28/52 Railway Parade, Kurri Kurri NSW 2327
28/52 Railway Parade, Kurri Kurri NSW 2327
2-bed unit | 94m² in owner-occupied complex | 17-day market turnover | no flood overlay | near schools
The property sits within a well-established complex where 75% owner-occupancy signals a stable and well-maintained environment, a competitive advantage for buyers seeking lower turnover risk. Its 94m² floor plan, while not generous, offers a functional two-bedroom layout that aligns closely with the suburb median price and the quick 17-day average market absorption seen in Kurri Kurri. This configuration is best suited to a first home buyer or a small-scale investor targeting steady rental demand from downsizers or young professionals, particularly given the reasonable 4.4% yield indicated for similar units.
The larger complex of 40 properties introduces the usual strata governance and potential for special levies, though no specific fee data is available for this unit. While auction clearance is at zero percent locally, the property’s off-market status and quick turnover history suggest limited competitive bidding rather than a lack of buyer interest. Principal risk remains the absence of documented flood or bushfire overlays, which is positive, but the 2009 last sale price of $143,000 provides no meaningful benchmark. Opportunity lies in the property’s alignment with median market pricing and its access to 5G and fibre-to-the-node connectivity, modest value adds that support future re-sale appeal.
Detailed Independent Property Report prepared by PropCred Analyst team for 28/52 Railway Parade, Kurri Kurri NSW 2327
Kurri Kurri NSW 2327
Kurri Kurri presents as a high-growth, value-driven market with strong momentum, anchored by a young, trades-oriented demographic. Demand is primarily owner-occupier, driven by relative affordability and significant long-term capital appreciation. Recent price trends show robust and sustained growth across both houses and units, supported by consistent sales volume. Future performance is underpinned by this demographic’s income growth, though the market’s sensitivity to broader economic conditions remains a key consideration for sustained momentum.
PropCred Estimated Value
Bedrooms
2
Bathroom
1
Parking
2
Land
1.05 acres
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