28 Bimbil Street, Blacktown NSW 2148
28 Bimbil Street, Blacktown NSW 2148
3 bedrooms, 1 bathroom house on a 1,776m² lot with 5 car spaces (including driveway) and 89m² of internal floor area. Single-level, likely older build, set in a quiet cul-de-sac in Blacktown. No recent renovation data, but the land-to-building ratio is exceptional for the area.
The property’s core competitive strength is its land. At nearly 1,800m², it is substantially larger than typical Blacktown house lots, which are often below 600m² and increasingly given over to attached housing. That land mass, in a cul-de-sac, gives it a genuine scarcity value that most homes in the suburb cannot claim. It is positioned as a land-holding opportunity first and a dwelling second. The buyers it serves best are developers or investors looking to hold for future subdivision or a custom build, as well as families who prioritise outdoor space over internal square meterage. The existing 89m² floor plan is modest, meaning the price is being driven by the dirt beneath it not the house itself.
What may materially affect the value or sale price is the lack of confirmed zoning or development guidance. If the land is R2 low density, subdivision may be restricted, limiting upside. Conversely, if it falls within a rezoning corridor or has dual occupancy potential, the premium could be justified. The small building footprint and unverified condition might require a renovation budget or demolition cost, which a buyer should weigh against the land’s latent value. Rental yield is low at 2.75%, so any investment case rests on capital growth, not cash flow.
Detailed Independent Property Report prepared by PropCred Analyst team for 28 Bimbil Street, Blacktown NSW 2148
Checks found:
Value Risk
1
Liquidity Risk
1
Planning Risk
1
Income Risk
2
Execution Risk
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Market Insight
Blacktown is a major Western Sydney residential hub, underpinned by strong transport links and ongoing infrastructure development. Demand is driven by families and professionals seeking relative affordability and accessibility, leading to robust sales activity and tight market conditions for houses. Recent price growth has been solid, though the market is considered at fair value with a notable divergence between stronger house performance and more stable unit values. Future growth is supported by population increases and employment opportunities, yet key constraints include limited housing supply and potential price sensitivity.
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PropCred Estimated Value
Bedrooms
3
Bathroom
1
Parking
2
Land
1776m²
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