13 Grayson Avenue, Kotara NSW 2289
13 Grayson Avenue, Kotara NSW 2289
A 4-bedroom, 2-bathroom single-story house on a flat 519 m² block with two parking spaces, expanded from its original 2-bedroom configuration.
This property’s competitive edge lies in its transformation from a modest cottage into a spacious family home on a flat, usable block in a sought-after pocket of Kotara. The expanded layout of four bedrooms and two bathrooms is a rare configuration for the area, which is dominated by older, smaller cottages. This positions the house to serve families seeking a move-in-ready home without the immediate need for renovation, while the flat land retains future expansion or development potential. Its location in the heart of Kotara, with a leafy backdrop, offers a quiet, family-oriented setting that appeals to buyers upgrading from smaller homes or entering the suburb at a higher specification than what is typically available.
The price trajectory from a $790,000 sale in 2023 to a current guide of $1,950,000 reflects a substantial value uplift from the expansion and renovation. A buyer should weigh whether the current configuration and finishes fully justify this premium relative to other renovated homes in the area, as the original structure may still impose constraints. The smaller land size compared to neighboring properties may limit long-term subdivision potential, and the lack of modern finish details in listings suggests the quality of the renovation could be a key factor in price negotiations. Rental demand is moderate, but the yield at this price point may be lower than for smaller, unrenovated properties.
Detailed Independent Property Report prepared by PropCred Analyst team for 13 Grayson Avenue, Kotara NSW 2289
Checks found:
Value Risk
1
Liquidity Risk
1
Planning Risk
1
Income Risk
1
Execution Risk
2
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Market Insight
Kotara is a well-established, family-oriented suburb with a stable professional demographic driving sustained demand. This has supported robust recent price growth and a consistently active market. Its appeal as a desirable residential location with strong long-term performance underpins its position, though ongoing affordability pressures remain a key consideration for future growth.
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PropCred Estimated Value
Bedrooms
4
Bathroom
2
Parking
2
Land
519m²
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