield and family-friendly location support a buy-and-hold strategy; an investor should note the single bathroom may cap near-term rental growth against newer stock.
Recent sales context is critical for benchmarking. A directly comparable property at 9/13A Anna Place, also a 3-bed, 1-bath, 3-car house, sold for $740,000. This sale establishes a firm lower anchor, making the current guide of $880,000-$930,000 a significant premium that requires clear justification through this property’s larger land size, superior condition, or its specific street position.
Detailed Independent Property Report prepared by PropCred Analyst team for 7 Anna Place, Wallsend NSW 2287
Checks found:
Value Risk
2
Liquidity Risk
2
Planning Risk
Income Risk
2
Execution Risk
1
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Market Insight
Wallsend is an established suburb with strong transport links to Newcastle, underpinning its appeal. Demand is driven by its convenient location, ongoing development, and robust rental market. Recent house price growth has been notably strong, with a consistently fast sales pace indicating solid market conditions. Future growth is supported by infrastructure projects and economic activity, though broader market sensitivities remain a consideration.
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PropCred Estimated Value
Bedrooms
3
Bathroom
1
Parking
3
Land
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