23 Limekilns Road, Kelso NSW 2795
23 Limekilns Road, Kelso NSW 2795
Price risk on upper estimate | dated renovation | no recent comparable sales | rural outlook subject to change
The property carries a measurable price risk at the upper end of the asking range. No recent sales data exists for direct comparison, and the renovation—while fresh—is limited to the bathroom and floor coverings, leaving the kitchen, wiring, and envelope untouched. A buyer paying above $670,000 absorbs execution risk on unimproved areas and a rural outlook that may shift with development. The opportunity lies in the land: 873m² in a school-walkable pocket with no overlays means future subdivision or extension is viable. Hold this for term or improve the rear wing.
What makes this house competitively rare is the lot size and zoning within walking distance of two public schools. Most properties at this price point in Kelso trade on smaller blocks or without the wide rear deck that captures the rural aspect. The house suits a family seeking immediate move-in condition with room to expand, or an investor wanting a 4.5% rental yield on a land-heavy holding. The next step is a building and pest inspection to cost the unrenovated areas, then a comparable search across similar lot sizes within 500 metres of those schools.
Detailed Independent Property Report prepared by PropCred Analyst team for 23 Limekilns Road, Kelso NSW 2795
Checks found:
Value Risk
Liquidity Risk
2
Planning Risk
1
Income Risk
1
Execution Risk
2
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Market Insight
Kelso is a family-centric suburb with strong demand driven by professionals and established households seeking established residential areas and new estate living. Recent price growth reflects steady market conditions, though extended selling periods indicate some buyer selectivity. Future demand is anchored by its family-oriented demographic profile, while affordability constraints and limited stock present key considerations for the market’s trajectory.
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PropCred Estimated Value
Bedrooms
3
Bathroom
1
Parking
1
Land
873m²
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