19 Wellesley Court, Raglan NSW 2795
19 Wellesley Court, Raglan NSW 2795
3 bed cul-de-sac family home | quiet & level block | recent rental history | granite kitchen & air conditioning
This house presents a competitively strong proposition for a small family or investor seeking a low-maintenance home in a quiet, established setting. Its position on a level, fully-fenced block in a cul-de-sac is a genuine rarity that enhances security and liveability. The recent rental at $490 per week demonstrates immediate income capability, while the quality finishes and reverse-cycle air conditioning signal a property that has been maintained for modern comfort, not just basic shelter.
Proceed with the understanding that the primary risk is valuation ambiguity due to sparse recent comparable sales data, which complicates securing finance and negotiating price. The opportunity lies in acquiring a turnkey property that serves both as a steady rental and a future primary residence with minimal capital outlay. Our judgment is to treat this as a long-term hold, leveraging its rental appeal now for stability while its cul-de-sac positioning accrues value over time.
Recent sales context is limited, with the property itself last transacting in 2021. One record notes a figure around $380k, though its nature is unclear. This lack of precise, recent comparables requires a conservative valuation approach. For a buyer, this means establishing a firm price ceiling based on demonstrable rental yield and replacement cost, rather than speculative growth.
Detailed Independent Property Report prepared by PropCred Analyst team for 19 Wellesley Court, Raglan NSW 2795
Checks found:
Value Risk
Liquidity Risk
2
Planning Risk
2
Income Risk
Execution Risk
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Market Insight
Raglan is a rural suburb positioned as an affordable entry point near Bathurst, with demand driven by families and trades professionals seeking larger land parcels. The market is characterised by strong recent price growth and low turnover, creating competitive conditions for a limited supply of houses. Future growth is supported by steady population increases, though the market’s sensitivity to interest rates is a key constraint given the high proportion of mortgaged owners.
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PropCred Estimated Value
Bedrooms
3
Bathroom
1
Parking
1
Land
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