39 Cowper Street, Euston NSW 2737
39 Cowper Street, Euston NSW 2737
39 Cowper Street, Euston NSW 2737 is a 3-bedroom, 1-bathroom house on a 911 m² residential lot, currently marketed around $320,000–$350,000 and reportedly leased at $400/week. The property was listed for sale as a house in Euston. The listing describes it as a single-house dwelling with wood fire heating, evaporative cooling, air conditioning, built-in robes, and an outdoor entertaining area.
large 911m² block | leased at $400/week | renovation scope | regional low-supply area | land-value opportunity
The property’s primary strength is its generous landholding, which is uncommon for a house at this price point in a small regional setting. The 911 m² block offers immediate space and future flexibility, while the existing lease suggests rental demand is present. This house is best suited to a first-home buyer or investor who values land over finish, and it sits in a market with very few active listings, giving it a scarcity advantage. The configuration is straightforward—three bedrooms with basic comforts—so the appeal is driven by potential rather than polish.
Value may be shaped by the house’s unverified age and the need for upgrades; no build year is confirmed, and finishes are not documented as high-quality. Council jurisdiction is unclear between Balranald and Wentworth, which might affect development inquiries. The existing rental income provides a yield buffer, but the price should account for the property’s improvement requirements and the absence of recent comparable sales to anchor expectations.
Detailed Independent Property Report prepared by PropCred Analyst team for 39 Cowper Street, Euston NSW 2737
Checks found:
Value Risk
2
Liquidity Risk
Planning Risk
1
Income Risk
Execution Risk
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Market Insight
Euston, a small Murray River town on the NSW-Victoria border, draws family-oriented demand, evidenced by a young age profile and household incomes in the upper-middle bracket. Its proximity to Mildura and lifestyle appeal underpin interest from first-home buyers and investors. House prices have recorded strong annual growth, reflecting a tight market with limited stock—fewer than a dozen annual sales—which introduces pricing volatility. Future growth is tied to the town’s agricultural and tourism links, but constrained by a thin supply base and the absence of published rental yield or vacancy data, leaving the market exposed to rate sensitivity.
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PropCred Estimated Value
Bedrooms
3
Bathroom
1
Parking
-
Land
911m²
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