1/34 Condon Place, Lavington NSW 2641
1/34 Condon Place, Lavington NSW 2641
Quiet court brick villa | 3-bed low-maintenance footprint | $495/wk rent signal | first-home and downsizer fit | sunny fenced yard
The property’s competitive edge is found in its combination of freestanding brick construction, a private court position, and a genuinely low-maintenance floorplan. Three bedrooms, a separate toilet, and a bath are offered in a format rare in newer stock, and the fully fenced sunlit yard offers practical outdoor space without the upkeep of a large block. Year-round comfort is provided by evaporative ducted cooling, gas wall heating, and a split system, while the basics expected by many buyers are covered by security screens and a lockable garage. A yield-supportive profile is signalled by the rent estimate of $495 per week, which is best suited to first-home buyers, downsizers, and investors.
A single bathroom and one-car garage may limit family appeal, and built-ins in only two bedrooms might disappoint some owner-occupiers. Building age and kitchen/bathroom condition may be weighed against the advertised rent, and evaporative cooling is known to perform differently from refrigerated air in extreme heat. The yard’s veggie-bed or pergola potential may add value not fully reflected in price.
Detailed Independent Property Report prepared by PropCred Analyst team for 1/34 Condon Place, Lavington NSW 2641
Checks found:
Value Risk
Liquidity Risk
1
Planning Risk
2
Income Risk
2
Execution Risk
2
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Market Insight
Lavington is a young adult, trades-oriented suburb where demand is driven predominantly by childless couples. The median house price sits at $610,000, up 21.8% over the year and 114.26% over five years, with some estimates ranging as high as $641,000. Units have risen 6.35% annually to a $335,000 median, up 85.9% over five years. Houses sell in a median 23 days, with 258 sales in the past year. Rental yields are 4.87% for houses and 5.63% for units. Despite momentum, the market is overvalued and above long-term trend; the 10-year compound growth rate of 9.5% outpaces the 20-year rate of 5.3%, signalling stretched pricing and an elevated correction risk.
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PropCred Estimated Value
Comparable Sales: 3-bed brick villa in court setting, $435K; renovated 3-bed townhouse, $465K | Property Price Band: $400K–$500K | Value Drivers: presentation, yard condition, layout, rental yield
Bedrooms
3
Bathroom
1
Parking
1
Land
859m²
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