24 Davis Cres, Caerleon NSW 2850

24 Davis Cres, Caerleon NSW 2850
24 Davis Cres, Caerleon NSW 2850 is a 4-bedroom, 2-bathroom, 2-car house on a 768 m² block, sold in 2023 for $187,000 according to the available listing data. The property was listed for sale as a house in Caerleon. 4-bed family on 768sqm block | bushland backdrop, ducted air con | estate setting, development momentum | recent sale below market | potential updates needed This property is positioned as a strong family home within a developing estate, offering a rare combination of generous block size and quality fixtures such as ducted reverse-cycle air conditioning and a separate media room. The bushland backdrop adds lifestyle appeal that is increasingly sought after in low-density suburban settings. Its configuration of four bedrooms, two bathrooms, and two parking spaces aligns directly with the needs of owner-occupiers seeking space and privacy. The area’s ongoing residential development signals growing demand, making this house particularly suited to buyers looking for a long-term family residence with potential for capital growth. The generous land component and estate setting provide a solid foundation for long-term value. The recorded transaction for this property may have been influenced by condition or timing factors not fully captured in typical comparisons, so buyers should consider that the house might require attention to its internal finishes and services. The developing estate context means surrounding new homes could set a higher benchmark, potentially pressuring the value of this house unless updates are undertaken. However the block size offers future flexibility for extension or landscaping, which may offset any renovation costs. The bushland backdrop and estate momentum also support strong underlying demand, making the house a sound proposition for those willing to invest in improvements.
Detailed Independent Property Report prepared  by PropCred Analyst team for 24 Davis Cres, Caerleon NSW 2850
Checks found:
Value Risk 2
Liquidity Risk
Planning Risk
Income Risk 2
Execution Risk ! 1
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Market Insight

Caerleon presents as a family-oriented suburb with a young demographic, where demand is anchored by trades-based households. The market for houses demonstrates steady price appreciation, supported by moderate sales volumes, though properties take time to transact. Future growth will likely hinge on the suburb’s appeal to young families, while the extended selling periods for larger homes indicate a measured market pace without significant supply pressures.
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PropCred Estimated Value

Bedrooms

4

Bathroom

2

Parking

2

Land

792m²

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