61 Broughton Street, Campbelltown NSW 2560

Large 1200sqm block | 1960s 3-bedder | redevelopment potential | land-led value The property’s primary strength is its unusually large 1,200 square metre block in a suburb where most house lots are considerably smaller. This scale, combined with documented planning activity for multi-dwelling development, positions it as a rare infill opportunity rather than a standard family home. The existing 1960s three-bedroom house is modest and dated, meaning value is driven almost entirely by the land and its redevelopment potential. This property best suits a developer, land banker, or investor looking for future upside rather than an owner-occupier seeking a finished home. The existing dwelling’s age and basic finishes may limit its appeal as a standalone residence, and the low implied rental yield of around 2.5 per cent confirms the property is priced for its development prospects rather than current income. Buyers should weigh the costs and timeline of pursuing a townhouse or multi-dwelling approval, as well as any council requirements that might affect density or design. The lack of bushfire, flood, or heritage overlays simplifies planning, but the final value will depend on what can actually be built and the local market for new infill stock.