38 Grace Cres, Merrylands is a 6 bedroom, 5 bathroom House with 2 parking spaces and was built in 1980. The property has a land size of 626m2. While the property is not currently for sale or for rent, it was last sold in October 2011.
Positioned 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 trafficAmenities:** 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 suburbsA 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.
The size of Merrylands is approximately 6.7 square kilometres. There are 44 parks, covering nearly 8.0% of the total area. The population of Merrylands in 2016 was 29653 people. By 2021 the population was 32472 showing a population growth of 9.5% in the area during that time. The predominant age group in Merrylands is 30-39 years. Households in Merrylands are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Merrylands work in a professional occupation.In 2021, 48.80% of the homes in Merrylands were owner-occupied compared with 51.60% in 2016.
Merrylands has 15,981 properties. Over the last 5 years, Houses in Merrylands have seen a 35.46% increase in median value, while Units have seen a 15.77% increase. As at 30 June 2026:
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