22 Bourbon Street, Wyoming NSW 2250
22 Bourbon Street, Wyoming NSW 2250
22 Bourbon Street, Wyoming is a four-bedroom, one-bathroom house on 645m² of land, with two car spaces and a north-facing aspect. The building is estimated at around 51 years old, with internal living space of 165m². It sits on a level block at 19m elevation, with no flood or bushfire overlays detected.
This property occupies a practical position within Wyoming, a suburb that offers established residential appeal without commanding the premium of coastal or lakefront locations. The north-facing aspect is a genuine advantage, particularly for natural light and outdoor living, and the land size is competitive for the area. The estimated rental yield of 3.86% suggests reasonable demand from tenants, which may appeal to an owner-occupier who values future flexibility. The property is best suited to a buyer seeking a solid family home with room to personalise, rather than a turnkey or prestige offering. Its age and single-bathroom configuration position it as a property with scope for improvement, which may attract those looking to add value over time.
The single bathroom is a material constraint for a four-bedroom house and may limit appeal among families who prioritise convenience. The 2008 sale price of $310,000 provides a long-term benchmark, but without recent comparable sales, forming a precise view on current value requires caution. The building’s age may introduce maintenance considerations, particularly around roofing, plumbing, or insulation. The estimated value range of $900,000 to $1.18 million is broad, and the final price may depend on how buyers weigh the need for updates against the land size and location. A buyer should consider whether the property’s strengths—land, aspect, and suburb stability—outweigh the compromises in configuration and condition.
Detailed Independent Property Report prepared by PropCred Analyst team for 22 Bourbon Street, Wyoming NSW 2250
Checks found:
Value Risk
✓
Liquidity Risk
✕
2
Planning Risk
✕
2
Income Risk
✓
Execution Risk
✕
2
Market Insight
Wyoming is a family-oriented suburb with strong owner-occupier appeal, characterised by a professional demographic and a high proportion of mortgaged households. Demand is driven by established families, supported by significant long-term capital growth and rising household incomes. The market demonstrates robust momentum with consistent price appreciation and rapid sales, indicating sustained buyer competition. Future growth is underpinned by these demographic and income trends, though the prevalence of mortgage commitments suggests sensitivity to interest rate changes.
PropCred Estimated Value
Bedrooms
4
Bathroom
1
Parking
2
Land
645m²
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