9 Sherwood Drive, Springfield NSW 2250
9 Sherwood Drive, Springfield NSW 2250
1970s brick-and-tile | 3-bed/1-bath/3-car | 601 m² lot | solar + pool | bushfire overlay
A solid 1970s brick-and-tile house is offered here, with a practical three-bedroom layout and exceptional parking for three cars. The 601 m² lot is used efficiently, and the solar panels and pool are considered genuine additions that elevate everyday living. It is located in a quiet, established part of Springfield, close to primary and high school catchments, which makes it particularly appealing to families. The single-level design suits downsizers, while the original finish and room to refine also attract value-conscious buyers. Overall, this property stands out as a versatile suburban home that is unlikely to stay long on the market.
The bushfire overlay may raise insurance costs, though the established setting lowers practical risk. The single bathroom might limit family appeal, and the 1970s bathroom, while functional, may not match renovated peers. The pool and solar panels could add ongoing maintenance but also enhance lifestyle value. Land size and parking are the main value drivers, so condition and presentation will likely influence price more than structure.
Detailed Independent Property Report prepared by PropCred Analyst team for 9 Sherwood Drive, Springfield NSW 2250
Checks found:
Value Risk
2
Liquidity Risk
2
Planning Risk
2
Income Risk
2
Execution Risk
1
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Market Insight
Springfield, on the NSW Central Coast, is a family-driven market with a high proportion of couples with children and a strong purchaser base. House prices sit around $995,000–$1,075,000 depending on source, after 15.6% growth over the past year, though longer-term compound growth is 7.0% annually and 3.0% per annum in other measures. Homes sell in roughly 18–30 days, and the gross rental yield is 3.7%. Demand is underpinned by family buyers seeking established houses, as only 2.7% of stock is strata. Future growth is supported by a 36-year compound growth rate of 6.4% and a housing quality index of 74.9. However, the market sits at fair value near its long-term trend, with low development activity (0.7), and limited supply response may keep competition firm but also caps upside.
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PropCred Estimated Value
Comparable Sales: 8 Sherwood Drive sold for $795,000; 12 Sherwood Drive sold for $820,000 | Property Price Band: $800,000–$900,000 | Value Drivers: land size, pool, condition
Bedrooms
3
Bathroom
1
Parking
1
Land
601m²
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