40 Wellesley Street, Pitt Town NSW 2756

40 Wellesley Street, Pitt Town NSW 2756
Quiet Pitt Town pocket | 5-bed entertainer with pool | Solar and chefโ€™s kitchen | Buyer edge in off-market hold. This property offers a rare combination of generous 5-bedroom living and resort-style amenities,pool, hot tub, bar, and timber decking,on a 601mยฒ lot in a quiet pocket of Pitt Town. The luxurious chefโ€™s kitchen and dual living areas make it a strong candidate for families seeking immediate lifestyle without renovation. Being off-market, a buyer here avoids competitive bidding pressure, and the 2020 purchase price of $860,000 suggests potential equity growth if bought below the $1.32mโ€“$1.445m estimated range. It suits a family or investor targeting long-term capital appreciation in a catchment with good local schools. The property carries bushfire and flood overlays, which may increase insurance costs and limit some financing options; a heritage overlay is possible but unconfirmed. Building coverage at 61% leaves limited scope for extension. The buyerโ€™s opportunity lies in negotiating from the off-market position, targeting a purchase near the lower end of the value range to build in immediate equity. Hold for medium-term family use or rent at $1,000 per week to cover holding costs while the area matures.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 40 Wellesley Street, Pitt Town NSW 2756
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Market Insight:

Pitt Town offers a unique lifestyle proposition with its acreage properties, attracting family-oriented purchasers seeking space. Demand is driven by high-earning households, significantly above the metropolitan average, seeking larger homes. Recent market conditions reflect a softening in house prices, with sales activity remaining steady but properties taking time to sell. Future growth is underpinned by its affluent demographic base, though the market’s sensitivity is highlighted by limited available listings for both sale and rent.
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PropCred Estimated Value

Bedrooms

6

Bathroom

2

Parking

2

Land

594mยฒ

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