10 Spur Wing Close, Moore Creek NSW 2340
10 Spur Wing Close, Moore Creek NSW 2340
4-bed acreage lifestyle holding | 16,400 m² land, rare scale | Ducted air, fireplace, water tank | Bushfire overlay noted | Rental yield modest near 3.4%
This property stands out for its sheer land size, offering a lifestyle few suburban houses can match. The 16,400 m² block places it firmly in the acreage market, appealing to buyers seeking privacy, space for shedding, or room for animals. Its four-bedroom, two-bathroom layout suits families wanting room to spread out, while features like ducted air conditioning, an open fireplace, and built-in robes add everyday comfort. The estimated rent of $1,240 per week suggests strong demand from tenants willing to pay for space, though the yield remains modest given the price point. This house serves best as a long-term family home or a lifestyle purchase rather than an investment-driven one.
The bushfire risk detected on this property may affect insurance costs and could narrow the buyer pool, which might temper how aggressively buyers bid. The last sale in May 2022 for $550,000 contrasts sharply with current estimates, reflecting significant market movement or substantial improvements since then. The absence of confirmed building age or internal floor area means condition and presentation will heavily influence value. Buyers should weigh the cost of maintaining a large block and potential fire-safety upgrades against the lifestyle benefits. The property’s rarity in size within Moore Creek may support strong interest, but final price will depend on how the house itself compares to newer, smaller alternatives.
Detailed Independent Property Report prepared by PropCred Analyst team for 10 Spur Wing Close, Moore Creek NSW 2340
Checks found:
Value Risk
2
Liquidity Risk
1
Planning Risk
1
Income Risk
2
Execution Risk
2
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Market Insight
Moore Creek, a rural residential suburb on Tamworth’s fringe, is a detached-house-only market with no strata stock. Demand is driven chiefly by owner-occupiers and longer-term investors; quick-flip activity is minimal. Prices have corrected sharply, with median house values falling between 2% and 13% over the past year depending on source—well below long-term trend in early 2026. Homes take around 90 days to sell and annual turnover is roughly 76 sales, indicating a slow market. Gross rental yield for houses is 3.61%, under the NSW average of 4%, while median rent is $570 weekly. With no identifiable future demand drivers, negative momentum and subdued yields point to a continued soft patch, though the undervalued position may limit further downside.
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PropCred Estimated Value
Comparable Sales: 9 Spur Wing Close sold at $432,500; 10 Whiporie Close estimated near $1.3M | Property Price Band: $1.8M–$1.9M | Value Drivers: land size, dwelling condition, bushfire mitigation requirements
Bedrooms
4
Bathroom
2
Parking
2
Land
1.64 ha
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