62 Hamilton Street, Eglinton NSW 2795
62 Hamilton Street, Eglinton NSW 2795
3-bed detached house on 505m² | single-level with air conditioning | mid-4% gross yield | compact suburban block | strong rental track record
This house offers a practical, low-maintenance footprint that suits first-home buyers, downsizers, and investors alike. Its single-level layout and modest block size reduce upkeep while still providing a private yard and two parking spaces. The recent leasing activity at $580 per week confirms steady tenant demand, and the absence of flood, bushfire, or heritage overlays removes common friction points. Positioned within established school catchments, it appeals to families seeking straightforward suburban living without premium price expectations. The configuration is not rare, but it is dependable and broadly marketable.
Value may be shaped by the property’s age and finish level, neither of which is confirmed in public records. If the interior is dated, a modest renovation could lift appeal and rent. The compact 505m² lot limits expansion potential, so buyers should weigh whether the block size meets long-term needs. Market conditions in the area will also influence final price, as comparable stock varies widely in condition and presentation.
Detailed Independent Property Report prepared by PropCred Analyst team for 62 Hamilton Street, Eglinton NSW 2795
Checks found:
Value Risk
2
Liquidity Risk
Planning Risk
1
Income Risk
1
Execution Risk
2
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Market Insight
Eglinton, in NSW’s Central West, blends rural charm with access to larger regional centres, and remains a predominantly detached-housing market with no apartment stock. Family buyers are the core demand driver, drawn by space and a relaxed lifestyle. Median house prices sit between $705,000 and $735,000, with annual growth ranging from 2.7% to 9.9% depending on the data series, though the 10-year CAGR stands at 15.8%. Houses sell in a median 58–69 days, with three-bedroom homes moving faster at 32 days. The vacancy rate is a tight 0.57%, and gross rental yields hover around 4%. That said, a -3% median vendor discount and an ‘overvalued’ designation point to softening. With annual sales volume near 62–72, supply constraints and rate sensitivity are the key watchpoints.
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PropCred Estimated Value
Comparable Sales: 3-bed house on 450m² sold $640k; 4-bed house on 500m² sold $780k | Property Price Band: $600k–$700k | Value Drivers: condition and internal finish, single-level layout, rental yield potential
Bedrooms
3
Bathroom
1
Parking
2
Land
505m²
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