37 Bourke Street, Cowra NSW 2794
37 Bourke Street, Cowra NSW 2794
Corner-block 3-bedder with drive-through access | Double garage with power and solar-battery setup | Practical family or investor package on a mid-sized lot | Strong rental appeal in a steady regional market
The competitive edge here is the corner-block configuration paired with drive-through access from Lee Street, a rare functional advantage that adds flexibility for parking, trailers, or a future side gate. The double lock-up garage with power, fully enclosed rear yard, and solar with battery storage make this a genuinely low-running-cost proposition for a first home or downsizer. It sits comfortably in Cowra’s established residential fabric, offering more than basic starter stock without tipping into premium territory. The 3-bed, 1-bath layout is straightforward, but the split-system air conditioning in the living area and main bedroom, plus ceiling fans throughout, lift everyday comfort above older comparable houses.
The bathroom count shows some inconsistency across records, which may matter if you plan to re-sell or rent long-term, as a second bathroom could alter buyer perception. The land size is mid-range for the area, so don’t expect rural acreage, but the corner position and rear access effectively extend usable space. The rental appraisal of $370–$390 per week suggests solid yield potential, though the market here turns slowly, with homes averaging over four months to sell. Condition and presentation will likely drive final value more than any single feature, so a close inspection of the kitchen, laundry, and overall finishes is worthwhile.
|| Comparable Sales: 26 Bourke Street sold $360,000; 78 Bourke Street listed with updated presentation | Property Price Band: $360K–$450K | Value Drivers: corner-block access, solar-battery setup, condition and presentation
Detailed Independent Property Report prepared by PropCred Analyst team for 37 Bourke Street, Cowra NSW 2794
Checks found:
Value Risk
2
Liquidity Risk
Planning Risk
Income Risk
2
Execution Risk
2
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Market Insight
Cowra presents as a family-oriented regional market experiencing strong demand, driven by its established housing stock and limited unit supply. Recent price appreciation reflects this heightened activity, positioning the market above its long-term trend. While steady historical growth and high transaction volumes underpin the market, key risks include its current overvaluation and a pronounced reliance on houses, with minimal apartment data indicating a thin and potentially less diversified segment.
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PropCred Estimated Value
Comparable Sales: 26 Bourke Street sold $360,000; 78 Bourke Street listed with updated presentation | Property Price Band: $360K–$450K | Value Drivers: corner-block access, solar-battery setup, condition and presentation
Bedrooms
3
Bathroom
1
Parking
2
Land
683m²
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