1 Foreman Street, Glenfield NSW 2167
1 Foreman Street, Glenfield NSW 2167
Detached house on 588m² | 3-bed family layout | Glenfield’s established suburb feel | Price sits above compact unit sales | Room to add value through updates
This is a genuine detached house on a usable 588m² block in a street that mixes older homes with newer townhouses, which gives it a practical advantage over the compact unit and strata stock nearby. The 3-bed, 1-bath configuration is straightforward and functional, suited to first-home buyers wanting land, young families stepping up from apartments, or investors who see the block as the main draw. Its position in an established, transport-linked suburb with schools and shops close by means the demand base is broad rather than niche. The asking range reflects detached-house pricing in this pocket, not the lower unit market, and the land size itself is the strongest competitive feature — it offers redevelopment or extension potential that compact dwellings cannot match.
The historical records suggest the property may have once had two bathrooms and two car spaces, which could mean the current single-bathroom layout is either a simplified configuration or an older renovation that has not been fully updated. That discrepancy might affect how the property is valued against similar houses, as buyers often pay more for a second bathroom. The 588m² block is slightly smaller than some neighbouring lots, so the land efficiency and how well the existing house uses that space will matter when comparing it to other detached homes. The finish level and condition of the kitchen, bathroom, and flooring may also influence the final price more than the basic room count, since the current presentation is not verified.
|| Comparable Sales: 42 Fawcett Street 3/1/1 house on 650m² sold around $1.15M; 22 Foreman Street 5/2/1 house on 563m² estimated near $1.4M | Property Price Band: $1.3M–$1.4M | Value Drivers: land size, bathroom count, condition and update level
Detailed Independent Property Report prepared by PropCred Analyst team for 1 Foreman Street, Glenfield NSW 2167
Checks found:
Value Risk
Liquidity Risk
Planning Risk
2
Income Risk
Execution Risk
URL has been copied successfully!
Market Insight
Glenfield, in Sydney’s southwest, is a family-oriented market with a high proportion of couples with children and a significant under-19 cohort, supported by rail and road links. Median house price is $1.16 million with 10.48% annual growth, houses selling in 19 days, while units are $800,000 with 9.59% growth. A substantial purchaser segment drives demand for larger homes. Rental yields are modest: houses 3.26%, units 4.11%. The suburb’s proximity to the southwest growth corridor and steady 6.2% compound growth over 36 years support appreciation. Risks include affordability constraints near $1.16 million, rate sensitivity, and limited supply of 97 house sales annually.
URL has been copied successfully!
PropCred Estimated Value
Comparable Sales: 42 Fawcett Street 3/1/1 house on 650m² sold around $1.15M; 22 Foreman Street 5/2/1 house on 563m² estimated near $1.4M | Property Price Band: $1.3M–$1.4M | Value Drivers: land size, bathroom count, condition and update level
Bedrooms
3
Bathroom
1
Parking
1
Land
588m²
URL has been copied successfully!