14 Myrtle Drive, Badagarang NSW 2540

14 Myrtle Drive, Badagarang NSW 2540
Large family house in growth area | Strong rental demand | Limited comparable sales | Higher price point for street This property presents as a competitively sized family home within a fast-growing estate, offering a larger building footprint and dual car accommodation than newer duplex stock. It serves buyers seeking established space over brand-new finishes, positioned in a suburb with demonstrated rental appetite. The absence of detailed condition reports necessitates a cautious inspection to assess value relative to its premium. The primary risk is pricing validation, given the direct street comparison to a significantly lower-priced, new duplex. This gap demands scrutiny of the property’s condition and premium justification. The opportunity lies in securing a larger, standalone house in an expanding location, with solid rental yields supporting an investment hold. Proceed only after a forensic comparison to recent sales, as the listed price appears ambitious against immediate alternatives. Recent Badagarang sales indicate a broad market: – 4 Spitfire Street: $1,114,811 for 405mΒ² land, 233mΒ² building. – Lot 412 Taurus Street: $1,222,205 for 499mΒ² land, 195mΒ² building. – 11 Wirraway Boulevard: $1,295,000 for 501mΒ² land. This propertyΒ’s quoted price sits at the mid-point of these comparables, yet its smaller land size compared to higher-priced sales requires the building size and condition to carry the value.

Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ 

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Market Insight:

Badagarang presents a compelling entry point for buyers seeking North Coast exposure, with its house market demonstrating robust annual growth. Demand is underpinned by the region’s broader rental crisis, where chronic undersupply and significant declines in affordable stock have driven strong rental appreciation. This dynamic, coupled with a relatively low sales volume indicating tightly held stock, supports a firm market. Future growth is intrinsically linked to these persistent supply constraints, though the market’s sensitivity to regional affordability pressures remains a key consideration for sustained momentum.
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PropCred Estimated Value

Bedrooms

Bathroom

Parking

2

Land

506mΒ²

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