36 Yarrum Avenue, Beresfield NSW 2322
36 Yarrum Avenue, Beresfield NSW 2322
Solid brick home | 672m² flood overlay lot | 3 bed 1 bath renovated kitchen | Beresfield Public catchment
This property presents a competitively strong, low-maintenance entry into the Newcastle residential market. The solid brick construction and key modern updates, particularly the renovated kitchen, offer immediate livability and durability, reducing near-term capital expenditure. Its configuration-three well-sized bedrooms on a substantial 672m² block-positions it ideally for a young family seeking space and stability within the Beresfield Public School catchment, a core driver of local demand.
The primary decision mechanism is the flood overlay, which imposes insurance cost and potential finance risk, discounting the land value. The 31% building coverage and lot size, however, present a clear commercial opportunity for future extension or landscaping, subject to council overlay constraints. Acquire at a material discount to the listed price for a long-term hold, leveraging its rental yield to offset holding costs while the suburb matures.
Detailed Independent Property Report prepared by PropCred Analyst team for 36 Yarrum Avenue, Beresfield NSW 2322
Checks found:
Value Risk
1
Liquidity Risk
Planning Risk
1
Income Risk
1
Execution Risk
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Market Insight
Beresfield presents as a suburb in transition, with strong house price growth driven by a mix of young, mortgaged couples and an established cohort of outright owners. Demand is anchored by its affordability and owner-occupier focus, though the unit market shows significant volatility with limited transactional depth. Recent conditions indicate a fast-moving market for houses, supported by steady population growth, yet future performance is constrained by the thin and inconsistent unit segment.
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PropCred Estimated Value
Bedrooms
3
Bathroom
1
Parking
2
Land
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