42 Evelyn Street, Macquarie Fields NSW 2564

Premium renovation | 3-car parking surplus | Selective school proximity | Tightly held street This property presents a compelling proposition due to its significant specification surplus against the local market, most notably the three-car parking and the comprehensively renovated interior. These features are rare for a three-bedroom, one-bathroom house in this suburb and position it for a specific buyer seeking modern finishes and ample vehicle or workshop space without needing to undertake renovations. Its walking-distance proximity to the selective stream high school creates a durable locational advantage, appealing directly to families prioritizing education access. The house is best suited to an owner-occupier who values immediate livability and the utility of extra parking in a tightly held part of Macquarie Fields. The primary commercial risk is its price positioning approximately 20% above recent sales evidence for standard configurations on the same street, creating immediate equity risk in a softening market. The singular bathroom layout, while common locally, imposes a ceiling on broader buyer appeal and future capital growth relative to two-bathroom homes. The opportunity lies in acquiring a turnkey property in a street with low turnover, where the premium for quality and parking may be sustained by scarcity. Proceed only if the premium for condition and convenience aligns with a long-term holding intention, as the investment rationale relies on owner-occupier demand rather than yield. Recent sales on Evelyn Street provide essential context: – 6/9 Evelyn St: 3 bed, 1 bath, 3 car – $835,000 (Dec 2025) – 66 Evelyn St: 3 bed, 1 bath, 1 car – $858,000 (Sep 2023) – 128 Evelyn St: 3 bed, 2 bath, 1 car – $915,000 (Nov 2022) – 51 Evelyn St: 3 bed, 1 bath, 2 car – $752,500 (Feb 2021) The asking price of $1,250,000 demands a substantial premium over these comparables, justified only by the superior renovation quality and the extra parking capacity. This disparity necessitates aggressive negotiation to bridge the gap between its aspirational listing and demonstrated street value.