59/2 Howden Street, Carrington NSW 2294
59/2 Howden Street, Carrington NSW 2294
2022 townhouse built for low-maintenance living | waterfringe Carrington pocket | 3 bed 2 bath floorplan | modern presentation | limited new supply
The property is best understood as a modern townhouse in a water-adjacent pocket of Carrington. Built in 2022, it is configured with three bedrooms, two bathrooms, a practical open-plan core and a covered outdoor area. That configuration is larger than much of the older local stock and is suited to owners who want low-maintenance living without losing separate spaces. Its closeness to the village and waterfront gives the home a lifestyle advantage that is not easily repeated nearby. The strongest buyer match is likely to be a downsizer or professional couple, while investor interest may also be expected given the recent build and clean specification.
Value may be influenced by the exact land entitlement and shared-title arrangements common in a small townhouse development. The single car space might be viewed as a real constraint for two-car households, and the compact outdoor area may be considered better for low-maintenance owners than for families. The property’s premium positioning ought to be weighed against the mixed age of the surrounding street, where the immediate character may not be as uniform as the home itself. Demand for newer, water-close stock is likely to be strong, and that support may have a greater effect on price than the broader local average.
>> Comparable Sales: 2/23 Howden Street – $1.18M | Property Price Band: $1.1M to $1.2M | Value Drivers: modern build, waterfront proximity, low-maintenance layout
Detailed Independent Property Report prepared by PropCred Analyst team for 59/2 Howden Street, Carrington NSW 2294
Checks found:
Value Risk
2
Liquidity Risk
2
Planning Risk
1
Income Risk
2
Execution Risk
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Market Insight
This suburb is a house-dominated market: 83% of sales are detached or non-strata dwellings. Buyer demand is concentrated in houses. Median house prices sit at $955,000; units at $910,250. House values have fallen 9-11% over the past year, and units are down 18.7%. Homes take 46-66 days to sell, a slow turnover consistent with a buyer’s market. Rents are firm: houses at $710-$750 weekly, units at $700-$725 weekly, but gross yields remain modest at 3.4-3.9% for houses and 3.9-4.1% for units. Annual house sales volume is only 44-46, indicating shallow liquidity. The sharper unit decline and slow selling times suggest continued price pressure in the near term.
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PropCred Estimated Value
Bedrooms
3
Bathroom
2
Parking
2
Land
1.31 acres
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