13 Yarrawah Cres, Bourkelands NSW 2650
13 Yarrawah Cres, Bourkelands NSW 2650
4 beds on 756-794mยฒ | Bourkelands family pocket | 80% owner-occupied street | school-catchment clarity needed
The propertyโs competitive advantage lies in its lot size range and four-bedroom configuration within a street where 80 percent of residents are owners, a signal of stable tenure and lower turnover risk for a buyer. This house suits a family prioritising primary and secondary school proximity, with Red Hill Public and Mount Austin High within 1.6 kilometres, though zone confirmation is required. The absence of recent auction sales in the suburb suggests a negotiable vendor, giving a buyer room to secure a discount below the median price guide.
The primary risk is the lack of recent comparable sales on the street, making valuation dependent on broader suburb data where only 32 houses have sold this year. A buyer should verify school catchment boundaries directly, as errors here reduce resale appeal. The opportunity is to negotiate on the basis of the suburbโs low clearance rate, using the 2013 last-sale date to anchor due diligence on condition and any deferred maintenance. Hold this property as a long-term family home, not a short-term flip.
Independent, Unbiased Research Report for this property by PropCred Analyst teamย
Market Insight:
Bourkelands is a residential suburb within the Wagga Wagga region, demonstrating a stable market with consistent sales activity. Demand is supported by a significant rental population, contributing to low vacancy rates and solid rental yields, particularly for units. Recent price growth for houses has been positive, though the market is currently considered overvalued relative to its long-term trend. Future growth is underpinned by established transaction history, while key constraints include limited current listings for sale and potential affordability pressures from elevated prices.