Blackett

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A newly constructed duplex in Blackett, that features two almost-mirror-image dwellings attached to each other, has sold for $850,000 at recent auction.
Designated as 2 &amp; 2a on Manifold Road, the property features four bedrooms in each residence (eight total), three bathrooms in each residence (six total), and two single-car garages.  
The total land parcel comprises of roughly 484 square metres. 
The listing asserted a potential rental yield of up to 6% - substantially higher than the Sydney average.
Construction on the homes was completed last year.
The property was listed in December of 2018 at $1.03 million for both residences, or $525,000 individually, however failed to sell.
Blackett's median house price is $450,000.
Jack Nahas and Gokhan Deler, from Laing+Simmons Mount Druitt, listed the property.
 
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Blackett duplex sells at auction at around potential 6 percent yield

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The cheapest weekend sale was in Blackett in Sydney’s west when $410,000 was paid for a redundant NSW Housing Department residence.
The three-bedroom Franklin Cres home sold through LJ Hooker Mount Druitt agent Deniz Sagin to an investor renovator. The home sits on a 645 sqm block with granny flat potential.
Mr Sagin advised post-renovation it could attract $380 a week rental, reflecting a 4.8 per cent rental yield before costs.
The suburb’s median price is $450,000, according to realestate.com.au, still well below its $545,000 boomtime 2017 median.
The next cheapest was $462,000 for a three-bedroom Tregear home, just 3km away.
The third cheapest sale was at Bondi Beach, snapped up pre-auction at $535,000. The one bedroom flat, last sold in 2008 at $235,000, was recently a $400-a-week rental, thereby reflecting a 3.9 per cent rental yield.
This article was first published in the Daily Telegraph.  
<a href="https://3franklincres-blackett.ljhooker.com.au/" target="_blank" data-saferedirecturl="https://www.google.com/url?q=https://3franklincres-blackett.ljhooker.com.au/&amp;source=gmail&amp;ust=1575329317106000&amp;usg=AFQjCNEIVZk4CPkkMuW4HA1Sr0Okg39Mow"> </a>
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