42 Budgeree Road, Toongabbie NSW 2146

Large 1031sqm block in tightly held pocket | duplex potential under Parramatta Council | walk to station and schools | strong owner-occupier demand character. The buying case rests on the block’s size and zoning in a street dominated by long-term residents, which signals low turnover and constrained future supply. A 1031sqm lot with 15.2m frontage is rare in this pocket, and the absence of heritage or bushfire overlays reduces approval friction for a duplex or granny flat. The property serves best a buyer willing to hold through the DA process, as the land component alone—not the existing house—drives value. The school catchment and walkability to Toongabbie station underpin resale demand from families, giving the buyer exit optionality if development does not proceed. The flood overlay is the primary risk, as it may raise civil engineering costs and delay approvals; a geotechnical report before auction is prudent. The existing house is small and dated, so rental yield will be modest at an estimated $715pw, meaning the property is a land play, not an income hold. The opportunity lies in submitting a dual-occupancy DA early, which could lift land value by 30–40% post-approval. Hold for development uplift or sell to a builder after consent.