61 Toongabbie Road, Toongabbie NSW 2146

61 Toongabbie Road, Toongabbie NSW 2146
Large 916sqm R4 block | 1950s three-bed house | one bathroom | long-term tenant | standard school zone The defining advantage of this property is its very large 916-square-metre block zoned R4 High Density Residential, a combination rarely found in this part of Toongabbie. The existing 1950s house, while modest with three bedrooms and one bathroom, is well-presented and currently leased to long-term tenants, providing immediate holding income. The property is positioned in a standard public school catchment and benefits from established local infrastructure. It is best matched to a buyer focused on land content and development optionality, such as an investor or land-banker, rather than someone seeking a modern turnkey home. The age of the house and its single bathroom may limit its appeal to families seeking a ready-to-move-in home, potentially affecting resale if the development path is not pursued. The property’s value is largely influenced by its R4 zoning and block dimensions, which might support redevelopment subject to council approval, a process that carries time and cost risks. The current rental yield is modest, and the older structure may require maintenance, so a buyer should weigh holding cost against future uplift.
Detailed Independent Property Report prepared  by PropCred Analyst team for 61 Toongabbie Road, Toongabbie NSW 2146
Checks found:
Value Risk ! 1
Liquidity Risk ✕ 2
Planning Risk ✕ 2
Income Risk ✓
Execution Risk ✓
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Market Insight

Toongabbie presents a compelling market for owner-occupiers, particularly young professional families, who dominate its stable, mortgage-holding demographic. This demand underpins solid house price growth, though the unit segment currently faces headwinds with softening values. The suburb’s position below its long-term trend suggests potential, yet the divergence between robust houses and weaker units highlights a key risk of segment-specific supply or demand imbalances.
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PropCred Estimated Value

Bedrooms

3

Bathroom

1

Parking

3

Land

917m²

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