9/73-81 Balgownie Road, Balgownie NSW 2519

9/73-81 Balgownie Road, Balgownie NSW 2519
Balgownie villa | three beds | single-level | flood overlay | below-median entry This single-level villa presents a competitively priced, low-maintenance entry into a premium suburb, serving a buyer prioritizing accessibility and location over standalone land. Its configuration is a functional offering for downsizers or small families, positioned moments from village amenities and well-regarded public schools. The north-west aspect and fibre internet are supporting conveniences that align with modern expectations. The primary financial risk is the flood overlay, which necessitates immediate due diligence on insurance costs and potential future resale constraints. The strata structure mitigates bushfire risk but introduces ongoing fee obligations. Acquire this property as a long-term hold, leveraging its below-median purchase price against the suburb’s strong house price trajectory. Its optimal use is as a principal residence, where the rental yield is secondary to capital stability and lifestyle utility. Recent sale data confirms a purchase below market median. It sold for $885,000 in mid-2024 against a current suburb unit median of $900,000, with its estimated value now slightly above that median. This indicates you are analyzing a property that was acquired at a relative discount, with early evidence of value growth aligning with broader market movements.

Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ 

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Market Insight:

Balgownie offers established suburban living within the Illawarra region, appealing for its proximity to natural attractions. The market demonstrates stable house price conditions with moderate growth, while unit values show stronger recent momentum. Demand is supported by solid rental yields, with houses transacting efficiently, indicating consistent buyer interest. Future growth will likely hinge on broader regional infrastructure and amenity enhancements, though limited sales volume suggests a tightly held market which can constrain supply.
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PropCred Estimated Value

Bedrooms

Bathroom

Parking

2

Land

2.28 acres

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