1063 Pimlico Road, Wardell NSW 2477
1063 Pimlico Road, Wardell NSW 2477
Character-rich country house | 733m² block with 268m² built area | huge machinery shed | edge-of-town position near school and shops | flood and bushfire overlays present.
This property offers a rare configuration advantage: a large, character-filled home on a generous block with a substantial machinery shed, providing immediate utility for storage, hobbies, or small-scale rural work. The multiple living areas and sunroom add functional space rarely found at this price point, making it a strong option for young families or first-home buyers seeking value in a quiet setting within walking distance to town and school. Its edge-of-town positioning near Ballina Coast High School catchment further supports long-term demand.
The flood and bushfire overlays are material risks that may affect insurance costs and resale appeal, but they also limit competition from risk-averse buyers, creating a potential value opportunity for informed purchasers. The rental estimate of $770 per week suggests solid yield potential if not occupying. This property is best held as a long-term family home or as a buy-and-hold rental, with the shed adding flexibility for future subdivision or workshop use.
Detailed Independent Property Report prepared by PropCred Analyst team for 1063 Pimlico Road, Wardell NSW 2477
Checks found:
Value Risk
2
Liquidity Risk
1
Planning Risk
1
Income Risk
1
Execution Risk
2
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Market Insight
Wardell is a tightly held regional suburb with a mature demographic profile, where outright ownership is common and turnover is low. Demand is anchored by established residents and trades-based households, supporting a market characterised by very strong recent capital growth. This robust price appreciation, coupled with a critically low vacancy rate and constrained stock levels, points to sustained pressure. However, this momentum is tempered by household incomes that lag the regional benchmark, presenting an affordability consideration for future growth.
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PropCred Estimated Value
Bedrooms
2
Bathroom
1
Parking
1
Land
733m²
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