11 Parkes Street Girards Hill NSW 2480

11 Parkes Street Girards Hill NSW 2480
3-4 bed on 923sqm | dual street appeal | 4-car parking rare | school catchment edge The propertyโ€™s primary buying case rests on its unusually large 923sqm lot with four parking spaces, a configuration rare in Girards Hill that gives a buyer immediate positional leverage over standard 3-bedroom houses on smaller blocks. The flexible bedroom count (3 or 4) allows either a family with dedicated study or a downsizer seeking extra guest space, while the 2021 sale history suggests limited recent turnover in the street, reducing comparable supply. Its location within catchments for Albert Park Public School and The Rivers Secondary College adds long-term demand depth, particularly for owner-occupiers with school-aged children. The conflicting lot size data (one source reporting 9sqm) and the 85% owner-occupier street profile signal that a buyer must verify title measurements independently before exchange, as any error could materially alter land value. The median price gap between Domainโ€™s $740k estimate and property.com.auโ€™s $559k introduces valuation uncertainty, requiring a cautious offer strategy. For an investor, the 15% rental proportion suggests modest tenant demand, so owner-occupation or a long-hold strategy to capture future subdivision potential on the large lot offers the clearest commercial logic. Hold for land appreciation or renovate to lift bedroom count to four for resale arbitrage.

Independent, Unbiased Research Report for this property by PropCred Analyst teamย 

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Market Insight:

Girards Hill is a residential suburb of Lismore offering established housing and proximity to services. It attracts families and investors. Demand is driven by affordability and access to education and healthcare. Flood risk is a key constraint impacting buyer confidence. Price growth is volatile and risk-sensitive. It remains a challenged regional market.
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PropCred Estimated Value

Bedrooms

4

Bathroom

4

Parking

4

Land

923mยฒ

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