111 Gibson Street, Goulburn NSW 2580
111 Gibson Street, Goulburn NSW 2580
3 bed | 1 bath | 2 car | 675mยฒ block | high land-to-building ratio | school catchment | 5G
The propertyโs primary buying case rests on its unusually low building coverage of 16 percent, which leaves over 560 square metres of usable land for extension, landscaping, or a secondary dwelling subject to council approval. This configuration is rare in established Goulburn residential streets and gives a buyer positional leverage over standard 3โbedroom homes on similarโsized blocks. The house itself is modest, but the landโheavy profile suits a buyer seeking future value uplift through renovation or subdivision potential, and the school catchment to Goulburn Public and Mulwaree High anchors family demand.
The principal risk is the single bathroom, which limits immediate appeal to families and may cap resale velocity unless upgraded. The modest 111โsquareโmetre building footprint and 1970sโera layout likely require capital outlay to reach contemporary standards, and the estimated $670,000 to $810,000 value range already reflects some premium for the land rather than the dwelling. On opportunity, the 5G connectivity and fibreโtoโtheโnode NBN support remote work, and the 675โsquareโmetre lot with 6โmetre roof height suggests scope for a costโeffective second storey. Hold this property for its land bank position; renovate selectively to improve bathroom count and liveability, then reassess after three to five years for subdivision or sale.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 111 Gibson Street, Goulburn NSW 2580
Market Insight:
Goulburn offers a compelling blend of rural charm and connectivity, appealing to families and first-home buyers seeking relative affordability and larger properties. Demand is underpinned by a strong community and a market dominated by houses, attracting long-term investors. Recent house price growth is robust, though the unit market has softened, with houses selling steadily. Future stability is supported by infrastructure development, yet the market’s limited apartment supply and sensitivity to broader economic factors present key considerations.