4/28 Coolah Street, Griffith NSW 2680
4/28 Coolah Street, Griffith NSW 2680
2 bed unit | 1 bath | 1 car | 163mยฒ lot | sold $350k late 2022 | near Griffith CBD
This property is a compact, low-maintenance unit on a 163mยฒ lot with a secure garage, positioned near Griffithโs CBD, schools, and parks. For a buyer, the configuration is rare in this price segment: a two-bedroom unit with a garage and a small private lot offers a functional edge over standard apartments, serving first-home buyers, downsizers, or investors seeking a low-upkeep base in a regional centre. The late 2022 sale at $350,000 anchors value, though market drift since then must be verified.
The primary risk is limited upside from a small lot and unit title, constraining capital growth compared to standalone houses. However, the location near amenities and a proven rental historyโwith descriptions noting generous bedrooms and secure parkingโsupports steady rental demand. The buyerโs opportunity is to secure a turnkey property with minimal maintenance, ideal for holding as a long-term rental or owner-occupied foothold in Griffith. Hold for stable yield, not speculation.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 4/28 Coolah Street, Griffith NSW 2680
Market Insight:
Griffith is a stable regional hub anchored by its robust agricultural economy, driving consistent demand from local families and agricultural workers. This has supported steady house price growth, while a severe rental shortage underpins strong yields. Future prospects are tied to the region’s core industries and ongoing infrastructure investment, though limited housing supply and affordability pressures present key constraints to sustained growth.