197 Richmond Road, Marayong NSW 2148
197 Richmond Road, Marayong NSW 2148
Large block | detached studio | recent sale | mixed price signals | school catchment confirmed.
This house sits on a substantial 847–889 m² parcel in a tightly held pocket of Marayong, where street-level turnover is low. The modest 99–119 m² floorplate with three bedrooms and a separate studio offers flexibility for a household needing extra workspace, guest accommodation or a potential rental income stream. The wide frontage and side driveway support multiple vehicles or trade equipment, and the updated interiors reduce immediate renovation pressure. The property is within catchment for Marayong Public School and Blacktown Girls High School, which adds appeal for family buyers.
The main constraint is the unresolved price picture. The property sold in September 2025 for $875,000 but is now relisted, and portal estimates span $800,000 to $1.06 million, creating uncertainty about fair value. The house is small relative to the land, so the buying case rests heavily on the land’s future scope, but zoning and development feasibility have not been independently verified. A clear price anchor and confirmation of permitted uses on the block are needed before confidence can be placed in the guide.
Detailed Independent Property Report prepared by PropCred Analyst team for 197 Richmond Road, Marayong NSW 2148
Checks found:
Value Risk
1
Liquidity Risk
1
Planning Risk
2
Income Risk
Execution Risk
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Market Insight
Marayong is a family-centric suburb with strong transport links, attracting both owner-occupiers and investors. Demand is driven by families seeking value and investors capitalising on robust capital growth and solid rental yields. The market has demonstrated significant price appreciation, characterised by tight supply and competitive conditions. Future growth is underpinned by its connectivity and established appeal, though affordability constraints and sensitivity to interest rates present ongoing considerations.
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PropCred Estimated Value
Bedrooms
3
Bathroom
2
Parking
1
Land
847m²
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