3/28 Rann Street, Fairy Meadow NSW 2519

3/28 Rann Street, Fairy Meadow NSW 2519
2-bed unit in established low-rise block | modern kitchen and built-in robes | flood overlay flagged for the site | stable owner-occupier complex near schools This unit is competitively positioned as a modestly upgraded two-bedroom home within a small, stable complex in Fairy Meadow. The modern kitchen and built-in robes in both bedrooms lift it above basic older stock, while the low-rise format and long owner-occupier tenure in the building suggest a quieter, more settled environment than larger apartment blocks. It is best suited to first-home buyers seeking a move-in ready home, downsizers wanting single-level living without resort-style overheads, or investors targeting consistent rental demand in a suburb with active leasing activity under $650 per week. The flood overlay detected for the site is the most material factor to weigh when forming a view on price. It does not confirm that this specific unit has been affected, but it may influence insurance costs and buyer perception. The building’s age is not confirmed, though sale history points to construction before 2013, so older finishes or maintenance obligations could emerge. The absence of confirmed details on floor level, private outdoor space, and on-site amenities like air conditioning or a dishwasher means the property’s value will depend heavily on what a physical inspection reveals.
Detailed Independent Property Report prepared  by PropCred Analyst team for 3/28 Rann Street, Fairy Meadow NSW 2519
Checks found:
Value Risk ✓
Liquidity Risk ! 1
Planning Risk ✕ 2
Income Risk ✓
Execution Risk ! 1
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Market Insight

Fairy Meadow presents a balanced market with strong underlying demand, evidenced by consistent sales activity and a tight rental vacancy. House prices demonstrate robust growth, while the unit market offers relative affordability and higher rental yields, appealing to investors. This demand is supported by the suburb’s established infrastructure links. Future growth is underpinned by sustained capital appreciation, though a recent increase in listing stock suggests a potential shift in supply dynamics that warrants monitoring.
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PropCred Estimated Value

Bedrooms

2

Bathroom

1

Parking

1

Land

683m²

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