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NSW › Blacktown › Walters Rd

129 Walters Rd, Blacktown NSW 2148

For saleHouse for Sale

$950,000–$999,000

For sale

Asking range

3

Bedrooms

1

Bathrooms

1

Car spaces

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $950,000–$999,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $950,000–$999,000(Listing record · 29 June 2026)
  • CalculationAsk is 17% below the Blacktown median recorded sale ($1,140,500, n=58, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Blacktown's advertised median rent ($600/wk), implied gross yield would be 3.28% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.

Price evidence

The ask against the evidence

Asking

$950,000–$999,000

Asking range

No recorded sale for this property.

Blacktown at a glance

54,183

People

$1,140,500

Median sale

$600/wk

Median rent

2.74%

Suburb gross yield

Median sale from 58 recorded sales (last 12 months) — a Districts calculation.

See the full Blacktown report →

Vs Blacktown

-16.7%

Median sale

Suburb $1,140,500

+0.54 pp

Gross yield

Suburb 2.74%

Suburb median $1,140,500 from 58 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Based on the low end of the asking range, not a contract price.

Purchase Price
$950,000
Stamp Duty (New South Wales)
$37,162
Transfer/Registration Fee
$167
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$991,029

$41,029 on top of the price (4.3% extra)

  • Stamp Duty (New South Wales)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: New South Wales schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Based on the low end of the asking range, not a contract price.

Pre-filled with Blacktown's advertised median rent — not a rent for this listing.

Net yield
1.78%
Annual cashflow (pre-tax)
$-32,450
Interest cover (DSCR)
0.34
Annual rent
$31,200
Operating expenses
$14,250
Loan amount
$760,000
Annual interest
$49,400
Gross yield
3.28%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.

Site

Terrain

Terrain has not been calculated for this property yet.

Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.

Flood, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Listed$950,000–$999,000available29 June 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

NSW

Why this lot, not just this suburb

Why could this property outperform?

Planning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $600/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

Current comparable rental listings within 400 m of this lot are not loaded. NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 3.3%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. NSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.

Verdict

What this means for this property

Districts view

Not enough official evidence yet to underwrite this as an investment.

Detail

The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”

Read more

Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.

The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.

Evidence

What is known for this property

Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.

1 of 10 questions answered so far

  • Development optionality of this lot

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.

  • Honest achievable rent

    Knownlow

    This is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.

  • Rental supply pressure

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    NSW Valuer General land values are not loaded for this property yet.

  • Net yield / holding costs

    Unknown

    NSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.

Area

Blacktown in one glance

Blacktown at a glance

54,183

People

$1,140,500

Median sale

$600/wk

Median rent

2.74%

Suburb gross yield

Median sale from 58 recorded sales (last 12 months) — a Districts calculation.

See the full Blacktown report →

Keep researching

  • Why Blacktown? Read the area thesis →
  • What else is on the market in Blacktown →
  • Other records on Walters Rd →

Listing material

Listed by RealHome Properties

Fully Renovated Family Home with Strong Rental Return

Perfectly positioned in the heart of Blacktown, presents a spectacular opportunity for savvy investors, growing families, and first-home buyers alike. This classic 3-bedroom home has been completely transformed through an extensive, top-to-bottom renovation, combining established character with crisp, modern living.

Rented at $680 Per Week, DA Blueprint

A High-Yield Investment from Day One

Read the full description

For the investor looking for a secure, low-maintenance asset to add to their portfolio, this property is currently rented for $680 per week. With the extensive structural and cosmetic work already completed, you can enjoy immediate cash flow and strong rental yield with minimal ongoing maintenance costs.

Seamless Modern Living: Fully Renovated Top-to-Bottom

While keeping its solid residential footprint, the home has undergone a comprehensive internal and structural renewal. With newly replaced framing, flawless internal walls, and premium finishes throughout, stepping inside gives you the undeniable luxury, cleanliness, and comfort of a brand-new interior.

Brand-New Gourmet Kitchen: Masterfully updated with modern cabinetry, quality appliances, and plenty of bench space.

Contemporary Bathroom: A sleek, fully renovated main bathroom, plus a large internal laundry equipped with a convenient second toilet.

Three bright, well-proportioned bedrooms featuring freshly painted walls and immaculate modern flooring—there is absolutely nothing left to spend.

Unlock Huge Value: DA for a 6-Bedroom Home

For buyers looking to secure long-term equity, the property boasts a DA approval to upgrade the property into a substantial 6-bedroom home. Because the architectural planning has already been completed, offering a clear, pre-approved path to expand the home and massively increase the property's value whenever you are ready.

A Premium, Central Location: Located in a highly convenient Blacktown pocket, you are just minutes away from essential local amenities:

Quick access to Blacktown CBD, Westpoint Shopping Centre, and Blacktown Train Station. Walking distance or a short drive to quality local schools, childcare centres, and family-friendly parks. Seamless connectivity to both the M4 and M7 motorways.

This property strikes the perfect balance: a beautifully updated asset generating an immediate

$680/week today, with a ready-made blueprint to build a massive family home tomorrow.

Agent's Note: With a reliable rental return already locked in and significant capital growth potential via the DA approval, this is a standout opportunity in the current Blacktown market.

Inspect today!

Disclaimer: All information contained herein is gathered from sources we deem reliable. However, we cannot guarantee its accuracy, and interested parties should rely on their own enquiries. Please note that some photos used in this listing have been virtually furnished for illustrative purposes only.

Listing description written by Derik Gomes, RealHome Properties — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Built-in Robes
  • Floorboards
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.