26 Matthew Parade, Blaxland NSW 2774
26 Matthew Parade, Blaxland NSW 2774
4 garage spaces rare for street | large 942–948sqm level block | established 3-bed house, single bath | last traded $750k in 2021 | off-market, strong family demand
This house is seen to hold a genuine edge for its street. A rare practical advantage is provided by the four-car garage, and the substantial land block offers space for workshops, trailers, or future extension. The established single-level layout is suited to buyers wanting a solid base in the Blue Mountains without premium renovation expectations. Its best market is served by a family or land-bank buyer who prioritises land and parking over polished interiors, and a quiet residential pocket is valued with school and transport access nearby.
Potential constraints may be identified in the single bathroom, as modern family buyers typically expect two. The property’s condition is not confirmed, so original finishes might require updating, which could temper bidding. However, the large block and R2 zoning context may allow future subdivision or extension, subject to council approval, which adds optionality rather than immediate value. The cost of renovations should be weighed against the land’s intrinsic worth by buyers.
Detailed Independent Property Report prepared by PropCred Analyst team for 26 Matthew Parade, Blaxland NSW 2774
Checks found:
Value Risk
2
Liquidity Risk
2
Planning Risk
2
Income Risk
1
Execution Risk
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Market Insight
Blaxland, in Sydney’s Lower Blue Mountains, balances suburban living with natural surroundings and sits close to the Great Western Highway, supporting its established residential character. Demand is driven chiefly by affluent professionals, couples with children, and buyers aged over 55, with 41% of residents being purchasers and roughly one-third aged 55 or older. The median house price is approximately $1.17–$1.20 million, having risen 7.0% over the past year and 6.6% annually over a decade, positioning the market near its long-term fair value. Houses sell quickly, averaging 39 days on market, while gross rental yields sit low at 3.1%, indicating owner-occupier strength. A 0.23% population decline since 2016 and entry prices catering to established buyers temper demand, though historical sales activity and lifestyle appeal underpin future growth.
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PropCred Estimated Value
Comparable Sales: 6 Matthew Parade sold $900k; 46 Matthew Parade sold $820k | Property Price Band: $0.9M–$1.0M | Value Drivers: land size, four garage spaces, single-bath condition
Bedrooms
3
Bathroom
1
Parking
2
Land
948m²
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