2/39 Tyrrel Street, Flinders NSW 2529
2/39 Tyrrel Street, Flinders NSW 2529
3 bed townhouse | 630m² parcel | 4.9% gross yield | No overlay risk | Family catchment
This townhouse holds a rare combination in Flinders: a full 630m² land holding with medium-density form. That land size rivals many detached houses in the suburb, giving you private outdoor space and future flexibility without the maintenance burden of a standalone home. The 3-bed, 2-bath, 2-car layout suits families and downsizers alike, and the rental estimate of $760 per week suggests strong tenant demand in a coastal suburb with schools, marina, and shopping nearby. The absence of bushfire, flood, or heritage overlays removes hidden compliance costs, making this a straightforward purchase for owner-occupiers or investors seeking steady cash flow.
The value may hinge on how the townhouse sits within the strata complex—whether it’s ground-level, split-level, or has private courtyard access, as these factors affect liveability and resale appeal. The 630m² lot is unusually generous for a townhouse, which might mean shared outdoor space or a larger individual yard; this could influence how buyers compare it to detached houses nearby. Condition and finishes will matter most, as the suburb’s stock varies from older, basic builds to renovated properties. The implied yield of roughly 4.9% is solid for the area, but price growth may depend on whether the property’s layout maximises the land’s potential.
|| Comparable Sales: 38A Tyrrel Street (5-bed house, $1.42M) and 40 Tyrrel Street (860m² block, price undisclosed) | Property Price Band: $750K–$850K | Value Drivers: Land size, townhouse condition, and layout efficiency within the strata complex.
Detailed Independent Property Report prepared by PropCred Analyst team for 2/39 Tyrrel Street, Flinders NSW 2529
Checks found:
Value Risk
Liquidity Risk
2
Planning Risk
2
Income Risk
2
Execution Risk
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Market Insight
Flinders is a tightly held, family-oriented suburb with strong owner-occupier appeal, evidenced by its high proportion of established households. Demand is primarily driven by local professionals and tradespeople seeking family homes, supported by solid infrastructure and parklands. The market has demonstrated robust capital growth, with houses appreciating significantly, and conditions remain active with competitive sales volumes. Future growth is underpinned by sustained demographic demand, though affordability pressures and limited available stock present notable constraints on supply.
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PropCred Estimated Value
Comparable Sales: 38A Tyrrel Street (5-bed house, $1.42M) and 40 Tyrrel Street (860m² block, price undisclosed) | Property Price Band: $750K–$850K | Value Drivers: Land size, townhouse condition, and layout efficiency within the strata complex.
Bedrooms
3
Bathroom
2
Parking
2
Land
630m²
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