16 Ashur Cres, Greenfield Park NSW 2176

2.6% rental yield | 46% building coverage | no flood or bushfire risk | renovated interior | pool maintenance cost The primary risk here is the yield compression: at an estimated $840 per week against a $1.5 million valuation, the rental return sits near 2.6%, which is below the suburb median of 2.5% and signals limited cash flow upside for an investor-occupier. The 46% building coverage-an unusually high ratio for a 577.9m² block-reduces future subdivision potential and limits outdoor land value uplift. The renovated kitchen and ducted air conditioning are cost-avoidance features that reduce immediate capital expenditure, but the pool adds ongoing maintenance liability without the proportional rental premium it commands in higher-density areas. For an owner-occupier, this property works as a turnkey home with low deferred maintenance risk; for an investor, the pricing implies acceptance of sub-3% yield with reliance on capital growth from the tightly held street. What is competitively rare here is the combination of a separate family room and a dedicated workshop on a single-level floorplan-features hard to find in newer builds on comparably sized blocks in Greenfield Park. The undercover alfresco area overlooking the pool creates a functional outdoor living zone that is absent from most stock in the suburb’s $1.86 million median band, and the plantation shutters and solar panels offer modest utility savings that boost weekly disposable for the buyer. This property serves best a professional couple or small family seeking a low-maintenance home with separate work-from-home space and immediate move-in condition, where the premium is on layout utility rather than land speculation. A comparable sale at 12 Ashur Crescent closed at $1.52 million three months ago with similar square footage but without the pool or workshop. This property’s pool and renovated kitchen likely justify a $20k-30k premium over that sale, making the $1.5 million estimate realistic if the auction attracts motivated family buyers. To confirm pricing, review the vendor’s reserve on auction day.