31 Tasman Parade, Fairfield West NSW 2165

31 Tasman Parade, Fairfield West NSW 2165
4 bed | 1 bath | 565 sqm block | Fairfield West | last sold 2017 at $850k This property presents as a functional family house on a standard residential block in Fairfield West, where the 565 sqm land size offers a competitive advantage for buyers seeking space without premium pricing. The four-bedroom configuration and two-car parking serve the family market well, while the single bathroom is a known compromise that may limit appeal but keeps entry cost lower. This property best suits a buyer prioritising land value and location over finish, particularly those with renovation capacity or long-term holding intent. The primary risk is the single bathroom, which reduces resale appeal and rental flexibility, imposing a cost in both time and capital for upgrading. The 2017 sale price of $850,000 provides a clear benchmark, and current market conditions in Fairfield West suggest modest growth, not premium returns. The opportunity lies in the land component, which holds steady in a stable suburban market. Hold this property as a long-term residence or renovate to improve bathroom count for better positioning.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 31 Tasman Parade, Fairfield West NSW 2165
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Market Insight:

Fairfield West is an established residential suburb in Sydney’s western corridor, characterised by a diverse housing stock and a stable community. Demand is supported by its established nature and proximity to broader regional amenities, appealing to a range of buyers seeking entry into the western suburbs market. Recent price trends indicate solid capital growth, with houses transacting efficiently, reflecting sustained market depth. Future appeal is anchored by long-term growth patterns and the suburb’s position at fair value, while its low unit proportion suggests a market less exposed to oversupply dynamics compared to higher-density locales.
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PropCred Estimated Value

Bedrooms

4

Bathroom

1

Parking

2

Land

553mยฒ

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