2 Kurrajong Cres, Gloucester NSW 2422

2 Kurrajong Cres, Gloucester NSW 2422
Large residential block | compact two-bedroom house | no overlay constraints | recent market interest This property offers a substantial land holding of nearly 1,000 square metres, which is notably generous for a two-bedroom house in Gloucester. The modest 116-square-metre dwelling footprint creates a clear separation between land and building, a configuration that appeals to buyers seeking space for future extension, landscaping, or a secondary dwelling, though feasibility under Mid-Coast Council rules needs to be established. The absence of detected bushfire, flood, or heritage overlays is favourable for planning flexibility, and the property sits within catchment for both the local primary and high schools, which may suit a family buyer. Recent market activity suggests solid demand, though the exact sale status remains unresolved. The main constraint is the unresolved price picture, as listing and estimated values differ across sources, meaning fair value cannot be relied on from the visible evidence alone. One practical opportunity is the potential to expand the living area or add a second dwelling on the large block, but this requires verification of zoning, easements, and council permissions. The unresolved question is whether the house’s condition and renovation history justify the current price guide, or whether the land value is the primary driver.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 2 Kurrajong Cres, Gloucester NSW 2422
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Market Insight:

Gloucester is a tightly held regional lifestyle market, with demand split evenly between locals and city escapees from Newcastle and Sydney. This competition for limited stock has driven strong recent price growth, with the market regaining momentum following interest rate cuts. Future performance hinges on this sustained demand from tree-changers, though the extremely low volume of annual sales and constrained supply present both a support for values and a key constraint for buyers.
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PropCred Estimated Value

Bedrooms

2

Bathroom

1

Parking

1

Land

967mยฒ

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