27 Fifth Avenue, Canley Vale NSW 2166

27 Fifth Avenue, Canley Vale NSW 2166
Dual-living layout | 759-776 m² land | 5 bathrooms | 22.1 m frontage | flood overlay Multiple self-contained living areas are provided, including a studio apartment and attached granny flat, so the house is considered more flexible than typical Canley Vale stock. The large rectangular block with a 22.1 m frontage is considered unusual for the suburb, and the R2 low-density zoning is expected to support extended-family occupation or future dual-occupancy, subject to approval. The property is situated close to the station and Canley Vale High School, and is matched to owner-occupiers needing multigenerational space or investors seeking a higher-occupancy holding. The five bathrooms are distinct advantages in this configuration. The flood overlay and medium-risk control are considered the main price factors, as redevelopment may be limited and site costs may be added. Upkeep may be needed for the older build, and the bedroom count varies, so the current layout and any unapproved works should be confirmed. Dual-occupancy may be supported by frontage/lot structure, subject to council approval. >> Comparable Sales: 23 Fifth Avenue sold 2016 for ~$818k; 28 Fifth Avenue sold ~$800k (689 m²) | Property Price Band: $1.8M-$1.9M | Value Drivers: land size, dual-living layout, station proximity
Detailed Independent Property Report prepared  by PropCred Analyst team for 27 Fifth Avenue, Canley Vale NSW 2166
Checks found:
Value Risk ✕ 2
Liquidity Risk ✓
Planning Risk ! 1
Income Risk ✓
Execution Risk ! 1
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Market Insight

Canley Vale, a well-established Sydney suburb, presents a two-tier market. Houses sit near $1.4–1.435M with strong 17.14% annual growth and a fast 24-day median selling time. Units are far more accessible at roughly $460–498K, also growing solidly at 13.18% annually. Demand is split accordingly: first-home buyers and investors concentrate on apartments-evident in the 25.3% strata share and higher 4.92% gross yield-while families and established buyers drive house sales, where yield is thinner at 2.98%. Weekly rents of $450 for units and $700 for houses reinforce this profile. The suburb’s sustained capital appreciation across both segments is the central demand driver, though affordability constraints and limited supply could temper future momentum.
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PropCred Estimated Value

Bedrooms

4

Bathroom

5

Parking

2

Land

776m²

Research & Review Prepared by Brian Moon, Analyst · Reviewed by Matt Proctor, Principal Analyst
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