11 Second Street, Cardiff South NSW 2285
11 Second Street, Cardiff South NSW 2285
Corner block with dual access | larger than median land | quiet suburb | polished floors throughout
This property’s corner configuration with two street entries creates a rare functional advantage, offering superior parking and potential future flexibility on a block significantly larger than local comparables. The polished floorboards and split-system air conditioning indicate a well-presented, comfortable home. It serves a buyer seeking space and privacy in a quiet location, with the land component providing a fundamental value buffer.
The primary risk is market positioning; the guide sits above the local median for three-bedroom houses, demanding a premium justified only by its land size and configuration. The opportunity lies in securing a lot with inherent subdivision or extension potential, which is scarce. Acquire this for long-term hold to capitalise on its land value, as the existing house offers functional accommodation without requiring immediate investment.
Recent comparable sales in the broader Cardiff area provide context:
– 9 Merewether Street: Listed $690,000-$730,000 (2 bed, 1 bath)
– 23A Charles Street: Listed $695,000-$750,000 (3 bed, 2 bath)
– 1/30 Lachlan Road: Listed $920,000-$950,000 (4 bed, 1 bath)
This property’s $945,000 guide is ambitious against these comparables, relying heavily on its larger, dual-access corner block to justify the price point over a standard three-bedroom home.
Detailed Independent Property Report prepared by PropCred Analyst team for 11 Second Street, Cardiff South NSW 2285
Checks found:
Value Risk
!
1
Liquidity Risk
!
1
Planning Risk
✕
2
Income Risk
✓
Execution Risk
!
1
Insight: Cardiff South NSW 2285
Cardiff South presents a balanced market attracting diverse demand, with families drawn to its established housing and investors encouraged by sustained long-term capital growth. The market demonstrates robust momentum, evidenced by rapid sales and strong annual price appreciation across houses. Future performance is underpinned by this established growth trajectory, though its appeal to first home buyers and downsizers within the unit segment suggests a degree of affordability sensitivity.