165 Red Hill Road Narrandera NSW 2700

165 Red Hill Road Narrandera NSW 2700
Rural holding near town | 28 hectares, 4-5 beds | Bushfire overlay present | NBN fixed wireless & 5G | Last sold 2017 for $325k This property offers a rare combination of scale and proximityโ€”28 hectares within Narrandera’s school and service catchment, with a substantial 433sqm residence. The configuration edge lies in the walk-in robes and ducted reverse-cycle air conditioning, which lift the house above basic rural stock. For a buyer seeking a lifestyle property with genuine separation but not isolation, this is competitively positioned. The estimated value of $926,000 against a 2017 purchase price of $325,000 reflects strong land value appreciation, but the rental estimate of $420-$505 per week suggests the house itself does not drive yield. The property serves best a buyer who will occupy it, not an investor seeking income. The bushfire overlay is the primary risk, imposing higher construction and insurance costs, and may limit future subdivision or development. The inconsistent bedroom and bathroom counts across listings indicate a need for physical inspection to confirm layout. The non-residential current land use classification requires verificationโ€”if it restricts dwelling use, the buyer’s position weakens. On opportunity, the 28 hectares could support small-scale agistment or horticulture, adding passive income beyond rent. The reliable NBN and 5G coverage support remote work, a growing demand driver. Hold this property as a long-term lifestyle base with optionality for partial land use diversification, not as a short-term trade.

Independent, Unbiased Research Report for this property by PropCred Analyst teamย 

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Market Insight:

Narrandera is a small agricultural town with limited housing demand outside the local population. The market is thin, with low transaction volumes and minimal external migration. Employment is concentrated in farming and local services. Infrastructure is basic. Price growth is generally flat with occasional small movements.
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PropCred Estimated Value

Bedrooms

5

Bathroom

10

Parking

10

Land

28.33 ha

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