2/232 Averys LaneBuchanan NSW 2323
Property Details for 2/232 Averys Lane, Buchanan
2/232 Averys Lane, Buchanan is a 5 bedroom, 3 bathroom House. The property has a land size of 595m2. While the property is not currently for sale or for rent, it was last sold in June 2026. There are other 5 bedroom House sold in Buchanan in the last 12 months.
Last Listing description (July 2026)
Investment appeal meets modern comfort in this exceptional dual-occupancy property, completed in November 2024 and set on a 595m elevated block surrounded by quality homes. Designed for both lifestyle and performance, this residence delivers two fully self-contained dwellings under one roofline-ideal for investors seeking strong returns and long-term growth.
Showcasing an appealing modern faade, neutral colour palette and quality finishes throughout, this Thomas Paul build offers low-maintenance living with broad tenant appeal.
Each home features contemporary open-plan living, sleek kitchens with stone benchtops, soft-close cupboards & draws and stainless steel appliances, and private, fully fenced and landscaped yards-ensuring comfort, privacy, and lasting rental demand.
Property Highlights:
Dual-occupancy design two homes under one title
Built November 2024 near-new Thomas Paul build
Generous 595m elevated block in a quality streetscape
Appealing modern faade with neutral tones
Combined current rental income: $1,060 per week
Potential rental return: $1,160 per week
Primary Residence:
3 bedrooms, 2 bathrooms, single lock-up garage
Master bedroom with ensuite
Currently leased at $560/week
Rent review due November 2026
Secondary Dwelling:
2 bedrooms, 1 bathroom, single lock-up garage
Currently leased at $500/week
Rent review due March 2027
Features & Inclusions:
Ducted air conditioning throughout
Ceiling fans and downlights
Modern kitchens with stone benchtops & stainless steel appliances
Open-plan living in both dwellings
Landscaped, private, fully fenced yards
Services are separately metered
Low-maintenance design ideal for investors
Located in a growing Hunter Valley corridor, this property benefits from strong connectivity via the Hunter Expressway, providing seamless access to key employment and lifestyle hubs including Maitland and Newcastle. Close proximity to major infrastructure such as Maitland Hospital and retail destinations like Green Hills Shopping Centre enhances tenant appeal, supporting consistent demand in this emerging lifestyle region.
A rare opportunity to secure a near-new, dual-income property in a growing location-offering immediate returns, quality construction and long-term investment potential.
Property History for 2/232 Averys Lane, Buchanan, NSW 2323
- 30 Jun 2026Listed for Sale $1,080,000 - $1,120,000
- 30 Jun 2026Sold for $1,150,000
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0About Buchanan 2323
The size of Buchanan is approximately 30.6 square kilometres. There is 1 park within the area. The population of Buchanan in 2016 was 197 people. By 2021 the population was 212 showing a population growth of 7.6% in the area during that time. The predominant age group in Buchanan is 10-19 years. Households in Buchanan are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Buchanan work in a professional occupation.In 2021, 64.30% of the homes in Buchanan were owner-occupied compared with 80.70% in 2016.
Buchanan has 270 properties. Over the last 5 years, Houses in Buchanan have seen a 20.05% increase in median value. As at 31 July 2026:
- The median value for Houses in Buchanan is $1,253,164.
- Houses have a median rent of $690.
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