49 Lockheed Drive, Nirimba Fields NSW 2763

49 Lockheed Drive, Nirimba Fields NSW 2763
Near-new detached family house | 5-6 bed, 3 bath two-storey | compact 375m² lot | large internal 243m² | flood overlay on some parcels It is understood that this property is a near-new two-storey detached house on a compact lot, with five to six bedrooms and three bathrooms. The configuration is distinctly family-oriented, offering multiple living areas and a generous internal footprint relative to the land size. The property sits within a growing estate where contemporary housing is the norm, giving it strong appeal to those who value modern finishes and low maintenance. Families with school-age children or upgraders seeking a large home without a large block would be best served. The strength of the property is seen in its balance of internal space and manageable external upkeep. Factors that might materially affect value include the potential presence of a flood overlay on some parcels in the immediate area, which could influence insurance or financing costs. The compact land size may limit future subdivision or significant extension works, though the near-new condition reduces immediate concern. Broader market movements for family-sized housing in growth corridors might also shift price expectations. >> Comparable Sales: 9 Lockheed Drive 5-bed ~$1.2M; 54 Lockheed Drive 6-bed ~$1.2M | Property Price Band: $1.2M-$1.3M | Value Drivers: near-new condition, large internal area, family-friendly layout
Detailed Independent Property Report prepared  by PropCred Analyst team for 49 Lockheed Drive, Nirimba Fields NSW 2763
Checks found:
Value Risk
Liquidity Risk
Planning Risk
Income Risk
Execution Risk ! 1
WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat

Market Insight

Nirimba Fields is a compact 9.2 sq km suburb where the population fell 67.2% between 2016 and 2021 to 1,632, reflecting a shift away from owner-occupation. Demand is led by professional couples with children, the dominant 30-39 age cohort, who carry mortgages of $3,000-$3,999 monthly. The median house price is $1,280,000, growing 4.9% annually; over a decade, values rose 155% from $555,000 to $1,415,000. Market conditions are tight: 42 sales per year and 5-bedroom homes selling in a median 30 days. Recent transactions show 4-bedroom houses at a $1.214m median and 5-bedroom at $1.423m. Future growth is supported by 33 parks covering 19.7% of the suburb and proximity to Quakers Hill amenities. Key constraints include affordability and interest-rate sensitivity, with owner-occupancy dropping to 47.3% from 71.7% in 2016.
WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat

PropCred Estimated Value

Bedrooms

5

Bathroom

3

Parking

1

Land

300m²

Research & Review Prepared by Brian Moon, Analyst · Reviewed by Matt Proctor, Principal Analyst
WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat