48 Kimba Drive, Glenfield Park NSW 2650
48 Kimba Drive, Glenfield Park NSW 2650
3 bed house | 750m² lot | 3 car spaces | 2003 build | Glenfield Park
This house presents a clear configuration advantage for a buyer seeking space, offering a substantial land parcel with triple parking in a established Wagga Wagga suburb. Its core appeal is to an owner-occupier, particularly a family, who values internal and external room for growth over premium finishes, supported by its proximity to several public schools. The scale of the lot relative to the dwelling provides a tangible basis for future extension or outdoor utility that is less common in newer releases.
The primary financial risk is the current asking price, which appears positioned above recent market estimates and represents a significant premium over the vendor’s 2017 purchase price, demanding immediate due diligence on local sales to validate. This gap creates negotiation exposure; proceed only with substantiated comparable sales justifying the premium, otherwise the price must correct to reflect the estimated market range. Acquire for long-term occupancy to absorb any short-term valuation adjustment, or as a strategic land bank, but do not pay for unproven growth.
Detailed Independent Property Report prepared by PropCred Analyst team for 48 Kimba Drive, Glenfield Park NSW 2650
Checks found:
Value Risk
!
1
Liquidity Risk
✓
Planning Risk
✓
Income Risk
✓
Execution Risk
✕
2
Insight: Glenfield Park NSW 2650
Glenfield Park is an established suburb attracting a diverse buyer base, from first-home buyers and downsizers to families and investors, drawn by its relative affordability and mix of housing. Demand is supported by its proven long-term growth trajectory and lower-maintenance apartment options. The market is currently active with houses selling quickly, reflecting strong recent price appreciation. Future growth is underpinned by its established performance, though its appeal to a broad demographic suggests sensitivity to broader economic conditions affecting affordability.