22 Daphne Street Barrack Heights NSW 2528

22 Daphne Street Barrack Heights NSW 2528
3-bed home, 569sqm block | No bushfire, flood or heritage risk | Detached garage with bathroom a rare add | Price sits above valuation range The property is priced above its estimated value range of $860,000Β–$917,000, which introduces a premium of $32,000 to $89,000 for the buyer at entry. The detached garage adapted with its own bathroom is an uncommon feature that provides flexible use as a workspace, rental potential, or guest accommodation, but it does not fully offset the price gap. A prudent buyer should negotiate toward the upper end of the valuation range, as the property is best suited for owner-occupation rather than investment, given the rental yield of $745 per week is below the current market asking. The house is competitively positioned in Barrack Heights with three living areas and timber flooring, which are sought after for families, yet the block size at 569sqm is only moderate for the area. The reliable 5G coverage and NBN FTTN support modern living needs without being prime drivers. This property serves best a buyer seeking a turnkey family home with added flexible space, but it requires disciplined negotiation to avoid paying for the agentΒ’s pricing hope. The first step is to commission a building and pest inspection to confirm the garage conversionΒ’s structural integrity, as that feature drives the propertyΒ’s unique value.

Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ 

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Market Insight:

Barrack Heights presents as an accessible coastal suburb with a stable, long-term ownership culture. Demand is anchored by established residents, including trades and service workers, alongside a significant demographic of outright owners and mature households. Recent price growth reflects this steady demand, with a market characterised by efficient transaction times. Future performance is underpinned by consistent long-term capital growth, while the limited apartment supply and focus on houses suggest a resilient, though less speculative, market environment.
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PropCred Estimated Value

Bedrooms

3

Bathroom

1

Parking

1

Land

570mΒ²

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