21 Dugga Street, Peak Hill NSW 2869
21 Dugga Street, Peak Hill NSW 2869
3-bed house | 1,019 m² block | shed on site | regional rental yield near 6.8% | value-focused market
This property holds clear appeal for buyers seeking space and simplicity at a modest price point. The three-bedroom layout with a single bathroom and parking is conventional, but the land size is the standout feature—over a quarter-acre in a small regional town, offering room for sheds, gardens, or future extension. Its estimated rental return sits above the local median, which makes it particularly attractive to investors chasing income rather than capital growth. The house suits a first-time buyer wanting a foothold in the market, a downsizer after manageable single-level living, or an investor looking for a low-maintenance tenant base in a stable rural centre.
Value here may be shaped by the property’s age and finish, which are not clearly documented. The configuration appears to have shifted between listing records, suggesting possible renovations or inconsistent data—worth verifying on inspection. The absence of premium features like double brick or period detailing means the price will likely hinge on land size and basic functionality rather than charm. Local demand is modest, so resale may take longer than in busier centres, but the large block and shed add practical utility that could justify a premium if the house is in sound condition.
|| Comparable Sales: 23 Dugga Street sold at $210k; 108 Caswell Street sold at $285k | Property Price Band: $200k–$300k | Value Drivers: land size, shed presence, basic condition and layout
Detailed Independent Property Report prepared by PropCred Analyst team for 21 Dugga Street, Peak Hill NSW 2869
Checks found:
Value Risk
Liquidity Risk
2
Planning Risk
1
Income Risk
Execution Risk
2
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Market Insight
Positioned in NSW’s Central West, Peak Hill’s mature demographic profile—dominated by 50–69 year-olds, locally born and Anglican—shapes steady, price-sensitive demand. The house market is firming: median values sit near $248,000–$249,000, up roughly 11.9% annually on 18 recent sales, with weekly rents at $320. Yet days on market stretch from 81 to 120, reflecting slower turnover. Supply currently outweighs demand, limiting organic capital growth and giving buyers the upper hand; sellers face elongated campaigns unless priced realistically. No infrastructure or schooling catalysts are identified. The key constraint is affordability-driven buyer resistance, though prices remain well below the NSW state average of $1.21 million, preserving Peak Hill’s entry-level appeal.
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PropCred Estimated Value
Comparable Sales: 23 Dugga Street sold at $210k; 108 Caswell Street sold at $285k | Property Price Band: $200k–$300k | Value Drivers: land size, shed presence, basic condition and layout
Bedrooms
3
Bathroom
1
Parking
1
Land
1019m²
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