78 Mount Street, South Gundagai NSW 2722

78 Mount Street, South Gundagai NSW 2722
2-bed house on a rare 1665sqm block | partially renovated with fresh paint | older build but large land is the edge | suited to owner-occupiers and investors seeking space The competitively strong feature here is the unusually large block for an established residential house, which is rare in South Gundagai and provides potential for future subdivision or outdoor use. The partial renovation, including fresh paint and new floor coverings, reduces immediate move-in costs for a buyer. This property serves best a buyer who values land size over a high-spec dwelling, such as a downsizer wanting a detached house with room for a garden or a first-home buyer seeking an affordable entry into a regional market with expansion options. The older circa 1978 construction and partial renovation mean that hidden issues, such as aging plumbing, wiring, or roof condition, may affect value and require inspection. The large lot might also carry higher ongoing maintenance costs for landscaping or fencing. A buyer should weigh the land’s development potential against the house’s age and the limited amenity details available, as these factors could influence future resale or renovation budgets.
Detailed Independent Property Report prepared  by PropCred Analyst team for 78 Mount Street, South Gundagai NSW 2722
Checks found:
Value Risk ! 1
Liquidity Risk ! 1
Planning Risk ! 1
Income Risk ✓
Execution Risk ! 1
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Market Insight

South Gundagai presents a contrasting market within the broader Gundagai region, which is characterised by a significant housing undersupply and strong rental demand. Local demand is driven primarily by established families, supported by substantial infrastructure investment. While the wider area shows price resilience, South Gundagai has experienced recent price declines, creating a potential entry point. Future growth is underpinned by the region’s chronic lack of new stock, though this same constraint presents a key risk for affordability and supply.
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PropCred Estimated Value

Bedrooms

2

Bathroom

1

Parking

-

Land

1663m²

Research & Review Prepared by Brian Moon, Analyst · Reviewed by Matt Proctor, Principal Analyst
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