4/40 Bungarra Cres, Chipping Norton NSW 2170
4/40 Bungarra Cres, Chipping Norton NSW 2170
4/40 Bungarra, Chipping Norton | 2022 townhouse | 200sqm land | strong school catchment | high owner-occupier block
This property’s competitive strength lies in its near-new construction, generous internal area, and location within a high owner-occupier block of only five properties. For a buyer seeking a low-maintenance townhouse with a family-friendly floorplan, the 2022 build year reduces immediate capital expenditure on upgrades, while the 200sqm land and 170sqm living area offer uncommon space for the strata-titled segment. The property serves best a professional couple or small family prioritising school catchments, with Moorebank High School within 200 metres and Newbridge Heights Public School under one kilometre. The suburb’s 67% auction clearance rate and 22-day average days on market confirm steady demand for three-bedroom stock.
The primary risk is the absence of recent sales data for this specific unit, making valuation reliant on suburb medians and comparable listings. The strata title introduces governance and levy exposure, though the 80% owner-occupier ratio in the block mitigates short-term rental turnover risk. The property’s price estimates sit near the suburb median, leaving limited immediate arbitrage. For a buyer, this is a hold for stable family accommodation rather than a flip; the combination of new build, school proximity, and low-density block supports medium-term capital retention.
Detailed Independent Property Report prepared by PropCred Analyst team for 4/40 Bungarra Cres, Chipping Norton NSW 2170
Checks found:
Value Risk
Liquidity Risk
2
Planning Risk
1
Income Risk
2
Execution Risk
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Market Insight
Chipping Norton presents a stable, family-oriented market with a professional demographic, supported by mixed-use zoning that underpins its established character. Demand is driven by established families seeking larger homes, evidenced by consistent sales activity and a competitive supply environment. Recent price trends reflect solid capital growth, with a market pace that balances opportunity. Future prospects are supported by this demographic stability, though historical price volatility suggests sensitivity to broader economic cycles.
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PropCred Estimated Value
Bedrooms
3
Bathroom
2
Parking
1
Land
200m²
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