131 Hillcrest Avenue, Hurstville Grove NSW 2220
131 Hillcrest Avenue, Hurstville Grove NSW 2220
1940 built detached house|3-2-1 on 499 sqm|established low density suburb|character offering with land potential|suitable for family or renovation
It is regarded as a detached house built in 1940, with three bedrooms, two bathrooms, and one parking space being provided on a 499-square-metre lot. It is situated within Hurstville Grove, an established low-density suburb known for its residential character. The land size is considered generous by modern standards, with scope for future enhancement or expansion being offered. The age of the building is associated with solid construction, and potential for restoration or redevelopment is inferred. This property is best suited to families who are seeking a foothold in a sought-after area or investors who are eyeing land value in a stable market. Its configuration is typical of older homes in the region, but the land component is seen as a clear competitive advantage in a suburb where detached houses are increasingly rare. The absence of recent renovation details is interpreted as a blank canvas for personalisation, which is often a draw for those wanting to add their own stamp.
Value may be influenced by the age of the structure, as original features could require updating or maintenance. The lands potential for subdivision or development is considered a factor that might affect long-term appeal, though no zoning changes are indicated. Being in a well-established area, the propertys price is likely supported by demand for detached housing, but competition from newer builds or units could moderate growth. Buyers are advised to weigh the cost of necessary upgrades against the intrinsic land value when forming a price view.
Detailed Independent Property Report prepared by PropCred Analyst team for 131 Hillcrest Avenue, Hurstville Grove NSW 2220
Checks found:
Value Risk
1
Liquidity Risk
2
Planning Risk
1
Income Risk
2
Execution Risk
1
URL has been copied successfully!
Market Insight
Hurstville presents a compelling, transit-rich family hub with a diverse demographic profile. Demand is currently driven by investors and downsizers, capitalising on significant new unit development and robust rental yields. While house prices have shown recent stability amidst broader market adjustments, the established undersupply of detached homes against strong local fundamentals points to imminent upward pressure on all property values.
URL has been copied successfully!
PropCred Estimated Value
Bedrooms
3
Bathroom
2
Parking
1
Land
499m²
URL has been copied successfully!