27 Lascelles Avenue, Greenacre NSW 2190

27 Lascelles Avenue, Greenacre NSW 2190
5-bed single-bath config | 669mยฒ land holding | 6-car parking rare | strong capital growth | family demand location The property is considered a competitively positioned holding within its segment, the standout features being the substantial land area and the unusual 6-car parking capacity. The five-bedroom, one-bathroom configuration in a single-level home on a 669mยฒ block is rare for the area, creating a distinct market position for buyers who can accommodate the bathroom limitation. The land is the primary value driver, offering scope for future extension or reallocation of space. This property serves best for large families seeking generous accommodation at a more accessible price point, or for investors prioritising land appreciation in a location with demonstrated strong capital growth. The single bathroom represents the principal risk, likely narrowing the buyer pool and potentially extending marketing time, though it also provides a negotiating advantage. The established nature of the home suggests some interior updates may be needed, but no environmental risks such as flood or bushfire were identified. The key opportunity lies in the landโ€™s potential: a second bathroom could be added, or dual occupancy might be feasible subject to zoning. The 6-car space is a genuinely rare amenity that adds practical utility for tradespeople, collectors, or families with multiple vehicles. For a buyer prepared to address the bathroom limitation and hold for medium-term growth, this property offers a solid entry into a corridor with tangible upside.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 27 Lascelles Avenue, Greenacre NSW 2190
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Market Insight:

Greenacre presents a compelling, family-centric market with a distinct divergence between its robust house and more moderate unit segments. Demand is driven by young professional families, supported by strong income growth and population expansion. The house market exhibits exceptional recent growth and tight conditions, while units offer more stable, yield-focused investment. Future performance is underpinned by these demographic tailwinds, though sensitivity is indicated by current vendor discounting and a constrained supply of stock for sale.
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PropCred Estimated Value

Bedrooms

5

Bathroom

1

Parking

2

Land

669mยฒ

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