34 Maxwell Street, Wellington NSW 2820

34 Maxwell Street, Wellington NSW 2820
Character-rich circa 1900 full brick house | 1,012 mยฒ block | 4 car spaces | 3-bedroom configuration with expansion potential. The propertyโ€™s primary competitive strength lies in its rare combination of a substantial 1,012 mยฒ block and a full brick circa 1900 residence, a configuration seldom available in Wellington. For a buyer, this means immediate character living with clear long-term land value, as the block size alone positions it well above the local median for three-bedroom houses. The four car spaces and proximity to Wellington Public School (0.3 km) make it particularly suited to families or those requiring multiple vehicle storage. The estimated value of $428,000, while above the suburb median of $340,000, reflects the land premium and scarcity of such a holding. The key risk is the propertyโ€™s age and condition, as no internal details or recent sales comparables are available, meaning renovation or maintenance costs are unknown and could erode the apparent value advantage. The local market is slow, with a 54-day average selling time and zero auction clearance, so a buyer should expect limited competition but also slower capital growth. The opportunity is to hold for land appreciation or to develop the site, given the blockโ€™s size. Use this property as a long-term hold with potential for subdivision or extension.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 34 Maxwell Street, Wellington NSW 2820
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Market Insight:

Wellington presents a compelling entry point for regional investment, characterised by strong rental demand and a market demonstrating significant recent capital appreciation. This growth is supported by a high rental yield, indicating robust investor activity and tenant demand. However, analysis suggests the market may be trading above its long-term valuation trend, introducing a note of caution regarding current pricing levels.
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PropCred Estimated Value

Bedrooms

3

Bathroom

1

Parking

4

Land

1012mยฒ

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