92 The Boulevarde, Wiley Park NSW 2195
92 The Boulevarde, Wiley Park NSW 2195
4 bed | 1 bath | 4 car | 816-822sqm | Wiley Park | large landholding | long ownership history
This property offers a rare configuration for Wiley Park: a freestanding house on a substantial 816-822sqm parcel, with four bedrooms and four car spaces. The long ownership history since 1995 suggests stable tenure and potentially low basis for a buyer. For a developer or an investor seeking landbank upside, the large lot presents subdivision or dual-occupancy potential, subject to council zoning. The property suits a buyer prioritizing land content over immediate dwelling condition, as the single bathroom indicates the house may require updating.
The primary risk is the dwelling’s dated condition, given one bathroom for four bedrooms and a 1995 transaction. Renovation costs could be significant, and the land size inconsistency between 816 and 822sqm warrants a survey. However, the large lot in a suburb with ongoing housing demand provides capital growth logic. The buyer should budget for a thorough building inspection and confirm development potential with council. Hold for medium-term land appreciation or redevelop when zoning permits.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 92 The Boulevarde, Wiley Park NSW 2195
Market Insight:
Wiley Park presents a compelling urban investment with strong fundamentals. Demand is driven by young professionals seeking affordable entry into the Sydney market, supported by significant population growth projections. The market exhibits robust capital appreciation across both houses and units, with houses moving quickly and units offering attractive rental yields. Future growth is underpinned by a potential supply shortfall relative to forecast population increases, though this is tempered by current low development activity which may constrain buyer choice.