13A Myrtle Cres, Aberglasslyn NSW 2320

13A Myrtle Cres, Aberglasslyn NSW 2320
4 bedrooms | master with ensuite and walk-in robe | solar panels | 4.47% rental yield | bushfire and flood overlay detected The propertyโ€™s configuration,four bedrooms with a master ensuite and walk-in robe, plus two garage spaces,is uncommon on a compact 365mยฒ block, giving it a clear edge for young families or investors targeting the lower end of the four-bedroom market in Aberglasslyn. The 4.47% rental yield, supported by consistent leasing history at $350โ€“$360 per week in prior years, signals strong tenant demand in a suburb with 35% rental properties, making this a viable buy-and-hold proposition. Solar panels and FTTP connectivity add modest operational savings and appeal, but the primary buying case rests on the houseโ€™s ability to deliver above-average rental income relative to its price range. The bushfire and flood overlays are the material risks, potentially increasing insurance costs and limiting future resale pool to buyers who accept those constraints. The 2019 purchase price of $420,000, compared to the current $800,000โ€“$834,000 estimate, reflects significant capital growth, but the overlays cap further upside unless mitigated by council-approved improvements. For a buyer, the opportunity lies in negotiating a discount below the estimate to offset the overlay risk, then holding for steady rental cash flow rather than speculative appreciation.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 13A Myrtle Cres, Aberglasslyn NSW 2320
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Market Insight:

Aberglasslyn is a family-oriented suburb offering relative affordability within the Hunter region, characterised by detached housing and owner-occupiers. Demand is driven by families seeking accessible, established residential living, supported by a history of steady capital appreciation. The market demonstrates robust growth with houses selling efficiently, indicating strong seller sentiment. Future stability appears anchored to its long-term growth trend, though its appeal hinges on maintaining its affordability advantage against broader state pressures.
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PropCred Estimated Value

Bedrooms

4

Bathroom

2

Parking

2

Land

365mยฒ

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