15 Broom Place, St Andrews NSW 2566
15 Broom Place, St Andrews NSW 2566
4 bed family house on 655sqm | Sold 2023 at $927k | Typical suburban lot for St Andrews | Estimated rent $855pw suggests 4.8% yield
This property is a competitively positioned family house on a mid-sized 655sqm lot, offering four bedrooms and two bathrooms in a configuration that matches the dominant owner-occupier demand in St Andrews. The 159sqm internal area is standard for a detached home in this pocket, and the block size places it within the typical range for the area, making it suitable for households seeking room to grow without moving into prestige territory. The estimated rental yield of roughly 4.8% is reasonable for a suburban house, and the property sits within the catchment for local public schools, which adds to its appeal for family buyers. This house serves best as a long-term family home or a stable rental investment in a low-density suburb.
The 2023 sale price of $927,000 provides a recent transaction benchmark, but the current market conditions may have shifted value since then. The absence of explicit condition, aspect, or building age details means a buyer should verify these through inspection, as they may affect the property’s relative appeal compared to similar houses. The lack of premium amenity or open-space adjacency may limit capital growth potential in a softer market, though the straightforward planning context and absence of overlay constraints are neutral positives. A buyer should weigh these factors against personal requirements when forming a view on price.
Detailed Independent Property Report prepared by PropCred Analyst team for 15 Broom Place, St Andrews NSW 2566
Checks found:
Value Risk
2
Liquidity Risk
Planning Risk
2
Income Risk
1
Execution Risk
2
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Market Insight
St Andrews is a family-focused suburb in Sydney’s southwest growth corridor, offering relative affordability with strong transport links. Demand is driven by first home buyers and young families seeking value, supported by a high owner-occupier presence. The market exhibits robust capital growth and houses sell quickly, indicating sustained buyer interest. Future growth is underpinned by its position in the development corridor, though rising prices present an affordability constraint and a tight rental market introduces sensitivity to interest rate changes.
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PropCred Estimated Value
Bedrooms
4
Bathroom
2
Parking
1
Land
655m²
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