3/20 Kenneally Street, Kooringal NSW 2650
3/20 Kenneally Street, Kooringal NSW 2650
Unit entitlement in a small complex | Established Kooringal setting | Low-maintenance unit profile | Rental demand evident nearby | Configuration unconfirmed
The property presents as a unit within a small complex on Kenneally Street, which places it in the more affordable, lower-maintenance segment of Kooringal’s housing market. This is competitively strong for buyers seeking a compact, manageable residence close to local shopping, schools, and the CBD, without the upkeep of a detached house on a larger block. The surrounding suburb is characterised by established mid-20th-century housing, and a unit of this type typically appeals to first-home buyers, downsizers, and investors looking for steady rental demand. Its position in a settled residential area with good access to amenities gives it practical everyday appeal.
The value of this unit may be shaped by its internal layout, floor level, and condition, none of which are confirmed. If it offers modern finishes or a private outdoor area, it could command a premium within its segment. Conversely, age-related maintenance or limited natural light might temper buyer interest. The land component is likely small, which may constrain long-term capital growth compared to detached houses nearby. Buyers should weigh the trade-off between affordability and future appreciation potential when forming a price view.
|| Comparable Sales: 3/31 Kenneally Street unit at $410 weekly rent; 3/24 Kenneally Avenue unit at $350 weekly rent | Property Price Band: $300K–$400K | Value Drivers: condition, internal layout, parking provision
Detailed Independent Property Report prepared by PropCred Analyst team for 3/20 Kenneally Street, Kooringal NSW 2650
Checks found:
Value Risk
2
Liquidity Risk
1
Planning Risk
2
Income Risk
1
Execution Risk
2
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Market Insight
Kooringal presents as an active, family-oriented suburb with a strong rental market, driven by its high proportion of young residents and singles. Demand is underpinned by investors and renters, evidenced by solid rental yields and brisk sales volumes, with houses and units both seeing competitive market conditions and short selling periods. Recent price trends indicate notable growth across both housing types. Future momentum is supported by this sustained transactional activity, though the market’s reliance on a significant renter base and varied price points suggests sensitivity to broader affordability pressures.
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PropCred Estimated Value
Comparable Sales: 3/31 Kenneally Street unit at $410 weekly rent; 3/24 Kenneally Avenue unit at $350 weekly rent | Property Price Band: $300K–$400K | Value Drivers: condition, internal layout, parking provision
Bedrooms
2
Bathroom
1
Parking
1
Land
896m²
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