19 William Street, Wingham NSW 2429
19 William Street, Wingham NSW 2429
3/1/1 house | 1,012 m² block | generous land for the format | value-oriented market | mixed buyer pool
This house is configured as a straightforward 3/1/1 dwelling placed on a substantial 1,012 m² parcel, giving it a land position that is genuinely generous for its layout. The block size is the clear structural advantage. For buyers wanting a simple single-level home with room for a shed, gardens, or future extension, this kind of property is harder to find than the standard compact town lot. As a detached dwelling in a value-oriented regional market, it is best suited to owner-occupiers and downsizers, and it may also be attractive to renovators who can lift the internal presentation and resell at a premium. The property sits comfortably within Wingham’s mixed town character, where older cottages and upgraded homes trade side by side, so the value story here is driven by land and potential rather than finished presentation.
The main value question relates to condition and internal presentation. Given the market’s price dispersion, a dated interior may limit bidding to renovators, whereas a fresh kitchen and bathroom could shift the property toward the upper part of its realistic band. Flood-related planning controls are known to affect parts of Wingham, and if this lot is captured by an overlay, that might influence insurance costs and development feasibility. Buyers should verify tenure, build year, and overlay status before forming a firm view on price.
Detailed Independent Property Report prepared by PropCred Analyst team for 19 William Street, Wingham NSW 2429
Checks found:
Value Risk
1
Liquidity Risk
1
Planning Risk
2
Income Risk
1
Execution Risk
2
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Market Insight
Wingham, a rural NSW town near Taree, is positioned as an affordable entry point, with median house prices ranging from $539,500 for three-bedroom homes to $643,750 for four-bedroom, and units around $322,000–$326,500. Demand is underpinned by a tight vacancy rate of 0.65% and gross rental yields of 4.7–5.15% for houses and 5.1–5.69% for units. Annual house price growth varies sharply by source—from 4.13% to a strong 26%—while unit prices slipped 0.9% over the past year. Sales volumes range narrowly from 66 to 112 per annum, and days on market for houses span 47–103, indicating inconsistent momentum. Future drivers include active rural sales on roads like Wallaby Joe and Comboyne, but stock levels are rising—36 houses listed last month, up 33% year-on-year—and low unit turnover limits upside. Affordability remains a buffer, with prices well below NSW’s $1.2M median.
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PropCred Estimated Value
Comparable Sales: 10 Moon Street sold at $710,000 and 30 Isabella Street sold at $420,000 | Property Price Band: $500,000–$600,000 | Value Drivers: generous land size, condition, presentation
Bedrooms
3
Bathroom
1
Parking
1
Land
1012m²
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