1 Kingsley Grove, Kingswood NSW 2747
1 Kingsley Grove, Kingswood NSW 2747
3 bed house on 350 m² | R3 zoning for redevelopment | Needs significant internal renovation | Strong rental demand near hospital and university | FTTP and 5G ready
This house holds a competitive edge for buyers seeking both immediate rental income and long-term development potential. The R3 medium density zoning sets it apart from standard suburban stock, and the 350 m² block, while modest, is positioned in a corridor of rising density near Nepean Hospital, TAFE, and Western Sydney University. It suits an investor or a renovator willing to modernise the interior, as the solid foundations and functional layout provide a stable base. The rental estimates of $590–$630 per week signal consistent tenant interest, driven by proximity to employment and education anchors. For a first-home buyer prepared to invest in upgrades, it offers entry into a suburb with upward momentum.
The property’s main value considerations centre on condition and zoning. The need for significant internal renovation may deter some, but it also means the purchase price may leave room for equity growth through improvements. The R3 designation might enable future higher-density development, subject to council approval, which could enhance land value beyond the current house. The 140 m² building footprint is modest, and the lack of confirmed aspect or build year adds uncertainty, but the absence of flood, bushfire, or heritage overlays reduces risk. Buyers should weigh renovation costs against the potential uplift from both rental yield and redevelopment optionality.
Detailed Independent Property Report prepared by PropCred Analyst team for 1 Kingsley Grove, Kingswood NSW 2747
Checks found:
Value Risk
Liquidity Risk
2
Planning Risk
2
Income Risk
Execution Risk
1
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Market Insight
Kingswood presents as a dynamic, affordable entry point into Greater Sydney’s western corridor, attracting a young professional demographic. This cohort is fuelling strong demand, evidenced by rapid house price growth and exceptionally fast sales. The market is characterised by healthy turnover and a relative scarcity of listings, creating competitive conditions. Future growth is underpinned by sustained population increases, though affordability pressures relative to local incomes and limited property supply present key constraints to watch.
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PropCred Estimated Value
Comparable Sales: 1 Knight Close sold $795,000; 19 Kingsley Grove sold $348,000 | Property Price Band: $700K–$800K | Value Drivers: Renovation potential, R3 zoning scope, rental yield strength
Bedrooms
3
Bathroom
1
Parking
1
Land
350m²
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