27 Benaud Street, Greystanes NSW 2145

27 Benaud Street, Greystanes NSW 2145
5-bedroom 1969 house on 556m² | 252m² building footprint | Solar panels and reliable connectivity | Family-focused Greystanes pocket | Renovation or redevelopment potential A five-bedroom floor plan on a mid-sized parcel is rarely found in this pocket, where most homes offer fewer bedrooms. The 252m² building envelope is regarded as generous, and the absence of overlay restrictions leaves options open for renovation or redevelopment. The school catchments are treated as a primary advantage for family buyers, while the established suburban character is supported by both owner-occupiers and land-seeking purchasers. This property serves best those who need immediate space and are prepared to update finishes over time. The age of the dwelling might be considered a value factor, as condition is not confirmed. Presentation could be seen as the main driver, given the street includes both original and updated homes. Renovation costs should be weighed by buyers against the advantage of a large footprint in a family-focused location. >> Comparable Sales: 45 Benaud Street sold at $990,000 in 2015; 35 Benaud Street sold at $711,000 in 2015 | Property Price Band: $1.5M–$1.6M | Value Drivers: land size, five-bedroom layout, school catchment
Detailed Independent Property Report prepared  by PropCred Analyst team for 27 Benaud Street, Greystanes NSW 2145
Checks found:
Value Risk
Liquidity Risk 2
Planning Risk 2
Income Risk ! 1
Execution Risk ! 1
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Market Insight

Greystanes, in Western Sydney, offers access to major roads and nearby train stations, with average-to-above-average schools. Demand is led by families and professionals, supported by a high share of outright owners. House prices have risen 12.96% annually to a median of $1,468,504, with 303 annual sales and 34 days on market. Units grew 9.69% to $877,500. Future growth hinges on planned infrastructure and strong catchment demand, but affordability constraints loom: a $1.47 million median house price challenges first-home buyers, and gross rental yields are low for houses (2.81%) and below Sydney averages, heightening rate sensitivity for investors.
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PropCred Estimated Value

Bedrooms

5

Bathroom

2

Parking

2

Land

556m²

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