16 Horsley Drive, Horsley NSW 2530
16 Horsley Drive, Horsley NSW 2530
Compact 3-bed with pool | Dapto catchment family appeal | 581m² site understated | $635/wk rent signal | demand from investors/starters
The house offers a practical footprint with a rare backyard pool, giving it a lifestyle edge over more basic homes in the corridor. It sits in an established residential pocket within the Dapto school catchments, serving first-home buyers who want a manageable property and investors drawn to the steady rental return. The 95m² interior is functional rather than generous, but the land-to-building ratio leaves scope for future additions or outdoor living improvements, which strengthens its appeal in a suburb where family homes compete on space and yard quality.
Condition and presentation may materially affect the final price, as interior finishes are unverified and could be original or updated. The pool might deter buyers who prefer low-maintenance yards, yet it adds recreational value. The compact internal area may limit appeal to families needing larger living spaces, though the 581m² block offers potential for extension, subject to council approval. Proximity to Dapto services and local transport likely supports demand, but the pace of market movement in the area remains uncertain.
Detailed Independent Property Report prepared by PropCred Analyst team for 16 Horsley Drive, Horsley NSW 2530
Checks found:
Value Risk
2
Liquidity Risk
1
Planning Risk
2
Income Risk
1
Execution Risk
2
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Market Insight
Horsley, near Dapto in the Illawarra, is a family-oriented suburb: 52% of households are couples with children, 30% of residents are under 19, and 52% of people are purchasers. Demand is driven by professionals, clerical workers, and tradespeople, supported by childcare services and road access on Bong Bong Road. The house market is moderately liquid—183 sales in the past year—while units are scarce with only 11 sales. Median house prices range from $890,000 to $930,000, with annual growth between 0.91% and 5.6% depending on the measure. Houses rent for a median $750 weekly, yielding 4.15%; units rent at $525, yielding 4.56%. Three and four-bedroom houses sell quickly, around 26-27 days on market, but five-bedroom homes take 81 days. Future growth relies on steady family demand and relative affordability against Sydney, but constraints are clear: the $900,000-plus entry point stretches buyers, supply is heavily tilted to houses, and rate sensitivity remains high.
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PropCred Estimated Value
Comparable Sales: 161 Horsley Drive (5-bed, $799k, 2021) | Property Price Band: $800K–$900K | Value Drivers: pool, block size, layout
Bedrooms
3
Bathroom
1
Parking
1
Land
582m²
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