22 Eveleigh Road, Gunnedah NSW 2380

22 Eveleigh Road, Gunnedah NSW 2380
Rural acreage | 1.92 acres | lifestyle family home | Gunnedah pocket | strong storage potential This property occupies a rare position in Gunnedah’s rural-residential market, offering just under two acres of land in a pocket defined by larger detached houses and family-oriented layouts. The land size alone sets it apart from standard suburban stock, giving buyers genuine space, privacy, and room for outdoor living, sheds, or future expansion. It serves best a family or lifestyle buyer seeking a quieter, semi-rural setting without losing town access, and the configuration suggests a single-storey, low-maintenance home that suits growing households or those wanting room to move. Value may be shaped by how the house compares to newer builds in the immediate area, particularly in terms of finishes, layout efficiency, and the condition of internal spaces. The large block offers potential for subdivision or additional structures, but that depends on council planning rules and title constraints. Buyers should weigh the age of the home against the land’s long-term appeal, as the acreage itself may carry more weight than the dwelling in price discussions. || Comparable Sales: 23 Eveleigh Road sold July 2025, four-bedroom family home on larger land | Property Price Band: $1.0M–$1.1M | Value Drivers: land size, home condition, layout suitability for family living
Detailed Independent Property Report prepared  by PropCred Analyst team for 22 Eveleigh Road, Gunnedah NSW 2380
Checks found:
Value Risk
Liquidity Risk ! 1
Planning Risk 2
Income Risk 2
Execution Risk 2
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Market Insight

Gunnedah, a significant NSW New England regional centre, sees demand from a mature demographic: a high share of over-55s and many couples with children. Occupations skew to machinery operators, trades, and professionals. Median house prices are $535,000 with 15.05% annual growth; units near $400,000 rising 8.84%. Houses sell in 50 days, with 281 annual sales. Rental yields of 5.48% (houses) and 5.94% (units) support investment. However, the market is overvalued above trend. Rate sensitivity and mortgage stress are risks. Transaction momentum and sound yields underpin demand, but affordability constraints may temper growth.
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PropCred Estimated Value

Comparable Sales: 23 Eveleigh Road sold July 2025, four-bedroom family home on larger land | Property Price Band: $1.0M–$1.1M | Value Drivers: land size, home condition, layout suitability for family living

Bedrooms

5

Bathroom

2

Parking

2

Land

1.92 acres

Research & Review Prepared by Brian Moon, Analyst · Reviewed by Matt Proctor, Principal Analyst
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