26 Marcus Street, Kings Park NSW 2148
26 Marcus Street, Kings Park NSW 2148
1970s detached house on a large lot | family-oriented Kings Park street | land value likely outweighs the dwelling | suited to renovation-minded buyers
Positioned in an established low-density pocket, this house is set on a substantial suburban parcel within a street of older detached homes. The configuration is best suited to buyers who place a higher value on land than on internal finish. Because the surrounding stock is consistent, the property represents a relatively scarce opportunity to acquire a large block without strata or density complications. Families and longer-term owner-occupiers are best served by this house, given the stable character of the area, the practical layout, and the rarity of comparable large parcels in the immediate pocket.
The dwelling’s age and compact internal size might be seen as a limitation for buyers seeking move-in-ready accommodation. Condition and presentation may materially affect the final price, as could the extent of any prior updates. The large land component may also be considered by buyers weighing future options, though planning parameters would need to be confirmed. The final value might therefore be influenced more by the site’s potential than by the house itself.
Detailed Independent Property Report prepared by PropCred Analyst team for 26 Marcus Street, Kings Park NSW 2148
Checks found:
Value Risk
1
Liquidity Risk
Planning Risk
1
Income Risk
1
Execution Risk
2
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Market Insight
Kings Park, an established Western Sydney suburb, is a family-dominated market. Demand is driven by professionals aged 30–39, mostly mortgage-holders; singles account for just 17%. House prices show variance: medians from $1.048M (6.7% annual growth) to $1.225M (2.08%), while units sit at $1.06M–$1.2M. Sales volume is thin at 54–58 houses annually. Long-term growth is robust—20-year CAGR 5.9%, 36-year 6.2%. The rental market is tight: median house rent $650 a week, with only two vacancies last month. Key constraints are affordability and rate sensitivity, given high mortgage concentration.
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PropCred Estimated Value
Comparable Sales: 6 Marcus Street sold $1.17M, 9 Marcus Street sold $1.5M | Property Price Band: $1.2M-$1.3M | Value Drivers: land size, condition, renovation potential
Bedrooms
4
Bathroom
1
Parking
1
Land
582m²
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