11/437-441 Lyons Road, Five Dock NSW 2046

11/437-441 Lyons Road, Five Dock NSW 2046
2 bed, 1 bath flat in Five Dock | 2 car spaces rare for this size | north-facing potential in a walkable village pocket This flat sits in a well-positioned block on Lyons Road where the 2-car allocation is genuinely unusual for a 2-bedroom unit and gives it an edge over most comparables in Five Dock. The single-level configuration within a multi-unit complex suits downsizers or investors targeting tenants who value parking over space. Proximity to Five Dock Public School and the future Metro West station reinforces long-term demand from families and professionals alike. The estimated rental yield at $730 per week suggests strong income potential relative to the price point, and the absence of overlay risks simplifies due diligence. The primary risk is the 2222m² lot size likely reflects the entire strata block, not the unit’s exclusive area, so buyers should verify strata levies and sinking fund health before committing. The comparable at 1/437-441 Lyons Road at $1,040,000 suggests limited upside unless the 2-car allocation or north-facing aspect commands a premium. Opportunities lie in the complex’s parking and storage configuration, which may allow for minor value-add through better utilisation or future strata improvements.
Detailed Independent Property Report prepared  by PropCred Analyst team for 11/437-441 Lyons Road, Five Dock NSW 2046
Checks found:
Value Risk ! 1
Liquidity Risk ! 1
Planning Risk ! 1
Income Risk ✓
Execution Risk ✕ 2
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Market Insight

Five Dock presents as a well-established, owner-occupied suburb with a vibrant community and diverse amenities, attracting families and professionals. Demand is underpinned by its appealing lifestyle and charming housing stock, with houses demonstrating strong recent growth and a brisk sales market. Future prospects are supported by its established character, though its position under a flight path presents a notable environmental constraint.
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PropCred Estimated Value

Bedrooms

2

Bathroom

1

Parking

2

Land

2222m²

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