23 Middle Tree Close, Hamlyn Terrace NSW 2259
23 Middle Tree Close, Hamlyn Terrace NSW 2259
Large family home with pool | Bushfire overlay flagged | Bedroom count inconsistent | 624m² block near new schools
This property presents as a competitively positioned family home in a growth corridor, where the combination of a 624m² block, pool, solar, and three-car accommodation is uncommon for the price point near $1.1m. The configuration suits buyers seeking a turnkey residence with space for multiple vehicles and children, particularly those prioritising proximity to Porters Creek Public School and Wadalba Community School. The building coverage of 55% and 343m² floorplan indicate generous living areas that should appeal to owner-occupiers rather than investors, given the estimated rental yield sits below typical market expectations for the area.
The primary risk is the bushfire overlay, which may affect insurance premiums and future renovation approvals, while the conflicting flood and heritage overlay data demands a formal council check before any offer. The bedroom count discrepancy between 4 and 5 suggests either a non-compliant conversion or a data error, requiring physical verification. On opportunity, the property’s position in a family-oriented pocket with strong 5G connectivity and recent $920,000 sale history in 2021 implies some equity growth potential, though the current asking price leaves limited short-term upside for a buyer seeking capital gains.
Detailed Independent Property Report prepared by PropCred Analyst team for 23 Middle Tree Close, Hamlyn Terrace NSW 2259
Checks found:
Value Risk
1
Liquidity Risk
Planning Risk
1
Income Risk
1
Execution Risk
2
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Market Insight
Hamlyn Terrace is a high-growth, family-centric suburb on the Central Coast, characterised by strong owner-occupier demand from young professional families. This demographic is drawn to its established family-friendly environment and proximity to essential amenities. The housing market exhibits robust and sustained capital growth, supported by tight rental conditions and rising rents. Future performance is underpinned by its proven long-term growth trajectory and ongoing demand, though the market is constrained by a notably illiquid and undersupplied unit segment.
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PropCred Estimated Value
Bedrooms
5
Bathroom
2
Parking
3
Land
624m²
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