Merrylands at a glance
36,323
People
$1,422,500
Median sale
$635/wk
Median rent
2.32%
Suburb gross yield
Median sale from 72 recorded sales (last 12 months) — a Districts calculation.
NSW › Merrylands › Grace Cres
$1,666,000
Last sold
2 Aug 2026
6
Bedrooms
5
Bathrooms
4
Car spaces
626 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
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
Last sold
$1,666,000
2 Aug 2026 · derived via latest_sale
Local land rate: recorded House sales in Merrylands (last 5 years) with land size have a median of $2,554/m² of land (n=51). Districts calculation from recorded sales — not a valuation.
Merrylands at a glance
36,323
People
$1,422,500
Median sale
$635/wk
Median rent
2.32%
Suburb gross yield
Median sale from 72 recorded sales (last 12 months) — a Districts calculation.
Vs Merrylands
+17.1%
Median sale
Suburb $1,422,500
-0.34 pp
Gross yield
Suburb 2.32%
Suburb median $1,422,500 from 72 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
Data unavailable
Source
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 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 exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
NSWPlanning 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.
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
No advertised rent is recorded. Suburb median rent $635/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
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.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. NSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.
Verdict
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.”
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
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
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownNSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.
Honest achievable rent
KnownlowThis 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
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownNSW Valuer General land values are not loaded for this property yet.
Net yield / holding costs
UnknownNSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.
Area
Merrylands at a glance
36,323
People
$1,422,500
Median sale
$635/wk
Median rent
2.32%
Suburb gross yield
Median sale from 72 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by HS PartnersPositioned within a quiet one way street in one of Merrylands' most convenient residential pockets, 38 Grace Crescent presents a rare large-scale income opportunity where flexibility, scale and strong rental performance converge. Occupying a substantial 626sqm parcel with a wide 14.94m frontage, the property is thoughtfully configured to deliver multiple independent living zones, creating immediate appeal for serious investors or owner-occupiers seeking exceptional income while living on site.
Spanning several self-contained residences across the property, the layout offers remarkable versatility. The main residence provides generous family accommodation, a detached granny flat introduce additional private living environments. Together, the property forms a compelling multi-income asset capable of delivering strong combined returns while maintaining privacy between occupants.
Beyond the residence itself, the location strengthens the long-term appeal. Everyday convenience is assured with major shopping, transport connections and community facilities all within walking distance. Stockland Merrylands, the train station and civic amenities are moments away, while surrounding parks and recreational spaces provide a balanced suburban lifestyle.
For investors, the property offers an attractive high-yield configuration rarely found in such a central location. For owner-occupiers, it presents a strategic opportunity to offset living costs through multiple rental streams while retaining a spacious primary residence.
Main Features
** Approx. 626sqm land parcel with wide 14.94m frontage
** Total 6 well-designed bedrooms
** Two self-contained workshops
** Detached granny flat with 2 bedrooms
** Multiple independent dwellings ideal for strong rental diversification
** Estimated combined rental potential up to approximately $1,500 per week (subject to confirmation)
** Quiet one-way residential street offering privacy and reduced traffic
Amenities:
** Approximately 1.2km to Stockland Merrylands Shopping Centre
** Approximately 1.2km walk to Merrylands Train Station
** Approximately 1km to Merrylands Civic Square
** Approximately 300m to Merrylands Youth RSL
** Approximately 2.9km to Central Gardens Nature Reserve
** Approximately 900m walk to Merrylands East Public School
** Approximately 2.3km to Merrylands High School
** Close to local bus routes connecting to Parramatta and surrounding suburbs
A rare multi-residence holding of impressive scale, 38 Grace Crescent represents a powerful investment in one of Western Sydney's consistently high-demand rental corridors - delivering immediate income potential with long-term strategic value.
DISCLAIMER: HS Partners Real Estate has made every effort to obtain the information regarding these listings from sources deemed reliable. However, we cannot guarantee its accuracy and interested persons should rely on their own enquiries. The video is for reference only, mainly based on actual viewing.
Listing description written by Andy Haisheng Shi, HS Partners — reproduced as published, not verified by Districts.