15 Waitara Parade, Hurstville Grove NSW 2220
15 Waitara Parade, Hurstville Grove NSW 2220
5 bedrooms, 2 bathrooms, 2 car garage on 607sqm of land. Single level detached house with an in ground pool, ducted air conditioning, solar panels, and floorboards throughout. Positioned at 39 metres elevation with water views.
What is competitively strong here is the land size combined with the single level configuration and the elevation. Most houses of this size in the suburb are two storey, so a five bedroom home on a single level with a pool and water views is genuinely rare. The property sits in a blue ribbon pocket of Hurstville Grove, where the streets are established and the character is consistent. It serves the family buyer who needs five bedrooms but does not want stairs, and who values outlook and a peaceful environment over proximity to the station. The rental yield potential near 4 percent also signals strong demand from tenants if that becomes relevant.
The main factor to weigh is the bathroom count. The current listing shows two bathrooms, but historical records suggest three at the time of the last sale. If a bathroom was removed or converted, that may limit appeal for some buyers and could affect resale value relative to comparable homes. The land size variance between 605 and 607 square metres is negligible, but the elevation at 39 metres with water views is the primary value driver here. Buyers should confirm whether the views are protected from future development and whether the pool and solar system have been well maintained. These factors may influence how the property sits against expectations at this price point.
Detailed Independent Property Report prepared by PropCred Analyst team for 15 Waitara Parade, Hurstville Grove NSW 2220
Checks found:
Value Risk
1
Liquidity Risk
1
Planning Risk
2
Income Risk
2
Execution Risk
1
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Market Insight
Hurstville presents a compelling, transit-rich family hub with a diverse demographic profile. Demand is currently driven by investors and downsizers, capitalising on significant new unit development and robust rental yields. While house prices have shown recent stability amidst broader market adjustments, the established undersupply of detached homes against strong local fundamentals points to imminent upward pressure on all property values.
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PropCred Estimated Value
Bedrooms
5
Bathroom
2
Parking
2
Land
607m²
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