Back 38 Rae Cres
Off Market

38 Rae Cres

Balgownie NSW 2519

3
2
2
620 m²
House
Last sold for $1,220,000
Troy McNeiceTroy McNeice, last sold this property on 01 August 2025 after 122 days on market.

Overview

Duo

investment | classic | location Positioned in a quiet and sought-after location, this rare offering caters to a diverse range of buyers. Whether you're a family buying jointly, seeking a live-in-one, rent-the-other arrangement, or pursuing a full investment opportunity, this property delivers exceptional versatility and potential. what you will love > two well-cared-for properties sold in one line > current rental return of $44,200 gross per annum both in expired leases > 17m frontage offers potential for future redevelopment > a single-level structure on a near-level allotment > both unit feature spacious floor plans with open-plan living areas > bathrooms equipped with bathtubs, freestanding showers > separate water closets plus both units offer internal laundries > well maintained kitchens that maximise storage and workspace > 3 well-appointed bedrooms across the two unit, all with built-in robes > dual covered carport with classic breezeblocks feature wall > approximate 3-minute drive to the local shopping village > flat, walkable neighborhood with easy access to local amenities > potential for future duplex development, subject to council approval > council = $2,748 pa, water = $688 pa, land size = 620 sqm Whilst every effort has been made to ensure the accuracy and thoroughness of the information provided to you in our marketing material, we cannot guarantee the accuracy of the information provided by our vendors, and as such, Molenaar and McNeice makes no statement, representation or warranty, and assumes no legal liability in relation to the accuracy of the information provided. Interested parties should conduct their own due diligence in relation to each property they are considering purchasing. All photographs, maps and images are representative only, for marketing purposes.

Features

3 bedrooms
2 bathrooms
2 carspaces
620 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Balgownie over the last 12 months, the estimated median property value of 38 Rae Cres is $1.2m.

Median value
$1.2m
Estimated value range
$778.05k - $1.38m
Median days on market
56
Estimated value trend
0%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Balgownie. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 38 Rae Cres

2025
Sold
$1,220,000
Private Sale/Treaty on 01 Aug 2025 by Troy McNeice, of Molenaar x McNeice – Bulli
2022
Sold
$1,275,000
Private Sale/Treaty on 07 Jul 2022 by Alexander Duncan, of DiJones Wollongong

Happy sellers in Balgownie

82%
82% of sellers in Balgownie reported that their sale price either exceeded or met their price expectations.

Balgownie stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 10 reviews in Balgownie over the last 12 months.

Local market activity for 3 bedroom houses in Balgownie

In the last 12 months, 12 three-bedroom houses similar to 38 Rae Cres, have been sold.

This represents a 43% increase in three-bedroom houses sales when compared to the previous 12 months.

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