49 Murray Street, St Marys NSW 2760
49 Murray Street, St Marys NSW 2760
3-bed house | 628 m² block | R3 zoning | $1.0–1.05M guide | Established street
This property’s core strength is its land-to-dwelling ratio in a suburb where detached houses are the dominant stock type. The 628 m² block is generous by current standards, and the R3 zoning signals future flexibility beyond standard owner-occupation, which broadens its appeal to families and investors alike. The configuration—three bedrooms, one bathroom, single car—is functional but modest, placing it squarely in the entry-level family bracket. Its proximity to primary and high school catchments, along with established transport and shopping corridors, makes it a practical choice for buyers seeking a foothold in a well-serviced, lower-to-middle suburban market. The price guidance aligns closely with the suburb’s house median, suggesting the market is pricing the land and location more heavily than the dwelling’s internal specification.
The property’s value may hinge on its presentation and condition relative to comparable stock in the immediate area. One bathroom and one car space are lighter than some upgraded neighbours, which might limit its appeal to buyers expecting modern finishes or additional parking. The R3 zoning could be a double-edged factor—while it offers redevelopment potential, it may also attract speculative interest that pushes the price beyond what a purely residential buyer would justify. Buyers should weigh the cost of any necessary updates against the land’s long-term utility, particularly given the possibility of secondary dwelling approval on similar-sized blocks in the street. The 2022 sale history provides a reference point, but current market conditions and the zoning note will likely drive the final figure.
|| Comparable Sales: 38 Murray Street sold $867,000 (3/1/1, 613 m²) | Property Price Band: $1.0M–$1.1M | Value Drivers: land size, zoning flexibility, street location, condition relative to updated comparables.
Detailed Independent Property Report prepared by PropCred Analyst team for 49 Murray Street, St Marys NSW 2760
Checks found:
Value Risk
Liquidity Risk
2
Planning Risk
2
Income Risk
1
Execution Risk
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Market Insight
St Marys is a well-established Western Sydney suburb with a clear market segmentation, attracting diverse demand. Families are drawn to its houses for the school access and lifestyle, while first-home buyers and investors find value in the apartment segment. The market has demonstrated strong recent growth, with houses appreciating notably and units offering solid rental yields. Long-term fundamentals are supported by consistent demand, though the market is currently considered fairly valued, suggesting steady rather than speculative future performance.
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PropCred Estimated Value
Comparable Sales: 38 Murray Street sold $867,000 (3/1/1, 613 m²) | Property Price Band: $1.0M–$1.1M | Value Drivers: land size, zoning flexibility, street location, condition relative to updated comparables.
Bedrooms
3
Bathroom
1
Parking
1
Land
628m²
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