22 The Parkway, Balgownie NSW 2519

22 The Parkway, Balgownie NSW 2519
4-bed family house | 184 mยฒ floor area | 558 mยฒ block | strong family suburb appeal | limited bathroom count This propertyโ€™s competitive strength lies in its generous internal footprint of 184 mยฒ, which is substantial for a family home in this part of Balgownie. The four-bedroom, three-bathroom configuration, combined with two-car parking and a large kitchen with combined meal areas, positions it well for family buyers or upgraders seeking a detached house on a mid-sized block. The 558 mยฒ lot size places it in the upper-middle range of local stock, offering a balance between indoor space and outdoor potential without the maintenance demands of a larger block. The property is best suited to households wanting a modern, roomy family home in a suburb with strong school catchment access and established residential character, where demand for four-bedroom houses with multiple bathrooms and generous floorplans remains consistent. The value may be influenced by the fact that the property has fewer bathrooms than some comparable homes in the street, which could narrow its appeal to buyers prioritising ensuite or guest facilities. The last sale in February 2020 provides a reference point, but the current estimated value of $1.5mโ€“$1.6m should be weighed against the lack of a confirmed renovation history or detailed finish schedule. The propertyโ€™s floor area and lot size are solid, but the exact aspect, slope, or orientation are not stated, and these factors might affect light, privacy, or extension feasibility. Buyers should consider whether the existing layout and finishes align with their expectations, as the absence of verified upgrades could mean the property offers value if a refresh is acceptable, or a premium if a higher-spec finish is desired.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 22 The Parkway, Balgownie NSW 2519
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Market Insight:

Balgownie offers established suburban living within the Illawarra region, appealing for its proximity to natural attractions. The market demonstrates stable house price conditions with moderate growth, while unit values show stronger recent momentum. Demand is supported by solid rental yields, with houses transacting efficiently, indicating consistent buyer interest. Future growth will likely hinge on broader regional infrastructure and amenity enhancements, though limited sales volume suggests a tightly held market which can constrain supply.
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PropCred Estimated Value

Bedrooms

4

Bathroom

3

Parking

2

Land

558mยฒ

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