5/8-18 Wallace Street, Blacktown NSW 2148

5/8-18 Wallace Street, Blacktown NSW 2148
2 bed 2 bath 1 car | Ground floor appeal | Strong rental yield signal | Functional Blacktown apartment stock This apartment offers a rare configuration advantage for its market, with two bathrooms and a car space making it genuinely functional for couples, small families, or investor tenants. The ground floor position, if confirmed, provides easy access and a point of difference in a strata complex that is described as well-maintained. With NBN fibre and 5G connectivity, the property is suited to modern working-from-home needs. It sits in a residential zone with no detected hazard overlays, which reduces holding risk. The combination of two bathrooms and parking gives this unit an edge over typical one-bathroom stock, making it a stronger candidate for both owner-occupiers seeking convenience and investors targeting consistent rental demand. The reported unit entitlement of 124 mยฒ should be treated as a lot area rather than internal floor space, so the actual living area may be closer to 92 mยฒ based on a comparable unit in the same complex. This size is adequate for a two-bedroom apartment but means storage and room dimensions may be compact. The lack of verified finishes, renovation level, and aspect means the propertyโ€™s condition and outlook could significantly influence its market appeal and final price. A buyer should inspect carefully to assess natural light, noise exposure, and overall presentation, as these factors may affect both livability and resale potential.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 5/8-18 Wallace Street, Blacktown NSW 2148
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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

2

Bathroom

2

Parking

1

Land

124mยฒ

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