15 Frances Street, Gloucester NSW 2422
15 Frances Street, Gloucester NSW 2422
3 bed house | 613 m² block | 120 m² floor area | modest residential pocket | 2014 sale at $183k
This property offers a straightforward detached house on a moderately sized 613 m² block, with three bedrooms and one bathroom in a compact 120 m² floorplan. Its strength lies in being a standard residential house in Gloucester’s more traditional township setting, rather than on the semi-rural fringe. It is best suited to owner-occupiers, downsizers, or small families looking for a manageable home with a modest yard, as the configuration and lot size align with typical demand in this market. The 2014 sale at $183,000 provides a tangible historical benchmark, though current conditions have shifted.
The price may be influenced by the house’s age and condition, as no build year, renovation history, or material details are confirmed. The 120 m² floor area is modest for a three-bedroom house, which might limit appeal for buyers seeking more space. Orientation, slope, or easements on the 613 m² block could affect livability or future use, so a physical inspection is advisable. These factors should be weighed when forming a view on value.
Detailed Independent Property Report prepared by PropCred Analyst team for 15 Frances Street, Gloucester NSW 2422
Checks found:
Value Risk
✓
Liquidity Risk
✕
2
Planning Risk
!
1
Income Risk
✓
Execution Risk
!
1
Insight: Gloucester NSW 2422
Gloucester is a tightly held regional lifestyle market, with demand split evenly between locals and city escapees from Newcastle and Sydney. This competition for limited stock has driven strong recent price growth, with the market regaining momentum following interest rate cuts. Future performance hinges on this sustained demand from tree-changers, though the extremely low volume of annual sales and constrained supply present both a support for values and a key constraint for buyers.