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Overview
Set on a generous 562 square meter parcel with a 15.24 meter frontage, this property presents a rare opportunity to acquire a sizeable block at an accessible price point, complete with immediate rental income.
The home is neat, functional, and well-maintained, fulfilling its purpose effectively. It is currently leased to a secure tenant until early 2027, providing steady holding income while you plan your next steps.
The interior layout is simple and practical, featuring three bedrooms, a central living area, and a serviceable kitchen and dining space. The home is comfortable as-is, with potential for updates in the future if desired. For everyday comfort, split system air conditioning is installed.
The backyard offers ample space and flexibility, including side vehicular access, making it suitable for buyers interested in securing land now and considering future development options, subject to council approval.
Opportunities like this, where the entry price is attractive, income is available from day one, and future potential can be explored over time, are increasingly scarce in the market.
If you have been waiting for a property you can secure now and improve later, this is one worthy of your attention.
Local Market Insights
In Hammondville, Quiet Listings observed 49 new houses entering the market over the last 30 days, up from 35 during the previous 30-day period, with an average advertised asking price of $1,349,326. The property type mix of listed properties is predominantly Houses at 53%, followed by apartments (25%), and townhouses (10%). The most active agency for houses in the Hammondville area is currently LJ Hooker, representing 35% of new listings, followed by Ray White with 16%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Change History
| Headline | When |
|---|---|
| $900,000 - $990,000 | |
| NEW PRICE | $1,000,000 | |
| $1,010,000 - $1,050,000 | |
| NEW PRICE | $1,000,000 - $1,050,000 | |
| NEW PRICE | $1,050,000 - $1,100,000 | |
| SUBMIT ALL OFFERS | |
| $1,149,000 | |
| Price Guide | $1,100,000 | |
| FOR SALE | BY NEGOTIATION |
Location
Hammondville NSW 2170
Market Insights for Hammondville NSW 2170
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