52 Lucas Road, East Hills NSW 2213
52 Lucas Road, East Hills NSW 2213
3-bed house on 768m² | 1975 build | flood overlay noted | sold $1.225M in 2023 | family-oriented East Hills
This property offers a genuinely rare combination in East Hills: a 768m² block paired with a modest 3-bedroom, 2-bathroom layout. That land-to-floor-area ratio gives it real flexibility—either as a comfortable family home with generous outdoor space or as a future renovation or rebuild candidate. The 1975 construction places it in the older detached-house cohort, but the recorded updates—air conditioning, dishwasher, built-in robes, floorboards, ensuite, and solar—suggest it has been maintained and improved rather than left in original condition. With parking for 3–4 cars, a fully fenced yard, and school catchment access, this suits a family seeking space and practicality over polish. It is a land-heavy holding in a quiet, established pocket, which typically appeals to owner-occupiers who value room to grow or modify.
The flood overlay is the main factor to weigh when forming a view on price. It may affect future development applications or insurance costs, and it could limit how much a buyer is willing to pay for the land component. The property’s value is also tied to its age—updates are present, but a 50-year-old structure may require ongoing maintenance or eventual replacement. The estimated rent of $890–$900 per week implies solid family demand, but the yield is modest, so this is more about long-term land value than immediate income. A buyer should consider how the flood constraint interacts with their intended use, whether that is moving in as-is or planning a future project.
|| Comparable Sales: 59 Lucas Road (891.6m², 3-bed, renovation opportunity) and 2/53 Lucas Road (3-bed villa, double garage) | Property Price Band: $1.2M–$1.3M | Value Drivers: land size, flood overlay impact, condition and updates
Detailed Independent Property Report prepared by PropCred Analyst team for 52 Lucas Road, East Hills NSW 2213
Checks found:
Value Risk
2
Liquidity Risk
2
Planning Risk
2
Income Risk
2
Execution Risk
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Market Insight
East Hills is a compact Canterbury-Bankstown pocket of about 3,300 residents where families still predominate, listings stay scarce and middle-ring buyers chase bigger blocks plus the East Hills line and local schools, keeping inquiries ahead of stock.
Houses now trade around $1.55–1.63 million with annual gains of about 9–11%, which implies the past six months have broadly held positive momentum rather than retreating while median weekly rents near $800 support both owner-occupiers and investors.
Risks include household incomes lagging Metro Sydney and a very tight 0.49% vacancy rate that caps rental upside, yet the appetite for renovated or dual-living homes amid limited new supply keeps buyers circling East Hills.
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PropCred Estimated Value
Comparable Sales: 59 Lucas Road (891.6m², 3-bed, renovation opportunity) and 2/53 Lucas Road (3-bed villa, double garage) | Property Price Band: $1.2M–$1.3M | Value Drivers: land size, flood overlay impact, condition and updates
Bedrooms
3
Bathroom
2
Parking
3
Land
768m²
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