40 Callaghan Street, Ashmont NSW 2650
40 Callaghan Street, Ashmont NSW 2650
3 bedroom, 1 bathroom, 2 car garage single-story house on 772m² land, built 1980. Renovated.
This property’s standout feature is its land size. At 772m² it offers a rare commodity in an established suburb like Ashmont, where most blocks are smaller. The fact it has been renovated reduces the immediate need for capital outlay, which is a genuine advantage for a family buyer looking for space without the headache of a project. The single-story layout and 1980s construction era place it among the standard housing stock of the area, but the generous lot elevates it above typical offerings. It suits a buyer who values outdoor area, potential for future expansion, or simply wants breathing room between neighbours. The rental demand in the suburb is moderate, but for an owner-occupier the appeal is clearer: a move-in ready home on a block that is hard to find.
The price trajectory from a 2024 sale to the current listing is a factor that demands attention. A buyer should consider whether that jump reflects genuine market movement or an ambitious re-list. The estimated value range sits notably below the asking figure, which may indicate room for negotiation. The property’s renovated status is a positive, but without knowing the quality of finishes or whether structural updates were included, a buyer should verify what was actually done. The large block is an advantage, but it also means ongoing maintenance and potential council constraints if subdivision is considered. These points are worth weighing when forming a view on price.
Detailed Independent Property Report prepared by PropCred Analyst team for 40 Callaghan Street, Ashmont NSW 2650
Checks found:
Value Risk
1
Liquidity Risk
Planning Risk
2
Income Risk
2
Execution Risk
2
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Market Insight
Ashmont presents as an affordable entry point, with demand anchored by a young, working demographic of first-home buyers and investors. This is reflected in strong recent capital growth and competitive rental yields, with properties transacting efficiently. The market’s momentum is supported by its relative affordability, though a modest population decline suggests future growth may hinge on broader regional economic drivers.
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PropCred Estimated Value
Bedrooms
3
Bathroom
1
Parking
2
Land
772m²
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