21 Yates Avenue, Mount Keira NSW 2500
21 Yates Avenue, Mount Keira NSW 2500
3-bed house on 686m² | prime Mount Keira location | no overlays | solar panels | high-speed NBN
This property presents a competitively positioned family home on a substantial block, free from bushfire or flood constraints, which is increasingly rare. Its reliable connectivity and solar installation offer practical cost advantages. The house best serves an owner-occupier seeking space and stability, or an investor targeting the family rental market, given the strong estimated rental yield against the guide price.
The primary risk is the significant variance between the sale guide and broader valuations, suggesting either a motivated vendor or an undervalued opportunity. Proceed with a building inspection to verify condition absent age data. The commercial logic favours a purchase at or near the guide price, securing an immediate equity buffer. This property should be acquired as a long-term hold, leveraging its land component and scarcity of development constraints.
Nearby sales context indicates this guide price sits below area benchmarks:
– 5 Yates Avenue (4 bed, 775m²): $1,835,000
– 20 Yates Avenue (2121m²): ~$1,300,000
– 16 Allen Street (5 bed, 757m²): $1.9m$2m guide
This disparity underscores the potential value, assuming the property’s condition aligns with the market.
Detailed Independent Property Report prepared by PropCred Analyst team for 21 Yates Avenue, Mount Keira NSW 2500
Checks found:
Value Risk
✓
Liquidity Risk
✕
2
Planning Risk
!
1
Income Risk
!
1
Execution Risk
✓
Insight: Mount Keira NSW 2500
Mount Keira is a premium, low-density suburb overlooking Wollongong, offering large blocks and a bushland setting. It attracts high-income buyers seeking privacy and views. Demand is driven by scarcity and proximity to Wollongong and beaches. Limited supply supports strong pricing. Price growth is above average but can be lumpy due to low turnover.