15 Raglan Street, South Bathurst NSW 2795
15 Raglan Street, South Bathurst NSW 2795
Long-term tenant since 2009 | Quiet established pocket | No overlays | Strong rental yield
This property presents a compelling low-maintenance investment, distinguished by a single, reliable tenant in place for over a decade, signaling stable income and minimal management burden. Its clean regulatory position-free from bushfire, flood, or heritage overlays-reduces due diligence risk and holding costs. The three-bedroom house on a substantial 636m² block in a peaceful location also appeals directly to first-home buyers seeking space, making it a dual-market opportunity with a defensible income floor.
The primary risk is valuation compression; the guide price sits at the lower end of estimated ranges, suggesting a potential ceiling on immediate equity. However, the established tenancy provides immediate cash flow to service debt, and the lack of overlays protects against future special levies. For an investor, acquire and hold to benefit from secure yield. For an owner-occupier, the same features offer a move-in-ready home with a proven, peaceful locale. Proceed with confidence, but anchor your offer to the demonstrable rental income.
A direct comparable at 14 Raglan Street, with identical configuration and land size, carries an off-market estimate of $539,000. This supports the guide price for 15 Raglan Street as market-aligned, while its superior tenant history and recent on-market listing justify a premium within the stated range.
Detailed Independent Property Report prepared by PropCred Analyst team for 15 Raglan Street, South Bathurst NSW 2795
Checks found:
Value Risk
Liquidity Risk
2
Planning Risk
1
Income Risk
Execution Risk
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Market Insight
This suburb presents a stable entry point into the regional market, characterised by steady demand and consistent sales activity. Recent price trends indicate a period of measured growth, supported by a balanced market with typical selling periods. Investor interest is underpinned by solid rental yields, suggesting a reliable income profile. Future performance will hinge on broader regional economic drivers and the ongoing balance between housing supply and affordability pressures.
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PropCred Estimated Value
Bedrooms
3
Bathroom
1
Parking
1
Land
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