1 Waratah Close, Gunnedah NSW 2380

1 Waratah Close, Gunnedah NSW 2380
4 bed family home on 802sqm | Mornington Park Estate | Recently sold, now re-listed | Asking above recent sale price This property offers a strong configuration for a family buyer seeking space and modern amenity in Gunnedah. The 251sqm floorplan with dual living areas, an ensuite, and a walk-in robe to the main bedroom is rare for the area and positions it above the typical four-bedroom offering. The fully fenced 802sqm block with outdoor spa, alfresco area, and direct backyard access adds genuine lifestyle utility. With no flood or bushfire overlays and good school catchment access, it serves best an owner-occupier looking for a turnkey home in a stable, mostly owner-occupied street. The primary risk is the pricing gap between the recent $730,000 sale and the current $780,000 ask, which sits above automated estimates and the local median for four-bedroom houses. This suggests the seller may be testing the market after a short holding period, and a buyer should verify whether any improvements have been made. The FTTN connection is adequate but not a premium feature. The opportunity lies in negotiating toward the recent sale price, as the property’s configuration and block size are genuinely above average for the suburb and should hold value for a long-term owner.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 1 Waratah Close, Gunnedah NSW 2380
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Market Insight:

Gunnedah is a significant regional centre with a market driven by established families and a stable workforce, underpinning demand. Recent price momentum reflects strong investor interest, supported by attractive rental yields. Future growth is tied to its regional role, though affordability pressures and an overvalued market present near-term constraints.
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PropCred Estimated Value

Bedrooms

4

Bathroom

2

Parking

2

Land

802mยฒ

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