241 Old Prospect Rd, Greystanes is a 5 bedroom, 2 bathroom House with 4 parking spaces. The property has a land size of 557m2. While the property is not currently for sale or for rent, it was last sold in October 2025. There are other 5 bedroom House sold in Greystanes in the last 12 months.
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An outstanding opportunity to secure a versatile property featuring a spacious family home plus a council-approved granny flat. Perfect for extended families or savvy investors seeking dual income potential, this property sits on a generous 557m² block in a highly convenient location.
Main Residence
* Solid brick veneer construction
* Freshly painted with new blinds and polished timber floors throughout
* Three generous bedrooms, all with built-in wardrobes
* Modern kitchen with gas cooking
* Large living room plus separate dining area
Granny Flat
* Council-approved brick veneer design
* Two bedrooms with built-in wardrobes
* Spacious open-plan living and dining
* Contemporary kitchen with plenty of cupboard space
* Large bathroom plus separate laundry
* Private courtyard
Location Highlights
* Close to quality schools, parks, shops, cafés, and City buses
* Easy access to main arterial roads
* Family-friendly neighbourhood with excellent lifestyle convenience
Investor's Note
* House rental potential: $650 per week
* Granny flat rental potential: $520 per week
* Combined potential dual income: Up to $1,170 per week
This rare offering provides flexibility for owner-occupiers and investors alike—live in one and rent the other, accommodate extended family, or lease both for excellent returns.
The size of Greystanes is approximately 8.9 square kilometres. It has 54 parks covering nearly 21.8% of total area. The population of Greystanes in 2016 was 22802 people. By 2021 the population was 23511 showing a population growth of 3.1% in the area during that time. The predominant age group in Greystanes is 40-49 years. Households in Greystanes are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Greystanes work in a professional occupation.In 2021, 76.90% of the homes in Greystanes were owner-occupied compared with 79.40% in 2016.
Greystanes has 8,434 properties. Over the last 5 years, Houses in Greystanes have seen a 74.32% increase in median value, while Units have seen a 30.88% increase. As at 31 December 2025:
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