98 Blaxland Avenue Singleton Heights NSW 2330

98 Blaxland Avenue Singleton Heights NSW 2330
Older 5-bed house on large lot | Fully furnished for immediate rental | Walkable location with schools | Priced above recent sale and estimates This property presents a clear valuation risk, as its current asking price sits significantly above both its recent purchase price and the estimated market range. The cost to a buyer is an immediate equity shortfall. However, the fully furnished rental listing at a premium rate signals a strong, turnkey income opportunity. For a buyer, the logical hold strategy is as a high-yield rental investment, not a primary residence, given the furnished premium and the price discrepancy. Its competitive strength lies in the rare combination of a large, five-bedroom floorplan on a substantial block within a short walk of local amenities and schools. This serves an investor seeking a high weekly rent from a single family or group, capitalizing on the furnished offering and the scarcity of such large rentals in a walkable location. The older build year is offset by the land component and functional layout. Your next step is to validate the achievable rental income against local unfurnished stock to quantify the premium and justify the price gap. Recent comparable sales data shows the property itself sold for $600,000 just last year. This recent transaction provides a concrete benchmark, indicating the vendor’s current asking price requires a substantial premium justified by the furnished state and recent market movements.

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

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Market Insight:

Singleton Heights presents a compelling investment proposition, characterised by robust capital appreciation and strong rental yields that exceed regional benchmarks. Demand is underpinned by a young demographic, with significant mortgage engagement indicating owner-occupier and investor activity. The market demonstrates considerable momentum, with houses transacting efficiently and units exhibiting particularly vigorous growth. Future performance is supported by high rental returns, though a notable proportion of leveraged owners suggests sensitivity to broader economic conditions.
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PropCred Estimated Value

Bedrooms

5

Bathroom

2

Parking

2

Land

613mΒ²

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