11 Russell Street, Blacktown NSW 2148

Dual level full brick | separate entries for flexible living | walking distance to station and CBD | strong rental yield potential This property’s primary competitive strength is its dual-living configuration within a full-brick structure, which is uncommon in this part of Blacktown. The separate upstairs and downstairs entries allow a buyer to occupy one level and rent the other, effectively subsidising the mortgage from day one. The oversized garage and the 562sqm lot on a no-overlay site also give a developer or investor a clear path to hold and improve without council friction. It suits a multi-generational buyer wanting separation, or an investor targeting a 3.2%+ gross yield from a single-title holding. The main risk is the property’s marketing history—it has been listed with multiple agents over several months, suggesting price sensitivity or buyer hesitation at the current ask. This softness gives a buyer leverage to negotiate below the March 2026 listing figure. There is no structural or environmental risk detected, so any discount is purely market timing. The opportunity is to secure a dual-income house in a tight rental catchment near transport and schools, then hold for land value growth or subdivide later. Buy it for the yield now, and the land will do the work later.