27 River Street, Springfield NSW 2250
27 River Street, Springfield NSW 2250
3 bed | 2 bath | 3 car spaces | 516–519 m² block | no flood or heritage overlays | estimated $1.025M
This is a fairly standard detached suburban house on a mid-sized lot, but the three car spaces are a genuine rarity for a property of this size and configuration. Most three-bedroom houses in Springfield offer one or two parking spots, so this extra capacity adds real utility for families with multiple vehicles or tradies needing secure storage. The absence of flood or heritage overlays reduces regulatory risk and simplifies any future renovation or extension plans. This property serves best as a long-term family home for owner-occupiers who value parking flexibility and a straightforward, low-hassle block.
The estimated value around $1.025 million may feel high relative to the lack of detailed finishes or build year information, but the land component and parking edge justify a premium. Buyers should weigh whether the internal condition and aspect align with that price point, as older homes on similar blocks can require significant updating. The three-bedroom, two-bathroom layout is common in the area, so the property’s true value lies in the land and parking rather than the dwelling itself. A thorough inspection is recommended to confirm the home’s actual condition before forming a final view on price.
Detailed Independent Property Report prepared by PropCred Analyst team for 27 River Street, Springfield NSW 2250
Checks found:
Value Risk
✓
Liquidity Risk
✕
2
Planning Risk
✕
2
Income Risk
✕
2
Execution Risk
!
1
Insight: Springfield NSW 2250
Springfield is a family-centric suburb with strong demand from owner-occupiers, underpinned by its established housing stock. Recent price growth has been robust, with a competitive market evidenced by swift sales. Long-term performance is solid, though the market is currently assessed at fair value, indicating a period of stabilisation following recent gains.