71 Evergreen Street, Tallawong NSW 2762
71 Evergreen Street, Tallawong NSW 2762
Rare 1.15-acre lot | 4-bed family layout | Strong weekly rent near $780 | House/townhouse taxonomy split | Tailored for family buyers
A rarely available land holding is presented on a 1.15-acre parcel, which is a genuine scarcity within a suburb dominated by compact newer dwellings. The four-bedroom, two-bathroom configuration is well-suited to family living, and the property sits in a family-oriented area with convenient access to transport, schools, and retail. A strong rental estimate of around $790 per week is reflected in the market, indicating solid demand, which is useful for an investor. The best fit is likely a buyer who values substantial open space and the flexibility of a larger lot, or a household seeking a move-in-ready home with practical inclusions such as air conditioning and built-in robes.
Value may be increased by the large land size in the hands of a buyer who sees subdivision potential, but this would depend on council zoning and development approval. Caution might be introduced by the conflicting house/townhouse descriptions, which could affect lender appraisal or insurance. The absence of a confirmed build year and internal floor area might limit direct comparison with newer stock. Future value may be supported by continued residential growth in the area, though the atypically large lot might bring higher maintenance responsibilities. These factors should be weighed when forming a view on price.
>> Comparable Sales: 78 Evergreen Street, 4-bed unit, sold 2023 for $1.02M; 14 Tallawong Road, 4-bed house, sold 2024 for $1.09M | Property Price Band: $1.0M–$1.1M | Value Drivers: Large land, rental yield, family layout
Detailed Independent Property Report prepared by PropCred Analyst team for 71 Evergreen Street, Tallawong NSW 2762
Checks found:
Value Risk
Liquidity Risk
2
Planning Risk
2
Income Risk
2
Execution Risk
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Market Insight
Tallawong, a Sydney metro-fringe suburb anchored by the Tallawong Metro station, is drawing young families, first-home buyers, and investors. Demand is underpinned by direct CBD rail access, a young demographic, and strong rental appeal: houses rent for $800 weekly with yields of 3.1–3.4%, while units yield 5–5.8%. House prices sit between $1.365m and $1.409m, with annual growth ranging from 4.4% to 90.5% depending on the source, and units trade from $630k to $690k, showing a split (-5.3% versus +26.3%). House inventory is exceptionally tight, with just five recent listings and 44 median days on market. Development approvals and metro connectivity support future growth, but sharp price rises heighten rate sensitivity and affordability risk, with units already softening in one dataset. Sales volumes vary widely (57–207 houses), indicating a thin, volatile market.
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PropCred Estimated Value
Bedrooms
4
Bathroom
2
Parking
2
Land
1.15 acres
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