32 Toohey Cres, Adamstown Heights NSW 2289
32 Toohey Cres, Adamstown Heights NSW 2289
Spacious 752sqm block | 33% building coverage | 247sqm internal | dual living potential | high owner-occupier street
The property’s core buying case rests on its unusually low 33% building coverage on a 752sqm block, offering immediate scope for extension, a granny flat, or poolside landscaping without sacrificing the existing 247sqm floorplan. The three living areas, rumpus room, and study suit a multigenerational household or professional couple requiring dedicated work and recreation zones. Its position in a 90% owner-occupied street with only three recent sales signals limited supply and stable long-term demand, which favours buyers seeking capital preservation in a tightly held pocket near Belair Public and Kotara High schools.
The primary risk is the 1972 build’s energy and maintenance profile, which may require upgrades to insulation, windows, or heating to meet contemporary efficiency standards, adding soft costs that a buyer must budget for. The above-ground pool and decked outdoor area are functional but not premium, limiting their value uplift versus in-ground alternatives. For a buyer willing to invest in selective renovations, the low coverage ratio and zoning for residential use provide a clear path to adding value through a rear extension or secondary dwelling. Hold this property for medium-term family use or as a base for a phased renovation that capitalises on the land-to-building ratio.
Detailed Independent Property Report prepared by PropCred Analyst team for 32 Toohey Cres, Adamstown Heights NSW 2289
Checks found:
Value Risk
Liquidity Risk
1
Planning Risk
Income Risk
1
Execution Risk
1
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Market Insight
Adamstown Heights presents as a well-established, primarily residential suburb offering family-friendly living with access to urban amenities. Demand is driven by owner-occupiers seeking a balanced lifestyle, supported by a notably tight rental market. Recent price trends for houses show solid, sustained growth, while the unit market has exhibited exceptional momentum. The market is active with high sales volume and low stock, indicating strong competition. Future growth is underpinned by this persistent demand against limited supply, though the primary constraint remains the suburb’s established nature, limiting new development opportunities.
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PropCred Estimated Value
Bedrooms
5
Bathroom
3
Parking
2
Land
752m²
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