20/5-9 Fourth Avenue, Blacktown NSW 2148
20/5-9 Fourth Avenue, Blacktown NSW 2148
North-facing 2/1/1 | oversized living | gas kitchen | secure parking | investor-grade Blacktown unit
The property is presented as a well-configured two-bedroom apartment in an established Blacktown complex. A north-facing aspect and oversized lounge-and-dining zone are rarely found at this price level, while gas kitchen, internal laundry, and built-in robes are included as practical features that rent well. Secure basement parking broadens its appeal. The layout is consistent with what the local market absorbs, and the walkable trip to Blacktown station, T-Way buses, and Westpoint is relied upon as a steady demand driver. It is best suited to first-home buyers or investors seeking yield over luxury amenity. Strata costs are kept modest by the absence of lift and pool.
Value may be shaped by the lack of a verified construction year and the absence of premium amenities, which could temper capital growth. Rental returns appear supportive, but the price band might be constrained by the complex’s mixed growth history. North-facing layout and gas kitchen may hold long-term appeal, while older building stock could cap upside.
Detailed Independent Property Report prepared by PropCred Analyst team for 20/5-9 Fourth Avenue, Blacktown NSW 2148
Checks found:
Value Risk
Liquidity Risk
1
Planning Risk
2
Income Risk
2
Execution Risk
2
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Market Insight
Blacktown is a major Western Sydney residential hub, underpinned by strong transport links and ongoing infrastructure development. Demand is driven by families and professionals seeking relative affordability and accessibility, leading to robust sales activity and tight market conditions for houses. Recent price growth has been solid, though the market is considered at fair value with a notable divergence between stronger house performance and more stable unit values. Future growth is supported by population increases and employment opportunities, yet key constraints include limited housing supply and potential price sensitivity.
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PropCred Estimated Value
Comparable Sales: 35/5-9 Fourth Ave sold $405k; 11/5-9 Fourth Ave sold $380k | Property Price Band: $380k-$480k | Value Drivers: north-facing layout, gas kitchen, secure parking
Bedrooms
2
Bathroom
1
Parking
1
Land
120m²
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