27 Booloocooroo Road, Gunnedah NSW 2380

27 Booloocooroo Road, Gunnedah NSW 2380
Large rural-residential acreage | Non-urban zoning with development approval | Contemporary single-level family home | High car accommodation | Established school catchments This property presents a competitively strong position as a substantial, modern residence on a large, serviced block at the rural-residential edge of Gunnedah. Its four-bedroom, single-level configuration with extensive parking and recent development approval for outbuildings serves a family seeking a permanent lifestyle property with functional space and privacy minutes from town services. The established construction on a large landholding in a consistent non-urban zone provides a scarcity value not found in standard suburban lots. The primary decision hinges on accepting the management liabilities and value constraints of its bushfire overlay and non-urban zoning, which limit future subdivision potential and incur ongoing compliance costs. The opportunity lies in utilizing the approved shed to enhance utility for a buyer with equipment or hobby-farm needs. This property should be held as a long-term primary residence to amortize setup costs and realize the lifestyle premium, not as a short-term holding. Recent sales data provides a direct value anchor: – Sep 2023: $750,000 – Apr 2012: Sale price not stated, but the property was described as being 12 months old at that time. The 2023 sale, just over two years ago, establishes a firm baseline. Current estimates near $1 million suggest a market perception of increased value, which you must scrutinize against recent improvements and broader market movements in the area.
Detailed Independent Property Report prepared  by PropCred Analyst team for 27 Booloocooroo Road, Gunnedah NSW 2380
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Market Insight:

Gunnedah is a significant regional centre with a market driven by established families and a stable workforce, underpinning demand. Recent price momentum reflects strong investor interest, supported by attractive rental yields. Future growth is tied to its regional role, though affordability pressures and an overvalued market present near-term constraints.
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PropCred Estimated Value

Bedrooms

Bathroom

Parking

8

Land

2.1 ha

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