5/117-119 John Street, Merrylands NSW 2160
5/117-119 John Street, Merrylands NSW 2160
3-bed townhouse | double garage | modernised interior | strong rental demand | value-driven suburb
What makes this townhouse stand out is the rare combination of three bedrooms, two bathrooms, and a double lock-up garage with internal access—a configuration that appeals directly to owner-occupiers seeking space without the maintenance of a detached house. The ensuite and walk-in wardrobe in the master bedroom, timber flooring, and gas cooking with stainless steel appliances place it above basic investor-grade stock, giving it a polished, move-in-ready feel. Within a complex of only eight, it offers a quieter, more private living environment than larger developments. This property serves growing families and first-home buyers who want modern comfort, practical parking, and a low-maintenance backyard, all within a convenient suburban corridor near schools, shops, and transport. Its presentation and layout make it a competitive choice for those prioritising lifestyle efficiency over land size.
The value of this townhouse may be shaped by its position within a small complex, where individual resales can set expectations, and by the absence of any overlay constraints like flood or bushfire risk, which supports straightforward financing and insurance. The estimated rental return of around $825 per week suggests solid income potential, which may attract investors, but the price band likely reflects owner-occupier demand more than yield-driven buying. The building’s age, with sales recorded in the 1980s, might mean older infrastructure, though the modernised interior offsets this. Buyers should weigh the convenience of the location against the lack of premium school catchments, as the property sits near Granville rather than a high-ranking zone. These factors may influence negotiation, but the overall package remains balanced for its market.
Detailed Independent Property Report prepared by PropCred Analyst team for 5/117-119 John Street, Merrylands NSW 2160
Checks found:
Value Risk
1
Liquidity Risk
Planning Risk
1
Income Risk
2
Execution Risk
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Market Insight
Merrylands, in Western Sydney, is anchored by a professional, tertiary-educated workforce. Houses have recorded 6–8.5% annual growth, with medians around $1.415–$1.45 million on ~260 sales. Units sit at $530,000 but have slipped 4.5% year-on-year, despite selling faster than houses (39 vs 47 days). Rents are firm: houses $750–$800 weekly, units $600 weekly, and unit yields near 5.8%. Future growth relies on the suburb’s strategic Western Sydney position and continued professional migration, but the 45% house auction clearance rate versus NSW’s 67% signals softer auction demand, while unit price declines point to selective supply-side risk.
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PropCred Estimated Value
Comparable Sales: 7/117-119 John Street sold $900,000; 110 John Street sold $1,300,080 | Property Price Band: $900K–$1.0M | Value Drivers: modernised condition, double garage, small complex privacy
Bedrooms
3
Bathroom
2
Parking
2
Land
236m²
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