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NSW › Blackalls Park › Fassifern Rd

88 Fassifern Rd, Blackalls Park NSW 2283

For saleHouse

$875,000–$920,000

For sale

Asking range

$516,000

Last sold

1 Nov 2019

3

Bedrooms

2

Bathrooms

2

Car spaces

711 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $875,000–$920,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $875,000–$920,000(Listing record · 6 July 2026)
  • FactLand 711 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Blackalls Park (last 5 years) with land size: median $1,037/m² of land (n=63). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)
  • CalculationAsk is 6% below the Blackalls Park median recorded sale ($930,000, n=17, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Blackalls Park's advertised median rent ($629/wk), implied gross yield would be 3.74% — 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

$875,000–$920,000

Asking range · $1,231/m² of land

Last recorded sale $516,000 (1 Nov 2019).

Local land rate: recorded House sales in Blackalls Park (last 5 years) with land size have a median of $1,037/m² of land (n=63). Districts calculation from recorded sales — not a valuation.

Blackalls Park at a glance

2,773

People

$930,000

Median sale

$629/wk

Median rent

3.52%

Suburb gross yield

Median sale from 17 recorded sales (last 12 months) — a Districts calculation.

See the full Blackalls Park report →

Vs Blackalls Park

-5.9%

Median sale

Suburb $930,000

+0.22 pp

Gross yield

Suburb 3.52%

Suburb median $930,000 from 17 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
$875,000
Stamp Duty (New South Wales)
$33,787
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
$912,654

$37,654 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 Blackalls Park's advertised median rent — not a rent for this listing.

Net yield
2.24%
Annual cashflow (pre-tax)
$-25,917
Interest cover (DSCR)
0.43
Annual rent
$32,708
Operating expenses
$13,125
Loan amount
$700,000
Annual interest
$45,500
Gross yield
3.74%

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

201920232026$516k$875k
  • Sold (recorded)
  • Asking price (not a sale)
  1. Listed$875,000–$920,000available6 July 2026
  2. Sold$516,0001 Nov 2019
  3. Listedprice unknowncompleted21 Aug 2019

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 $629/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 3.7%. 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

Blackalls Park in one glance

Blackalls Park at a glance

2,773

People

$930,000

Median sale

$629/wk

Median rent

3.52%

Suburb gross yield

Median sale from 17 recorded sales (last 12 months) — a Districts calculation.

See the full Blackalls Park report →

Keep researching

  • Why Blackalls Park? Read the area thesis →
  • What else is on the market in Blackalls Park →
  • Other records on Fassifern Rd →

Listing material

Listed by Global Property International Warners Bay

Contemporary Family Living with Premium Energy Efficiency

Stylish Family Living with a Resort-Style Pool and Exceptional Energy Efficiency

Perfectly positioned in the heart of Blackalls Park, this beautifully presented residence delivers an outstanding combination of modern comfort, effortless entertaining, and impressive energy efficiency. Thoughtfully designed for relaxed family living, the home offers spacious interiors, quality finishes, and an exceptional outdoor lifestyle that can be enjoyed year-round.

At the heart of the home, light-filled living spaces flow seamlessly to a private outdoor entertaining area overlooking a sparkling in-ground swimming pool, creating the perfect setting for family gatherings, weekend barbecues, or simply unwinding in your own backyard retreat.

Read the full description

Adding even greater appeal is the home's premium 13kW solar system, comprising approximately 32 solar panels providing substantial energy savings and greater independence from rising electricity costs.

Property Features

Three generous bedrooms with built-in storage

Two stylish and well-appointed bathrooms

Spacious open-plan living and dining areas

Well-equipped kitchen with ample bench space and storage

Sparkling in-ground swimming pool

Covered outdoor entertaining area

13kW solar system (approximately 32 panels)**

10kWh battery storage system**

Excellent energy efficiency with significantly reduced power costs

Generous, low-maintenance yard with room for children and pets

Ample off-street parking

Conveniently located close to schools, shopping, public transport, parks, and the stunning Lake Macquarie foreshore

Offering the perfect balance of lifestyle, practicality, and sustainability, this impressive home is ready for its next owners to move straight in and enjoy. Whether you're looking to upsize, invest, or secure your forever home, **88 Fassifern Road, Blackalls Park** presents an exceptional opportunity in one of the area's most convenient locations.

A home of this calibre, complete with premium energy-saving features and outstanding outdoor living, is sure to attract strong interest. Contact us today to arrange your private inspection.

Disclaimer:

All information contained in this listing is provided to Global Property by the third parties, and is intended as a guide only. No warranty is given as to it's accuracy and purchasers should rely on their own inquiries.

Listing description written by Darcy Mercieca, Global Property International Warners Bay — reproduced as published, not verified by Districts.

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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.