3 Hakea Street, Bonnyrigg NSW 2177

3 Hakea Street, Bonnyrigg NSW 2177
Duplex format | 3-bed, 2-bath, 1-car | $725/wk rental demand | Low-supply street | Long owner-occupier tenure This property holds a clear edge in Bonnyrigg, where most stock is detached housing. The duplex configuration offers the practicality of a house—separate bedrooms, private entry, low-maintenance yard—without the upkeep of a full standalone home. That appeals strongly to downsizers and young families seeking space without the workload. The street itself is quiet, with residents staying over seven years on average, indicating a settled, neighbourly environment rather than transient rental turnover. The rental estimate of $725 per week, backed by prior tenancy history, signals consistent demand, making this equally viable for an investor seeking reliable income or an owner-occupier wanting future flexibility. Value may be shaped by the absence of exact land size in available records, as duplexes typically sit on smaller parcels than houses, which could temper price growth compared to free-standing homes. The 2022 sale at $788k provides a reference point, but market movement since then suggests the current asking range reflects broader suburb appreciation. The lack of flood, bushfire, or heritage overlay reduces hidden risk, a quiet positive. Buyers should weigh the compact internal area of 107 m² against their space needs, and consider that the surrounding street sales at lower prices may indicate a ceiling for this format unless condition or presentation lifts it.
Detailed Independent Property Report prepared  by PropCred Analyst team for 3 Hakea Street, Bonnyrigg NSW 2177
Checks found:
Value Risk
Liquidity Risk 2
Planning Risk ! 1
Income Risk ! 1
Execution Risk
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Market Insight

Bonnyrigg is drawing buyers because it offers relative Western‑Sydney affordability, family‑friendly streets, solid school catchments and steady rental demand from a large multicultural community, with strong interest in renovated houses and townhouses. Risks include interest‑rate sensitivity and potential unit oversupply, while infill development and improving links to Liverpool/Parramatta support upside; prices have broadly firmed and continued to rise over the past six months, though the pace may be moderating.
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PropCred Estimated Value

Comparable Sales: 3/14 Hakea St sold $685k (Mar 2024); 2/14 Hakea St sold $680k | Property Price Band: $1.0M–$1.1M | Value Drivers: Duplex rarity, rental yield, low-risk location, settled street profile

Bedrooms

3

Bathroom

2

Parking

1

Land

196m²

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