81 Dongola Circuit, Schofields NSW 2762
81 Dongola Circuit, Schofields NSW 2762
81 Dongola Circuit is a three-bedroom, one-bathroom single-level house on a 516 square metre lot, built in 1992 and fully renovated. It includes a freestanding garage or workshop and a north-facing rear aspect.
This property is competitively positioned as a move-in-ready home on a generous lot in a suburb where 400 to 500 square metre blocks are more common. The north-facing rear is a genuine premium, giving the backyard strong sun exposure through the day. The renovation is thorough, meaning a buyer avoids the cost and disruption of updating a 1990s build. The wide side access and lot size also open the door to a future granny flat, subject to council approval. This house best suits a family wanting space and a modern interior without paying a premium for a new build, or an investor looking for a property with both immediate rental demand and longer-term development optionality.
The 1992 build year, while renovated, may still have underlying systems like plumbing or wiring that are original and could need attention in the medium term. The single bathroom is a constraint for families or future tenants, particularly compared to two-bathroom alternatives. Rental yield sits near three percent, which is typical for a growth suburb but below what some investors target. The distance to the metro station at over four kilometres means car dependency for public transport, and the future hospital is also a drive away. These factors may temper price growth relative to properties closer to infrastructure, though the renovation and land size provide a solid floor.
Detailed Independent Property Report prepared by PropCred Analyst team for 81 Dongola Circuit, Schofields NSW 2762
Checks found:
Value Risk
2
Liquidity Risk
1
Planning Risk
2
Income Risk
2
Execution Risk
2
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Market Insight
This suburb presents a stable, established market with house values holding firm, supported by a high-income demographic. Demand is anchored by owner-occupiers, evidenced by strong sales volumes and competitive market times for houses. While house prices show modest resilience, the unit segment faces slight downward pressure, creating a divergent market. Future growth will rely on sustained high household incomes, though the high prevalence of mortgages indicates sensitivity to economic conditions and interest rates.
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PropCred Estimated Value
Bedrooms
3
Bathroom
1
Parking
1
Land
516m²
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