121A Morrisset Street, Bathurst NSW 2795
121A Morrisset Street, Bathurst NSW 2795
This 3-bedroom single-level house sits on a generous 670m² lot with a 28% building coverage, offering a 1 car space plus a carport. It is located in a suburb of established homes within the Bathurst Regional council area, with a confirmed flood overlay but no bushfire or heritage constraints.
What is competitively strong about this property is its land-to-building ratio, which is rare in established suburbs where similar blocks are increasingly subdivided. The generous lot provides immediate comfort and exciting future potential, making it particularly well-suited for families seeking space or investors looking for a property with room to add value over time. Its positioning within a neighbourhood of established homes suggests a stable character and good amenity access, with reliable NBN Fibre and 5G coverage adding practical appeal. The property serves best those who value a solid footprint in a mature suburb over a turnkey finish.
The flood overlay is the primary factor that may materially affect the property’s value and sale price, as it can influence insurance costs and buyer perception. While the property has no bushfire or heritage overlays, the flood risk might require careful due diligence regarding council requirements and potential mitigation measures. The estimated rental income of $525 per week provides a useful benchmark for investors weighing the property’s income potential against its asking price. Buyers should consider how the overlay might impact long-term resale and whether the generous land size offsets this constraint in their own valuation.
Detailed Independent Property Report prepared by PropCred Analyst team for 121A Morrisset Street, Bathurst NSW 2795
Checks found:
Value Risk
Liquidity Risk
1
Planning Risk
2
Income Risk
1
Execution Risk
2
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Market Insight
Bathurst offers a balanced market positioned near fair value, blending regional lifestyle with historical appeal. Demand is supported by its stable fundamentals, with house prices demonstrating strong recent momentum while units offer more accessible entry points. The market exhibits healthy conditions with solid rental yields, though it remains sensitive to broader economic factors and interest rates. Future growth is underpinned by its established character, yet affordability relative to local incomes presents a key consideration for sustained momentum.
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PropCred Estimated Value
Bedrooms
3
Bathroom
1
Parking
1
Land
670m²
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