Nine-block Oxley Park residential sale to crush local price record

Nine-block Oxley Park residential sale to crush local price record nmprofetimg 1304
Nine-block Oxley Park residential sale to crush local price record capi 3d081adebd8f1f5fdb92eafe887a9ea7 a9da066c56539a1c1463adc9c845c938

A suburban developer’s dream.

A western Sydney residential block sized nearly 7,000 sqm with three street fronts and direct access to a local park has been listed for sale through an expressions of interest campaign.

The block, on the corner of Melbourne and Adelaide St Oxley Park has nine properties over ten titles and is for sale by the owners who have grouped together to list their homes in a combined block.

MORE: Merrylands corner block sale to set new suburb record

Auction behaviour starting to turn

Nine-block Oxley Park residential sale to crush local price record capi 3d081adebd8f1f5fdb92eafe887a9ea7 9eea679ecc8a7d3263c95b70fc03a125

The nine-block sale could create a new look for Oxley Park.

All of the properties are linked through a Right of Carriageway and are located in an area with possible rezoning for medium and high density residential development, subject to council approval.

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The 7,000 sqm block.

Realestate.com.au currently has the median price for an Oxley Park home at $560,000

The corner block property, 87 Melbourne Street Oxley Park, is on 556 sqm and last sold for $283,000, according to CoreLogic. The neighbouring property at 8 Adelaide St was listed for sale October 2005 for $370,000 and taken off market with in a week.