5/91-93 Deniliquin Street, Tocumwal NSW 2714
5/91-93 Deniliquin Street, Tocumwal NSW 2714
Compact two-bedroom unit | quiet six-unit complex | private yard potential | strong rental demand | central Tocumwal position
This unit offers a rare combination of low-maintenance living and genuine outdoor space, a format that suits downsizers seeking single-level comfort and investors chasing steady rental demand. The complex’s freestanding design, with no shared walls in comparable units, provides a level of privacy uncommon in this price segment, while the fully fenced backyard and separate laundry add practical everyday value. Its position on Deniliquin Street places it within walking distance of the main street, making it one of the more centrally located options in Tocumwal’s unit market. The split-system air conditioning and electric kitchen appliances keep running costs modest, and the single lock-up garage is a practical bonus for a unit of this size.
The price point may be influenced by how the unit’s condition compares to its neighbours, as the complex appears well-maintained but not newly built. The rental evidence from the same complex suggests achievable income, with one unit leasing at $300 per week and another at $360, which may support a yield-focused buyer’s calculations. Land content is limited, so value will hinge more on presentation and layout efficiency than on block size. Buyers should weigh whether the private backyard and freestanding feel justify a premium over typical apartment-style units, and whether the central location’s mixed-use surroundings align with their lifestyle expectations.
Detailed Independent Property Report prepared by PropCred Analyst team for 5/91-93 Deniliquin Street, Tocumwal NSW 2714
Checks found:
Value Risk
2
Liquidity Risk
1
Planning Risk
Income Risk
1
Execution Risk
1
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Market Insight
Tocumwal, a Murray River town with highway links to Finley and Deniliquin, draws demand from older, mostly Australian-born buyers, seen in the 60-69 age skew and a rental population near 17%. House price signals diverge: listings rose 18.3% over the year to $591,500, yet sales-based medians sit around $442,625–$480,000 with annual growth ranging from -1% to 2.8%. The unit segment is weaker, down 24.1% to $220,000. Activity is thin—84 house sales over 12 months and 151 days on market—while stock climbed 34% year-on-year. Future growth is underpinned by a 0.53% vacancy rate and $400 weekly house rents, but fresh supply and soft unit demand remain constraints.
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PropCred Estimated Value
Comparable Sales: 4/91-93 Deniliquin Street leased at $360/week; 110-112 Deniliquin Street sold for $740,000 on a 2023 m² block | Property Price Band: $300,000–$400,000 | Value Drivers: freestanding configuration, private outdoor space, rental yield potential
Bedrooms
2
Bathroom
1
Parking
1
Land
1955m²
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