23 Winnell Court, Thurgoona NSW 2640

23 Winnell Court, Thurgoona NSW 2640
5-bed family house | 669m² lot | 2002 build | FTTP NBN | no overlays detected This is a competitively strong family house in Thurgoona, sitting on a generous 669m² lot with a substantial 304m² building footprint. The five-bedroom configuration is relatively rare in the suburb, making it well suited for larger families or buyers seeking separation between living and sleeping zones. Built in 2002, the property avoids the compromises of older stock while offering established landscaping and street presence. The 45% site coverage suggests good yard space without sacrificing internal floor area. No flood, bushfire, or heritage overlays have been detected, which reduces insurance and development uncertainty. This property serves best as a long-term family home or a stable investment targeting family rental demand near local schools. Several factors may influence how a buyer forms a view on price. The 2003 sale price of $48,700 is too distant to be relevant, so current market evidence is needed. The roof height of 11 metres is notable and may affect heating and cooling costs or future solar panel installation. The property’s aspect is not stated in available records, which matters for natural light and passive solar performance. The estimated rental income of $650 per week provides a yield signal, but this should be verified against actual lease terms. A buyer should inspect for renovation condition, flooring quality, and kitchen upgrades, as these are not confirmed in the data. The absence of disclosed easements or encumbrances is positive but not guaranteed without a title search.
Detailed Independent Property Report prepared  by PropCred Analyst team for 23 Winnell Court, Thurgoona NSW 2640
Checks found:
Value Risk
Liquidity Risk 2
Planning Risk 2
Income Risk ! 1
Execution Risk
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Market Insight

Thurgoona presents as a stable, family-oriented suburb with a market showing divergent trends. Demand is driven by its residential appeal and strong rental growth, particularly for units, which indicates investor and tenant interest. Recent house price growth has been solid, though the market is considered overvalued against its long-term trend. Future growth is supported by sustained rental demand, but key constraints include the overvaluation risk and a notably thin unit market with very limited sales activity.
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PropCred Estimated Value

Bedrooms

5

Bathroom

2

Parking

2

Land

670m²

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