4 St Albans Road, Schofields NSW 2762
4 St Albans Road, Schofields NSW 2762
1950-built house on 1,020 m² | R2-zoned redevelopment canvas | 3-bed original layout | FTTP + 5G connected | Renovator’s opportunity
Within Schofields, this property is defined by its land: a 1,020 m² R2-zoned lot, far larger than the 235 to 356 m² parcels typical of newer stock. The 1950-built house is modest and dated, but the combination of size, zoning, and established location is rarely available. Buyers are best served by viewing it as a redevelopment or large-renovation opportunity, or as a land holding for a future family home. Its older character and generous footprint distinguish it from the compact townhouses and modern detached homes that dominate much of the suburb.
The property’s value may be shaped by its condition and the extent of renovation required. The existing single-living-area layout and dated finishes might limit immediate rental returns until improvements are made. Its R2 zoning and large lot may support subdivision or a new dwelling, but confirmation of development potential is recommended. Buyers should weigh the cost of modernising the property against its land-driven value.
>> Comparable Sales: Lot 107 St Albans Rd $1.30M (Feb 2026); 6-bed street sale $1.505M | Property Price Band: $1.4M to $1.5M | Value Drivers: land size, R2 zoning, renovation scope
Detailed Independent Property Report prepared by PropCred Analyst team for 4 St Albans Road, Schofields NSW 2762
Checks found:
Value Risk
Liquidity Risk
2
Planning Risk
2
Income Risk
1
Execution Risk
1
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Market Insight
This Sydney suburb is an established, affluent market where high household incomes and a strong owner-occupier presence drive demand. Houses trade at a median around $1.27 million with modest 1-2% annual growth, while units average $602,500-$636,500 and have slipped slightly year-on-year, reflecting a softer segment. Homes sell quickly, in roughly 30-34 days, indicating healthy buyer interest but tight supply. Rental yields are thin for houses at about 3.2%, stronger for units at 5-5.7%, but the high 87% mortgage ownership rate leaves the market exposed to rate cycles. The flat-to-negative unit trend and elevated price points present the main constraints.
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PropCred Estimated Value
Bedrooms
3
Bathroom
1
Parking
1
Land
1020m²
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