3 Penny Place, Ourimbah NSW 2258
3 Penny Place, Ourimbah NSW 2258
Elevated setting with sweeping outlooks | 839m² block in small cul-de-sac | Four-bedroom family home with pool | Flexible two-level layout
This property presents a strong family proposition, leveraging its elevated position on a generous block within a quiet street of only eleven homes. The configuration offers practical, spacious living across two levels, with the upstairs open-plan area designed to capture natural light and views. It serves buyers seeking a established house with room for a pool and separation of living spaces, positioned close to essential amenities.
The primary decision point is the substantial valuation growth since its 2013 sale, which embeds all future expectation into the price. You are paying for the land parcel and position, with the house itself being a secondary factor. Proceed only if the floorplan and orientation align precisely with your long-term needs, as the premium commands a hold period of seven to ten years to justify the entry cost.
Detailed Independent Property Report prepared by PropCred Analyst team for 3 Penny Place, Ourimbah NSW 2258
Checks found:
Value Risk
Liquidity Risk
1
Planning Risk
Income Risk
1
Execution Risk
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Market Insight
Ourimbah is positioned as a family-oriented suburb with strong professional demographics, driving consistent demand from established purchasers. This has supported robust house price growth and a competitive sales environment, evidenced by swift market turnover. Future momentum is underpinned by sustained buyer interest, though the market’s reliance on houses and a constrained unit supply present potential affordability and diversity constraints.
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PropCred Estimated Value
Bedrooms
Bathroom
Parking
2
Land
824m²
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